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Sun Messe, Net Income Forecast for the Fiscal Year Revised Upward to an Unexpected 5% Increase
7883 Sun Messe Co.,Ltd. 【J-GAAP】
Earnings ReportSun Messe Co.,Ltd. <7883> [TSE Std] announced its financial results after the market closed on November 4th (15:50). The consolidated net income for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 17.6% from the same period last year, reaching 127 million yen, resulting in an increase in profits compared to the previous forecast of a 40.7% decrease.
In addition, the full-year forecast for consolidated net income has been revised upward 62.8%, from the previous forecast of 215 million yen to 350 million yen (compared to 332 million yen in the previous period), turning to a 5.4% increase in the consolidated net income outlook.
Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated net income for the October to March period (second half) is expected to nearly flat at 223 million yen, down 0.4% from the same period last year.
In the most recent three-month period, from July to September (2Q), the consolidated net loss expanded to a loss of 110 million yen (compared to a loss of 70 million yen in the same period last year). The operating profit/loss margin worsened from -3.5% in the same period last year to -5.0%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 7,962 | 78 | 161 | 92 | 6.0 | 38.9 | Nov 1, 2023 | J-GAAP |
| Apr - Sep, 2024 | 8,044 | 61 | 171 | 108 | 7.0 | 48.9 | Nov 1, 2024 | J-GAAP |
| Apr - Sep, 2025 | 8,185 | 85 | 200 | 127 | 8.2 | 58.0 | Nov 4, 2025 | J-GAAP |
| YoY | +1.8% | +39.3% | +17.0% | +17.6% | +17.8% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 Guidance | 8,281 | 18 | 113 | 64 | 4.1 | 4 | May 9, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 8,185 | 85 | 200 | 127 | 8.2 | 4 | Nov 4, 2025 | J-GAAP |
| Revision Rate | -1.2% | +372.2% | +77.0% | +98.4% | +100.0% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 17,190 | 175 | 345 | 215 | 14.0 | 8 | May 9, 2025 | J-GAAP |
| Mar, 2026 New | 17,190 | 175 | 345 | 350 | 22.8 | 8 | Nov 4, 2025 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | +62.8% | +62.9% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 8,392 | 74 | 179 | 224 | 14.5 | 5 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 9,005 | 90 | 145 | 223 | 14.5 | 4 | Nov 4, 2025 | J-GAAP |
| YoY | +7.3% | +21.6% | -19.0% | -0.4% | +0.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 16,633 | 257 | 414 | 257 | 16.6 | 8 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 16,436 | 135 | 350 | 332 | 21.4 | 9 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 17,190 | 175 | 345 | 350 | 22.8 | 8 | Nov 4, 2025 | J-GAAP |
| YoY | +4.6% | +29.6% | -1.4% | +5.4% | +6.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 3,692 | -128 | -96 | -70 | -4.5 | -3.5 | Nov 1, 2024 | J-GAAP |
| Oct - Dec, 2024 | 4,282 | 89 | 160 | 153 | 9.9 | 2.1 | Feb 4, 2025 | J-GAAP |
| Jan - Mar, 2025 | 4,110 | -15 | 19 | 71 | 4.6 | -0.4 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 4,490 | 268 | 359 | 237 | 15.3 | 6.0 | Aug 1, 2025 | J-GAAP |
| Jul - Sep, 2025 | 3,695 | -183 | -159 | -110 | -7.1 | -5.0 | Nov 4, 2025 | J-GAAP |
| YoY | +0.1% | -43.0% | -65.6% | -57.1% | -57.5% |
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