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YONEX, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 11%, Oct-Dec Ordinary Profit Increases by 10%
7906 YONEX CO.,LTD. 【J-GAAP】
Earnings ReportYONEX CO.,LTD. <7906> [TSE Std] announced its financial results after the market closed on February 10th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 11.0% from the same period last year, reaching 12.7 billion yen. Progress toward the full-year plan of 15.6 billion yen was 81.4%, also surpassing the five-year average of 73.3%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to grow 15.1% from the same period last year, reaching 2.89 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 9.8% from the same period last year, reaching 4.50 billion yen. However, the operating profit margin decreased from 10.6% in the same period last year to 10.0%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 85,172 | 8,204 | 8,583 | 6,279 | 72.6 | 70.4 | Feb 8, 2024 | J-GAAP |
| Apr - Dec, 2024 | 101,758 | 11,391 | 11,446 | 9,249 | 107.1 | 82.0 | Feb 7, 2025 | J-GAAP |
| Apr - Dec, 2025 | 120,474 | 12,932 | 12,702 | 9,610 | 112.4 | 81.4 | Feb 10, 2026 | J-GAAP |
| YoY | +18.4% | +13.5% | +11.0% | +3.9% | +4.9% |
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 | 71,334 | 6,485 | 6,620 | 5,166 | 60.0 | 11 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 82,468 | 7,353 | 7,401 | 5,229 | 61.1 | 12 | Nov 7, 2025 | J-GAAP |
| YoY | +15.6% | +13.4% | +11.8% | +1.2% | +1.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 116,442 | 11,611 | 12,195 | 8,859 | 102.5 | 16 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 138,276 | 14,176 | 13,964 | 10,591 | 123.0 | 22 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 162,000 | 16,200 | 15,600 | 11,600 | 135.6 | 24 | Nov 7, 2025 | J-GAAP |
| YoY | +17.2% | +14.3% | +11.7% | +9.5% | +10.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 34,816 | 3,700 | 4,102 | 3,824 | 44.3 | 10.6 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 36,518 | 2,785 | 2,518 | 1,342 | 15.6 | 7.6 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 39,856 | 6,277 | 5,954 | 4,237 | 49.6 | 15.7 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 39,676 | 2,570 | 2,245 | 2,134 | 25.0 | 6.5 | Nov 7, 2025 | J-GAAP |
| Oct - Dec, 2025 | 40,942 | 4,085 | 4,503 | 3,239 | 37.9 | 10.0 | Feb 10, 2026 | J-GAAP |
| YoY | +17.6% | +10.4% | +9.8% | -15.3% | -14.5% |
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