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Inabata &, First Half Ordinary Profit Unexpectedly Revised Upward by 6%
8098 Inabata & Co.,Ltd. 【J-GAAP】
Earnings ReportInabata & Co.,Ltd. <8098> [TSE Prime] announced its financial results in the afternoon session on November 6th (14:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 5.9% from the same period last year, reaching 14.8 billion yen, resulting in an increase in profits compared to the previous forecast of a 10.6% decrease.
Progress toward the full-year plan of 25.5 billion yen was 58.1%, also surpassing the five-year average of 51.0%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to decrease 12.0% from the same period last year to 10.6 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew 10.5% from the same period last year, reaching 7.42 billion yen. The operating profit margin remained almost flat, changing from 3.4% in the same period last year to 3.6%.
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 | 375,196 | 10,465 | 10,656 | 12,542 | 227.2 | 49.8 | Nov 7, 2023 | J-GAAP |
| Apr - Sep, 2024 | 421,611 | 13,863 | 13,979 | 11,578 | 212.0 | 53.5 | Nov 7, 2024 | J-GAAP |
| Apr - Sep, 2025 | 412,887 | 14,049 | 14,809 | 11,953 | 222.2 | 58.1 | Nov 6, 2025 | J-GAAP |
| YoY | -2.1% | +1.3% | +5.9% | +3.2% | +4.8% |
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 | 430,000 | 12,500 | 12,500 | 9,500 | 178.0 | 63 | May 9, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 412,887 | 14,049 | 14,809 | 11,953 | 222.2 | 63 | Nov 6, 2025 | J-GAAP |
| Revision Rate | -4.0% | +12.4% | +18.5% | +25.8% | +24.8% |
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 | 416,227 | 11,961 | 12,155 | 8,255 | 151.5 | 65 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 457,113 | 11,451 | 10,691 | 7,547 | 141.4 | 65 | Nov 6, 2025 | J-GAAP |
| YoY | +9.8% | -4.3% | -12.0% | -8.6% | -6.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 766,022 | 21,190 | 21,393 | 20,000 | 362.2 | 120 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 837,838 | 25,824 | 26,134 | 19,833 | 363.9 | 125 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 870,000 | 25,500 | 25,500 | 19,500 | 365.3 | 128 | May 9, 2025 | J-GAAP |
| YoY | +3.8% | -1.3% | -2.4% | -1.7% | +0.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 208,020 | 7,038 | 6,725 | 5,209 | 95.4 | 3.4 | Nov 7, 2024 | J-GAAP |
| Oct - Dec, 2024 | 213,495 | 6,530 | 6,847 | 5,890 | 108.0 | 3.1 | Feb 6, 2025 | J-GAAP |
| Jan - Mar, 2025 | 202,732 | 5,431 | 5,308 | 2,365 | 43.4 | 2.7 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 204,109 | 6,620 | 7,381 | 6,046 | 111.7 | 3.2 | Aug 6, 2025 | J-GAAP |
| Jul - Sep, 2025 | 208,778 | 7,429 | 7,428 | 5,907 | 109.8 | 3.6 | Nov 6, 2025 | J-GAAP |
| YoY | +0.4% | +5.6% | +10.5% | +13.4% | +15.1% |
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