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Maxvalu Tokai, Mar-Nov (Cumulative 3Q) Ordinary Profit Decreases by 5%, Sep-Nov Ordinary Profit Decreases by 5%
8198 Maxvalu Tokai Co.,Ltd. 【J-GAAP】
Earnings ReportMaxvalu Tokai Co.,Ltd. <8198> [TSE Std] announced its financial results in the afternoon session on January 8th (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending February 2026 (March to November) decreased 4.7% from the same period last year to 8.47 billion yen. Progress toward the full-year plan of 14.2 billion yen was 59.7%, also falling below the five-year average of 64.2%.
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 December to February period (4Q) is expected to grow 10.4% from the same period last year, reaching 5.72 billion yen.
In the most recent three-month period, from September to November (3Q), the consolidated ordinary profit decreased to 2.50 billion yen, a 4.6% decrease compared to the same period last year. The operating profit margin remained almost flat, changing from 2.8% in the same period last year to 2.6%.
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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 |
|---|---|---|---|---|---|---|---|---|
| Mar - Nov, 2023 | 272,331 | 8,718 | 8,692 | 5,447 | 171.1 | 64.3 | Jan 12, 2024 | J-GAAP |
| Mar - Nov, 2024 | 280,153 | 8,894 | 8,898 | 5,741 | 180.1 | 63.2 | Jan 10, 2025 | J-GAAP |
| Mar - Nov, 2025 | 286,893 | 8,316 | 8,477 | 7,376 | 231.4 | 59.7 | Jan 8, 2026 | J-GAAP |
| YoY | +2.4% | -6.5% | -4.7% | +28.5% | +28.5% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Feb, 2024 | 189,342 | 7,784 | 7,812 | 5,355 | 168.0 | 75 | Apr 11, 2025 | J-GAAP |
| Sep - Feb, 2025 Guidance | 200,476 | 8,459 | 8,229 | 3,737 | 117.2 | 85 | Oct 14, 2025 | J-GAAP |
| YoY | +5.9% | +8.7% | +5.3% | -30.2% | -30.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2024 | 366,742 | 13,482 | 13,516 | 8,313 | 261.1 | 60 | Apr 10, 2024 | J-GAAP |
| Feb, 2025 | 377,418 | 14,061 | 14,084 | 9,387 | 294.5 | 75 | Apr 11, 2025 | J-GAAP |
| Feb, 2026 Guidance | 393,000 | 14,300 | 14,200 | 9,400 | 294.8 | 85 | Apr 11, 2025 | J-GAAP |
| YoY | +4.1% | +1.7% | +0.8% | +0.1% | +0.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Nov, 2024 | 92,077 | 2,617 | 2,626 | 1,709 | 53.6 | 2.8 | Jan 10, 2025 | J-GAAP |
| Dec - Feb, 2024 | 97,265 | 5,167 | 5,186 | 3,646 | 114.4 | 5.3 | Apr 11, 2025 | J-GAAP |
| Mar - May, 2025 | 95,645 | 2,723 | 2,812 | 2,009 | 63.0 | 2.8 | Jul 11, 2025 | J-GAAP |
| Jun - Aug, 2025 | 96,879 | 3,118 | 3,159 | 3,654 | 114.6 | 3.2 | Oct 14, 2025 | J-GAAP |
| Sep - Nov, 2025 | 94,369 | 2,475 | 2,506 | 1,713 | 53.7 | 2.6 | Jan 8, 2026 | J-GAAP |
| YoY | +2.5% | -5.4% | -4.6% | +0.2% | +0.2% |
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