TRADERS HOLDINGS CO.,LTD.(8704) Financial Results

Current Period Guidance

Annual

Result

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2022	7,082	2,372	2,360	2,189	75.1	11	May 16, 2022	J-GAAP
Mar, 2023	9,194	3,742	3,730	3,217	111.1	17	May 15, 2023	J-GAAP
Mar, 2024	10,103	4,412	4,389	3,334	117.4	24	Apr 30, 2024	J-GAAP
Mar, 2025	13,429	6,634	6,650	4,547	164.6	32	Apr 30, 2025	J-GAAP
Mar, 2026 Guidance	14,700	7,000	7,000	4,800	182.3	－	Apr 30, 2025	J-GAAP
YoY	+9.5%	+5.5%	+5.3%	+5.6%	+10.7%

Guidance History

Revision Direction	Revision Date	Revenue	Operating Profit	Ordinary Profit	Net Profit	Revised Dividend	Accounting Standards
Mar, 2021	May 14, 2020	7,540	2,380	2,200	1,640	－*	J-GAAP
-	Mar 16, 2021	6,310	2,000	1,920	1,550	10*	J-GAAP
Results	May 14, 2021	6,856	2,356	2,272	1,793	10*	J-GAAP
Mar, 2022	May 14, 2021	Available in future release
	Feb 14, 2022
	Mar 16, 2022
Results	May 16, 2022
Mar, 2023	May 16, 2022
	Nov 14, 2022
	Feb 14, 2023
	Mar 14, 2023
Results	May 15, 2023
Mar, 2024	May 15, 2023
	Mar 12, 2024
Results	Apr 30, 2024
Mar, 2025	Apr 30, 2024
	Jan 31, 2025
	Feb 4, 2025
Results	Apr 30, 2025
Mar, 2026	Apr 30, 2025	14,700	7,000	7,000	4,800	－	J-GAAP

Growth Rate

Fiscal Year	Revenue	YoY	Operating Profit	YoY	Ordinary Profit	YoY	Adj. EPS	YoY
Mar, 2001	429	+1,942.9	Available in future release
Mar, 2002	1,125	+162.2
Mar, 2003	1,391	+23.6
Mar, 2004	2,308	+65.9
Mar, 2005	3,146	+36.3
Mar, 2006	5,447	+73.1
Mar, 2007	5,522	+1.4
Mar, 2008	5,483	-0.7
Mar, 2009	4,447	-18.9
Mar, 2010	3,679	-17.3
Mar, 2011	4,275	+16.2
Mar, 2012	2,993	-30.0
Mar, 2013	2,761	-7.8
Mar, 2014	2,565	-7.1
Mar, 2015	2,340	-8.8
Mar, 2016	2,938	+25.6
Mar, 2017	2,941	+0.1
Mar, 2018	1,728	-41.2
Mar, 2019	4,654	+169.3
Mar, 2020	6,677	+43.5
Mar, 2021	6,856	+2.7
Mar, 2022	7,082	+3.3
Mar, 2023	9,194	+29.8
Mar, 2024	10,103	+9.9
Mar, 2025	13,429	+32.9
Mar, 2026 Guidance	14,700	+9.5	7,000	+5.5	7,000	+5.3	182.3	+10.8

Profitability

Fiscal Year	Revenue	Operating Profit	Operating Profit Margin	ROE	ROA	Total Asset Turnover Ratio	Adj. EPS
Mar, 2024	10,103	4,412	43.7	25.60	3.23	0.10	117.4
Mar, 2025	13,429	6,634	49.4	29.00	3.74	0.11	164.6
Mar, 2026 Guidance	14,700	7,000	47.6	26.81	3.37	0.10	182.3

All-Time High

	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS
Record	13,429	6,634	6,650	4,547	164.6
Fiscal Year	Mar, 2025	Mar, 2025	Mar, 2025	Mar, 2025	Mar, 2025

Second Half

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2022	4,775	1,957	1,957	1,726	59.6	17	May 15, 2023	J-GAAP
Oct - Mar, 2023	5,489	2,549	2,543	1,829	64.4	16	Apr 30, 2024	J-GAAP
Oct - Mar, 2024	5,772	2,361	2,366	1,662	60.2	20	Apr 30, 2025	J-GAAP
Oct - Mar, 2025 Guidance	8,844	4,570	4,558	3,053	115.9	－	Oct 31, 2025	J-GAAP
YoY	+53.2%	+93.6%	+92.6%	+83.7%	+92.7%

Cash Flow

Annual

Fiscal Year	Operating Profit	Fee Cash Flow	Operating Cash Flow	Investing Cash Flow	Financial Cash Flow	Cash & Equivalents	Cash Ratio	Accounting Standards
Mar, 2023	3,742	593	1,322	-729	-590	5,235	5.93	J-GAAP
Mar, 2024	4,412	4,839	5,168	-329	-1,279	8,820	7.46	J-GAAP
Mar, 2025	6,634	5,866	6,473	-607	-2,582	12,090	9.67	J-GAAP

Actual Performance and Financial Trends

Accumulated Results 2nd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Apr - Sep, 2023	4,614	1,863	1,846	1,505	52.5	42.1	Nov 13, 2023	J-GAAP
Apr - Sep, 2024	7,657	4,273	4,284	2,885	103.7	64.4	Oct 31, 2024	J-GAAP
Apr - Sep, 2025	5,856	2,430	2,442	1,747	65.0	34.9	Oct 31, 2025	J-GAAP
YoY	-23.5%	-43.1%	-43.0%	-39.4%	-37.3%

Quarterly Results

Result

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	3,216	1,905	1,907	1,373	48.1	59.2	Feb 13, 2024	J-GAAP
Jan - Mar, 2024	2,273	644	636	456	16.1	28.3	Apr 30, 2024	J-GAAP
Apr - Jun, 2024	3,513	2,054	2,051	1,485	53.2	58.5	Jul 31, 2024	J-GAAP
Jul - Sep, 2024	4,144	2,219	2,233	1,400	50.3	53.5	Oct 31, 2024	J-GAAP
Oct - Dec, 2024	2,904	1,338	1,333	940	33.9	46.1	Jan 31, 2025	J-GAAP
Jan - Mar, 2025	2,868	1,023	1,033	722	26.1	35.7	Apr 30, 2025	J-GAAP
Apr - Jun, 2025	3,018	1,395	1,413	1,079	39.6	46.2	Jul 31, 2025	J-GAAP
Jul - Sep, 2025	2,838	1,035	1,029	668	24.9	36.5	Oct 31, 2025	J-GAAP
YoY	-31.5%	-53.4%	-53.9%	-52.3%	-50.6%

Growth Rate

Fiscal Year	Revenue	YoY	Operating Profit	YoY	Ordinary Profit	YoY	Adj. EPS	YoY
Oct - Dec, 2020	1,465	+2.6	Available in future release
Jan - Mar, 2021	2,235	+7.3
Apr - Jun, 2021	1,553	-6.8
Jul - Sep, 2021	1,570	+5.4
Oct - Dec, 2021	1,893	+29.2
Jan - Mar, 2022	2,066	-7.6
Apr - Jun, 2022	2,397	+54.3
Jul - Sep, 2022	2,022	+28.8
Oct - Dec, 2022	2,317	+22.4
Jan - Mar, 2023	2,458	+19.0
Apr - Jun, 2023	2,840	+18.5
Jul - Sep, 2023	1,774	-12.3
Oct - Dec, 2023	3,216	+38.8
Jan - Mar, 2024	2,273	-7.5
Apr - Jun, 2024	3,513	+23.7
Jul - Sep, 2024	4,144	+133.6
Oct - Dec, 2024	2,904	-9.7
Jan - Mar, 2025	2,868	+26.2
Apr - Jun, 2025	3,018	-14.1
Jul - Sep, 2025	2,838	-31.5	1,035	-53.4	1,029	-53.9	24.9	-50.5

All-Time High Quarterly Results

	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS
Record	4,144	2,219	2,233	1,485	60.5
Fiscal Year	Sep, 2024	Sep, 2024	Sep, 2024	Jun, 2024	Dec, 2005

Key Balance Sheet Figures

Fiscal Year	BPS	Equity Ratio	Total Asset	Equity	Retained Earnings	Interest-Bearing Debt Ratio	Announce	Accounting Standards
Mar, 2023	416.91	13.6	88,317	11,975	9,768	0.17	May 15, 2023	J-GAAP
Mar, 2024	504.36	11.9	118,193	14,070	12,386	0.16	Apr 30, 2024	J-GAAP
Mar, 2025	634.27	13.8	125,048	17,289	16,157	0.07	Apr 30, 2025	J-GAAP
Apr - Sep, 2025	ー	12.6	142,318	17,906	17,360	0.07	Oct 31, 2025	J-GAAP