REVOLUTION, Net Income Forecast for the Fiscal Year Loss Widened in Downward Revision, 91% Deficit Against Net Assets
8894 REVOLUTION CO.,LTD. 【J-GAAP】
Earnings ReportREVOLUTION CO.,LTD. <8894> [TSE Std] announced its financial results after the market closed on August 25th (17:30). The consolidated net loss for the cumulative second quarter of the fiscal year ending October 2025 (November 2024 to April 2025) expanded to a loss of 17.1 billion yen (compared to a loss of 0.19 billion yen in the same period last year), further increasing the deficit beyond the forecast of a loss of 2.59 billion yen.
In addition, the full-year forecast for consolidated net income/loss has been revised downward from an expected loss of 3.11 billion yen to a loss of 17.2 billion yen (compared to a profit of 0.29 billion yen in the previous period), indicating an expansion in the loss margin The deficit amounted to a 90.6% impairment of net assets at the end of the previous fiscal year..
Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated net income/loss for the May to October period (second half) is expected to turn into a loss of 0.11 billion yen (compared to a profit of 0.49 billion yen in the same period last year).
In the most recent three-month period, from February to April (2Q), the consolidated net loss expanded to a loss of 15.7 billion yen (compared to a loss of 0.08 billion yen in the same period last year). However, the operating profit/loss margin drastically improved from -70.3% in the same period last year to -3.6%.
Kabutan News
Actual Performance and Financial Trends
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Progress Rate vs. First Half |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
354M | -167M | -164M | -166M | -4.2 | ー | Jun 13, 2023 | J-GAAP |
|
|
400M | -189M | -193M | -196M | -3.0 | ー | Jun 13, 2024 | J-GAAP |
|
|
14,251M | -3,124M | -3,080M | -17,141M | -148.6 | ー | Aug 25, 2025 | J-GAAP |
| YoY | +3,462.8% | -1,552.9% | -1,495.9% | -8,645.4% | -4,852.7% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Nov - Apr, 2024 Guidance | 12,988M | -4,026M | -4,323M | -2,596M | -22.3 | 0 | Apr 30, 2025 | J-GAAP |
| Nov - Apr, 2024 Results | 14,251M | -3,124M | -3,080M | -17,141M | -148.6 | 0 | Aug 25, 2025 | J-GAAP |
| Revision Rate | +9.7% | +22.4% | +28.8% | -560.3% | -567.8% |
Guidance Update
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct, 2025 Prev | 35,718M | -3,639M | -3,959M | -3,112M | -26.7 | 0 | Jun 23, 2025 | J-GAAP |
| Oct, 2025 New | 33,584M | -4,330M | -3,877M | -17,255M | -147.9 | 0 | Aug 25, 2025 | J-GAAP |
| Revision Rate | -6.0% | -19.0% | +2.1% | -454.5% | -454.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
5,166M | 522M | 524M | 492M | 7.1 | 0 | Dec 20, 2024 | J-GAAP |
|
Guidance
May - Oct, 2025
|
19,333M | -1,206M | -797M | -114M | -1.0 | 0 | Aug 25, 2025 | J-GAAP |
| YoY | +274.2% | - | - | - | - |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
2,403M | -415M | -408M | -372M | -8.4 | 0 | Dec 15, 2023 | J-GAAP |
|
|
5,566M | 333M | 331M | 296M | 4.3 | 0 | Dec 20, 2024 | J-GAAP |
|
Guidance
Oct, 2025
|
33,584M | -4,330M | -3,877M | -17,255M | -147.9 | 0 | Aug 25, 2025 | J-GAAP |
| YoY | +503.4% | - | - | - | - |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Operating Profit Margin |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
118M | -83M | -88M | -89M | -1.4 | -70.3 | Jun 13, 2024 | J-GAAP |
|
|
2,656M | 77M | 66M | 78M | 1.2 | 2.9 | Sep 13, 2024 | J-GAAP |
|
|
2,510M | 445M | 458M | 414M | 6.0 | 17.7 | Dec 20, 2024 | J-GAAP |
|
|
6,057M | -2,831M | -3,153M | -1,441M | -14.9 | -46.7 | Mar 14, 2025 | J-GAAP |
|
|
8,194M | -293M | 73M | -15,700M | -136.1 | -3.6 | Aug 25, 2025 | J-GAAP |
| YoY | +6,844.1% | -253.0% | - | -17,540.4% | -9,620.7% |