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SEIBU HOLDINGS, Jul-Sep (2Q) Ordinary Profit Increases by 16%
9024 SEIBU HOLDINGS INC. 【J-GAAP】
Earnings ReportSEIBU HOLDINGS INC. <9024> [TSE Prime] announced its financial results in the afternoon session on November 13th (14:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) was 29.5 billion yen, a 2.2% decrease compared to the same period last year. Progress toward the full-year plan of 36.0 billion yen was 82.1%, also surpassing the five-year average of 47.2%.
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 significant drop 97.5% from the same period last year to 6.45 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew 15.7% from the same period last year, reaching 12.2 billion yen. However, the operating profit margin decreased from 10.9% in the same period last year to 10.1%.
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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 - Sep, 2023 | 238,882 | 31,818 | 29,130 | 27,458 | 91.2 | 67.7 | Nov 9, 2023 | J-GAAP |
| Apr - Sep, 2024 | 252,269 | 33,789 | 30,204 | 77,011 | 255.9 | 10.5 | Nov 7, 2024 | J-GAAP |
| Apr - Sep, 2025 | 259,587 | 31,308 | 29,549 | 19,887 | 76.4 | 82.1 | Nov 13, 2025 | J-GAAP |
| YoY | +2.9% | -7.3% | -2.2% | -74.2% | -70.1% |
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 | 258,000 | 27,000 | 25,000 | 16,000 | 62.2 | 20 | May 14, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 259,587 | 31,308 | 29,549 | 19,887 | 76.4 | 20 | Nov 13, 2025 | J-GAAP |
| Revision Rate | +0.6% | +16.0% | +18.2% | +24.3% | +22.9% |
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 | 648,862 | 258,946 | 257,435 | 181,171 | 632.9 | 25 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 251,413 | 8,692 | 6,451 | 6,113 | 24.0 | 20 | Nov 13, 2025 | J-GAAP |
| YoY | -61.3% | -96.6% | -97.5% | -96.6% | -96.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 477,598 | 47,711 | 43,000 | 26,990 | 89.7 | 25 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 901,131 | 292,735 | 287,639 | 258,182 | 902.0 | 40 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 511,000 | 40,000 | 36,000 | 26,000 | 102.2 | 40 | May 14, 2025 | J-GAAP |
| YoY | -43.3% | -86.3% | -87.5% | -89.9% | -88.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 126,857 | 13,830 | 10,626 | 61,496 | 204.4 | 10.9 | Nov 7, 2024 | J-GAAP |
| Oct - Dec, 2024 | 128,813 | 16,640 | 17,252 | 14,347 | 49.1 | 12.9 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 520,049 | 242,306 | 240,183 | 166,824 | 582.8 | 46.6 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 132,399 | 18,437 | 17,256 | 13,462 | 51.4 | 13.9 | Aug 1, 2025 | J-GAAP |
| Jul - Sep, 2025 | 127,188 | 12,871 | 12,293 | 6,425 | 24.7 | 10.1 | Nov 13, 2025 | J-GAAP |
| YoY | +0.3% | -6.9% | +15.7% | -89.6% | -87.9% |
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