HIGASHI TWENTY ONE, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 10%, Raises Record High Profit Forecast, Dividend Revised Upward by 4 Yen

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Fri Oct 24, 2025 3:30 pm JST Earnings

9029 HIGASHI HOLDINGS CO.,LTD. 【J-GAAP】

Earnings Report

HIGASHI HOLDINGS CO.,LTD. <9029> [TSE Std] announced its financial results after the market closed on October 24th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) expanded 1.92 billion yen, an increase 65.3% compared to the same period last year, exceeded the previous forecast of 1.49 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 9.7%, from the previous forecast of 3.10 billion yen to 3.40 billion yen (compared to 2.93 billion yen in the previous period), increasing the growth rate from 5.6% to 15.8%, further surpassing the previous forecast of record-high profits for nine consecutive terms.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to decrease 16.8% from the same period last year to 1.47 billion yen.

In light of the strong performance, the company has increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 46 yen to 50 yen (compared to 42 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased 80.7% from the same period last year, reaching 1.08 billion yen. The operating profit margin improved from 5.2% in the same period last year to 7.6%.

Kabutan News

Actual Results

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	19,530	1,131	1,206	742	56.5	52.2	Oct 27, 2023	J-GAAP
Apr - Sep, 2024	21,976	1,104	1,167	689	52.2	39.8	Oct 25, 2024	J-GAAP
Apr - Sep, 2025	26,799	1,858	1,929	1,223	93.8	56.7	Oct 24, 2025	J-GAAP
YoY	+21.9%	+68.3%	+65.3%	+77.5%	+79.5%

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	24,500	1,427	1,490	960	73.4	0	May 9, 2025	J-GAAP
Apr - Sep, 2025 Results	26,799	1,858	1,929	1,223	93.8	0	Oct 24, 2025	J-GAAP
Revision Rate	+9.4%	+30.2%	+29.5%	+27.4%	+27.7%

Guidance Update

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2026 Prev	51,000	2,956	3,100	2,000	153.0	46	May 9, 2025	J-GAAP
Mar, 2026 New	54,000	3,256	3,400	2,176	166.4	50	Oct 24, 2025	J-GAAP
Revision Rate	+5.9%	+10.1%	+9.7%	+8.8%	+8.8%

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	26,150	1,635	1,768	1,116	84.6	42	May 9, 2025	J-GAAP
Oct - Mar, 2025 Guidance	27,201	1,398	1,471	953	72.9	50	Oct 24, 2025	J-GAAP
YoY	+4.0%	-14.5%	-16.8%	-14.6%	-13.8%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2024	40,635	2,190	2,309	1,506	114.5	36	May 10, 2024	J-GAAP
Mar, 2025	48,126	2,739	2,935	1,805	136.8	42	May 9, 2025	J-GAAP
Mar, 2026 Guidance	54,000	3,256	3,400	2,176	166.4	50	Oct 24, 2025	J-GAAP
YoY	+12.2%	+18.9%	+15.8%	+20.6%	+21.7%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2024	10,936	568	600	387	29.3	5.2	Oct 25, 2024	J-GAAP
Oct - Dec, 2024	12,711	853	896	607	46.0	6.7	Jan 24, 2025	J-GAAP
Jan - Mar, 2025	13,439	782	872	509	38.6	5.8	May 9, 2025	J-GAAP
Apr - Jun, 2025	12,956	810	845	506	38.9	6.3	Jul 25, 2025	J-GAAP
Jul - Sep, 2025	13,843	1,048	1,084	717	55.0	7.6	Oct 24, 2025	J-GAAP
YoY	+26.6%	+84.5%	+80.7%	+85.3%	+87.4%