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Maruhachi Warehouse, Jun-Aug (3Q) Ordinary Profit Increases by 9%
9313 Maruhachi Warehouse Company , Limited 【J-GAAP】
Earnings ReportMaruhachi Warehouse Company , Limited <9313> [TSE Std] announced its financial results in the afternoon session on October 10th (14:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending November 2025 (December 2024 to August 2025) decreased 11.6% from the same period last year to 425 million yen. However, Progress toward the full-year plan of 520 million yen was 81.7%, also surpassing the five-year average of 77.3%.
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 September to November period (4Q) is expected to drop 37.9% from the same period last year to 95 million yen.
In the most recent three-month period, from June to August (3Q), the consolidated ordinary profit grew 9.5% from the same period last year, reaching 185 million yen. The operating profit margin rose from 12.1% in the same period last year to 12.9%.
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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 |
|---|---|---|---|---|---|---|---|---|
| Dec - Aug, 2022 | 3,734 | 418 | 436 | 307 | 51.9 | 74.5 | Oct 6, 2023 | J-GAAP |
| Dec - Aug, 2023 | 3,721 | 464 | 481 | 318 | 53.8 | 75.9 | Oct 11, 2024 | J-GAAP |
| Dec - Aug, 2024 | 3,693 | 437 | 425 | 284 | 48.1 | 81.7 | Oct 10, 2025 | J-GAAP |
| YoY | -0.8% | -5.8% | -11.6% | -10.7% | -10.6% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun - Nov, 2024 | 2,511 | 305 | 322 | 696 | 117.6 | 20 | Jan 10, 2025 | J-GAAP |
| Jun - Nov, 2025 Guidance | 2,546 | 273 | 280 | 190 | 32.1 | 24 | Jul 11, 2025 | J-GAAP |
| YoY | +1.4% | -10.5% | -13.0% | -72.7% | -72.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Nov, 2023 | 4,972 | 574 | 585 | 412 | 69.6 | 16 | Jan 12, 2024 | J-GAAP |
| Nov, 2024 | 4,991 | 619 | 634 | 901 | 152.3 | 20 | Jan 10, 2025 | J-GAAP |
| Nov, 2025 Guidance | 5,000 | 550 | 520 | 350 | 59.1 | 24 | Jul 11, 2025 | J-GAAP |
| YoY | +0.2% | -11.1% | -18.0% | -61.2% | -61.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun - Aug, 2024 | 1,241 | 150 | 169 | 113 | 19.1 | 12.1 | Oct 11, 2024 | J-GAAP |
| Sep - Nov, 2024 | 1,270 | 155 | 153 | 583 | 98.5 | 12.2 | Jan 10, 2025 | J-GAAP |
| Dec - Feb, 2024 | 1,211 | 144 | 151 | 101 | 17.2 | 11.9 | Apr 11, 2025 | J-GAAP |
| Mar - May, 2025 | 1,243 | 133 | 89 | 59 | 10.0 | 10.7 | Jul 11, 2025 | J-GAAP |
| Jun - Aug, 2025 | 1,239 | 160 | 185 | 124 | 21.0 | 12.9 | Oct 10, 2025 | J-GAAP |
| YoY | -0.2% | +6.7% | +9.5% | +9.7% | +9.9% |
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