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Fujii Sangyo, First Half Ordinary Profit Increases by 25%, Jul-Sep Ordinary Profit Increases by 20%
9906 Fujii Sangyo Corporation 【J-GAAP】
Earnings ReportFujii Sangyo Corporation <9906> [TSE Std] announced its financial results in the afternoon session on November 13th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 25.3% from the same period last year, reaching 3.05 billion yen. Progress toward the full-year plan of 5.70 billion yen was 53.6%, also surpassing the five-year average of 41.3%.
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 decrease 26.3% from the same period last year to 2.64 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew 19.9% from the same period last year, reaching 1.97 billion yen. The operating profit margin improved from 6.5% in the same period last year to 6.8%.
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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 | 40,985 | 2,125 | 2,412 | 1,537 | 181.7 | 43.2 | Nov 13, 2023 | J-GAAP |
| Apr - Sep, 2024 | 42,561 | 2,085 | 2,437 | 1,504 | 177.9 | 40.4 | Nov 13, 2024 | J-GAAP |
| Apr - Sep, 2025 | 48,346 | 2,704 | 3,053 | 2,284 | 270.2 | 53.6 | Nov 13, 2025 | J-GAAP |
| YoY | +13.6% | +29.7% | +25.3% | +51.9% | +51.8% |
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 | 48,300 | 2,700 | 3,050 | 2,280 | 269.6 | 50 | Nov 6, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 48,346 | 2,704 | 3,053 | 2,284 | 270.2 | 50 | Nov 13, 2025 | J-GAAP |
| Revision Rate | +0.1% | +0.1% | +0.1% | +0.2% | +0.2% |
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 | 53,539 | 3,275 | 3,591 | 2,619 | 309.8 | 105 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 53,654 | 2,596 | 2,647 | 1,416 | 167.4 | 80 | Nov 13, 2025 | J-GAAP |
| YoY | +0.2% | -20.7% | -26.3% | -45.9% | -45.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 91,059 | 4,966 | 5,585 | 3,657 | 432.3 | 100 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 96,100 | 5,360 | 6,028 | 4,123 | 487.7 | 130 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 102,000 | 5,300 | 5,700 | 3,700 | 437.5 | 130 | May 14, 2025 | J-GAAP |
| YoY | +6.1% | -1.1% | -5.4% | -10.3% | -10.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 23,181 | 1,509 | 1,647 | 1,069 | 126.5 | 6.5 | Nov 13, 2024 | J-GAAP |
| Oct - Dec, 2024 | 24,671 | 959 | 1,117 | 690 | 81.6 | 3.9 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 28,868 | 2,316 | 2,474 | 1,929 | 228.2 | 8.0 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 21,507 | 867 | 1,079 | 840 | 99.4 | 4.0 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 26,839 | 1,837 | 1,974 | 1,444 | 170.8 | 6.8 | Nov 13, 2025 | J-GAAP |
| YoY | +15.8% | +21.7% | +19.9% | +35.1% | +35.1% |
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