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ALPHA SYSTEMS, 8% Increase in Ordinary Profit, Update Record High for Fifth Consecutive Term
4719 ALPHA SYSTEMS INC. 【J-GAAP】
Earnings ReportALPHA SYSTEMS INC. <4719> [TSE Prime] announced its financial results after the market closed on May 12th (16:00). The ordinary profit (non-consolidated) for the fiscal year ending March 2025 increased 2.7% from the previous period to 4.54 billion yen. For the fiscal year ending March 2026, the ordinary profit is expected to grow by 7.9% to 4.9 billion yen, marking the fifth consecutive term of record-high profits. This will be the fourteenth consecutive term of revenue and the eleventh consecutive term of profit growth.
In the most recent three-month period, from January to March (4Q), the ordinary profit decreased to 0.88 billion yen, a 10.0% decrease compared to the same period last year. The operating profit margin decreased from 10.1% in the same period last year to 8.0%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 35,548 | 4,213 | 4,279 | 2,918 | 207.9 | 70 | May 12, 2023 | J-GAAP |
| Mar, 2024 | 36,383 | 4,348 | 4,422 | 3,045 | 216.9 | 100 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 38,484 | 4,422 | 4,540 | 3,211 | 228.8 | 125 | May 12, 2025 | J-GAAP |
| YoY | +5.8% | +1.7% | +2.7% | +5.5% | +5.5% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 Guidance | 37,500 | 4,400 | 4,480 | 3,050 | 217.3 | 125 | Feb 10, 2025 | J-GAAP |
| Mar, 2025 Results | 38,484 | 4,422 | 4,540 | 3,211 | 228.8 | 125 | May 12, 2025 | J-GAAP |
| Revision Rate | +2.6% | +0.5% | +1.3% | +5.3% | +5.3% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 18,139 | 2,110 | 2,171 | 1,475 | 105.1 | 50 | Nov 8, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 19,000 | 2,200 | 2,250 | 1,500 | 106.9 | 60 | May 12, 2025 | J-GAAP |
| YoY | +4.7% | +4.3% | +3.6% | +1.7% | +1.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 36,383 | 4,348 | 4,422 | 3,045 | 216.9 | 100 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 38,484 | 4,422 | 4,540 | 3,211 | 228.8 | 125 | May 12, 2025 | J-GAAP |
| Mar, 2026 Guidance | 40,000 | 4,800 | 4,900 | 3,300 | 235.1 | 125 | May 12, 2025 | J-GAAP |
| YoY | +3.9% | +8.5% | +7.9% | +2.8% | +2.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 9,544 | 967 | 987 | 710 | 50.6 | 10.1 | May 13, 2024 | J-GAAP |
| Apr - Jun, 2024 | 8,900 | 948 | 970 | 657 | 46.8 | 10.7 | Aug 5, 2024 | J-GAAP |
| Jul - Sep, 2024 | 9,239 | 1,162 | 1,201 | 818 | 58.3 | 12.6 | Nov 8, 2024 | J-GAAP |
| Oct - Dec, 2024 | 9,651 | 1,458 | 1,481 | 1,011 | 72.0 | 15.1 | Feb 10, 2025 | J-GAAP |
| Jan - Mar, 2025 | 10,694 | 854 | 888 | 725 | 51.7 | 8.0 | May 12, 2025 | J-GAAP |
| YoY | +12.0% | -11.7% | -10.0% | +2.1% | +2.1% |
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