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COMPUTER ENGINEERING & CONSULTING, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 2%, Raises Record High Profit Forecast
9692 COMPUTER ENGINEERING & CONSULTING LTD. 【J-GAAP】
Earnings ReportCOMPUTER ENGINEERING & CONSULTING LTD. <9692> [TSE Prime] announced its financial results after the market closed on September 11th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending January 2026 (February to July) increased 7.6% from the same period last year, reaching 3.51 billion yen.
In addition, the full-year forecast for consolidated ordinary profit has been revised upward 2.1%, from the previous forecast of 6.82 billion yen to 6.96 billion yen (compared to 6.80 billion yen in the previous period), increasing the growth rate from 0.2% to 2.2%, further surpassing the previous forecast of record-high profits for three 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 August to January period (second half) is expected to decrease 2.7% from the same period last year to 3.44 billion yen.
In the most recent three-month period, from May to July (2Q), the consolidated ordinary profit grew 25.7% from the same period last year, reaching 1.69 billion yen. The operating profit margin remained almost flat, changing from 9.8% 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 |
|---|---|---|---|---|---|---|---|---|
| Feb - Jul, 2023 | 26,445 | 3,525 | 3,549 | 2,452 | 73.0 | 55.4 | Sep 8, 2023 | J-GAAP |
| Feb - Jul, 2024 | 27,570 | 3,250 | 3,268 | 2,213 | 66.0 | 48.0 | Sep 9, 2024 | J-GAAP |
| Feb - Jul, 2025 | 30,843 | 3,451 | 3,516 | 2,384 | 75.5 | 50.5 | Sep 11, 2025 | J-GAAP |
| YoY | +11.9% | +6.2% | +7.6% | +7.7% | +14.4% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb - Jul, 2025 Guidance | 29,300 | 3,270 | 3,280 | 2,220 | 71.2 | 30 | Mar 13, 2025 | J-GAAP |
| Feb - Jul, 2025 Results | 30,843 | 3,451 | 3,516 | 2,384 | 75.5 | 30 | Sep 11, 2025 | J-GAAP |
| Revision Rate | +5.3% | +5.5% | +7.2% | +7.4% | +6.1% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan, 2026 Prev | 60,500 | 6,780 | 6,820 | 4,900 | 157.0 | 65 | Mar 13, 2025 | J-GAAP |
| Jan, 2026 New | 62,000 | 6,900 | 6,960 | 5,000 | 160.2 | 65 | Sep 11, 2025 | J-GAAP |
| Revision Rate | +2.5% | +1.8% | +2.1% | +2.0% | +2.0% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Aug - Jan, 2024 | 28,638 | 3,446 | 3,539 | 1,827 | 55.4 | 30 | Mar 13, 2025 | J-GAAP |
| Aug - Jan, 2025 Guidance | 31,157 | 3,449 | 3,444 | 2,616 | 83.8 | 35 | Sep 11, 2025 | J-GAAP |
| YoY | +8.8% | +0.1% | -2.7% | +43.2% | +51.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan, 2024 | 53,124 | 6,361 | 6,409 | 4,541 | 135.2 | 55 | Mar 8, 2024 | J-GAAP |
| Jan, 2025 | 56,208 | 6,696 | 6,807 | 4,040 | 122.4 | 55 | Mar 13, 2025 | J-GAAP |
| Jan, 2026 Guidance | 62,000 | 6,900 | 6,960 | 5,000 | 160.2 | 65 | Sep 11, 2025 | J-GAAP |
| YoY | +10.3% | +3.0% | +2.2% | +23.8% | +30.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| May - Jul, 2024 | 13,521 | 1,331 | 1,344 | 902 | 26.9 | 9.8 | Sep 9, 2024 | J-GAAP |
| Aug - Oct, 2024 | 13,653 | 1,544 | 1,552 | 1,064 | 32.0 | 11.3 | Dec 9, 2024 | J-GAAP |
| Nov - Jan, 2024 | 14,985 | 1,902 | 1,987 | 763 | 23.1 | 12.7 | Mar 13, 2025 | J-GAAP |
| Feb - Apr, 2025 | 14,335 | 1,785 | 1,826 | 1,260 | 39.5 | 12.5 | Jun 11, 2025 | J-GAAP |
| May - Jul, 2025 | 16,508 | 1,666 | 1,690 | 1,124 | 35.6 | 10.1 | Sep 11, 2025 | J-GAAP |
| YoY | +22.1% | +25.2% | +25.7% | +24.6% | +32.3% |
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