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DMS, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 14%
9782 DMS INC. 【J-GAAP】
Earnings ReportDMS INC. <9782> [TSE Std] announced its financial results after the market closed on October 27th (15:30). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 8.7% from the same period last year, reaching 0.56 billion yen, resulting in an increase in profits compared to the previous forecast of a 24.4% decrease.
In addition, the full-year forecast for ordinary profit has been revised upward 13.7%, from the previous forecast of 1.25 billion yen to 1.42 billion yen (compared to 1.24 billion yen in the previous period), increasing the growth rate from 0.3% to 14.0%.
Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the ordinary profit for the October to March period (second half) is expected to grow 17.8% from the same period last year, reaching 0.86 billion yen.
In the most recent three-month period, from July to September (2Q), the ordinary profit amounted to 0.30 billion yen, remained almost flat compared to the same period last year. However, the operating profit margin worsened from 4.5% in the same period last year to 4.2%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 13,431 | 793 | 812 | 561 | 95.6 | 57.6 | Oct 26, 2023 | J-GAAP |
| Apr - Sep, 2024 | 12,477 | 485 | 516 | 352 | 61.7 | 41.4 | Oct 24, 2024 | J-GAAP |
| Apr - Sep, 2025 | 13,858 | 529 | 561 | 396 | 71.8 | 39.5 | Oct 27, 2025 | J-GAAP |
| YoY | +11.1% | +9.1% | +8.7% | +12.5% | +16.4% |
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 | 12,500 | 370 | 390 | 265 | 48.8 | 110 | May 15, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 13,858 | 529 | 561 | 396 | 71.8 | 110 | Oct 27, 2025 | J-GAAP |
| Revision Rate | +10.9% | +43.0% | +43.8% | +49.4% | +47.1% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 27,700 | 1,200 | 1,250 | 850 | 156.6 | 228 | May 15, 2025 | J-GAAP |
| Mar, 2026 New | 29,058 | 1,359 | 1,421 | 981 | 180.8 | 228 | Oct 27, 2025 | J-GAAP |
| Revision Rate | +4.9% | +13.3% | +13.7% | +15.4% | +15.4% |
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 | 15,078 | 705 | 730 | 489 | 86.6 | 205 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 15,200 | 830 | 860 | 585 | 107.8 | 118 | May 15, 2025 | J-GAAP |
| YoY | +0.8% | +17.7% | +17.8% | +19.6% | +24.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 26,903 | 1,370 | 1,409 | 1,519 | 260.6 | 79 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 27,555 | 1,190 | 1,246 | 841 | 148.9 | 242 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 29,058 | 1,359 | 1,421 | 981 | 180.8 | 228 | Oct 27, 2025 | J-GAAP |
| YoY | +5.5% | +14.2% | +14.0% | +16.6% | +21.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 6,541 | 293 | 305 | 208 | 36.5 | 4.5 | Oct 24, 2024 | J-GAAP |
| Oct - Dec, 2024 | 7,458 | 304 | 320 | 219 | 38.6 | 4.1 | Jan 28, 2025 | J-GAAP |
| Jan - Mar, 2025 | 7,620 | 401 | 410 | 270 | 47.8 | 5.3 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 6,804 | 235 | 256 | 192 | 34.7 | 3.5 | Jul 28, 2025 | J-GAAP |
| Jul - Sep, 2025 | 7,054 | 294 | 305 | 204 | 37.0 | 4.2 | Oct 27, 2025 | J-GAAP |
| YoY | +7.8% | +0.3% | 0.0% | -1.9% | +1.5% |
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