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DKS, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 16%, Raises Record High Profit Forecast, Dividend Revised Upward by 20 Yen

Thu Oct 30, 2025 2:00 pm JST Earnings

4461 DKS Co. Ltd. 【J-GAAP】

Earnings Report

DKS Co. Ltd. <4461> [TSE Prime] announced its financial results in the afternoon session on October 30th (14:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) expanded 3.60 billion yen, an increase 39.7% compared to the same period last year.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 16.2%, from the previous forecast of 6.80 billion yen to 7.90 billion yen (compared to 5.73 billion yen in the previous period), increasing the growth rate from 18.5% to 37.7%, further surpassing the previous forecast of record-high profits for two 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 October to March period (second half) is expected to expand 36.1% from the same period last year, reaching 4.29 billion yen.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 120 yen to 140 yen (compared to 100 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased 38.2% from the same period last year, reaching 1.91 billion yen. The operating profit margin significantly improved from 7.9% in the same period last year to 11.6%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 29,200 -449 -379 -478 -50.0 Oct 30, 2023 J-GAAP
Apr - Sep, 2024 35,431 2,474 2,579 1,256 131.3 45.0 Oct 30, 2024 J-GAAP
Apr - Sep, 2025 37,611 3,868 3,603 2,182 224.0 45.6 Oct 30, 2025 J-GAAP
YoY +6.2% +56.3% +39.7% +73.7% +70.6%

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 39,000 3,600 3,600 2,000 189.0 60 Jul 29, 2025 J-GAAP
Apr - Sep, 2025 Results 37,611 3,868 3,603 2,182 224.0 60 Oct 30, 2025 J-GAAP
Revision Rate -3.6% +7.4% +0.1% +9.1% +18.5%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 80,000 6,800 6,800 3,700 348.7 120 Jul 29, 2025 J-GAAP
Mar, 2026 New 80,000 8,200 7,900 4,500 424.1 140 Oct 30, 2025 J-GAAP
Revision Rate 0.0% +20.6% +16.2% +21.6% +21.6%

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 37,824 2,877 3,158 1,329 138.9 55 May 14, 2025 J-GAAP
Oct - Mar, 2025 Guidance 42,389 4,332 4,297 2,318 218.5 80 Oct 30, 2025 J-GAAP
YoY +12.1% +50.6% +36.1% +74.4% +57.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 63,118 2,077 2,060 1,174 122.8 65 May 14, 2024 J-GAAP
Mar, 2025 73,255 5,351 5,737 2,585 270.1 100 May 14, 2025 J-GAAP
Mar, 2026 Guidance 80,000 8,200 7,900 4,500 424.1 140 Oct 30, 2025 J-GAAP
YoY +9.2% +53.2% +37.7% +74.1% +57.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 17,900 1,416 1,385 648 67.7 7.9 Oct 30, 2024 J-GAAP
Oct - Dec, 2024 18,840 1,328 1,278 711 74.3 7.0 Jan 29, 2025 J-GAAP
Jan - Mar, 2025 18,984 1,549 1,880 618 64.6 8.2 May 14, 2025 J-GAAP
Apr - Jun, 2025 19,046 1,723 1,689 984 102.8 9.0 Jul 29, 2025 J-GAAP
Jul - Sep, 2025 18,565 2,145 1,914 1,198 123.0 11.6 Oct 30, 2025 J-GAAP
YoY +3.7% +51.5% +38.2% +84.9% +81.6%

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