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MICREED, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 4%, Raises Record High Profit Forecast, Dividend Revised Upward by 0.3 Yen

Thu Oct 30, 2025 4:00 pm JST Earnings

7687 MICREED Co.,Ltd. 【J-GAAP】

Earnings Report

MICREED Co.,Ltd. <7687> [TSE Growth] announced its financial results after the market closed on October 30th (16:00). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 26.2% from the same period last year, reaching 241 million yen.

In addition, the full-year forecast for ordinary profit has been revised upward 3.9%, from the previous forecast of 385 million yen to 400 million yen (compared to 373 million yen in the previous period), increasing the growth rate from 3.2% to 7.2%, 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 ordinary profit for the October to March period (second half) is expected to decrease 12.6% from the same period last year to 159 million 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 8.1 yen to 8.4 yen (compared to 7.9 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the ordinary profit grew 25.0% from the same period last year, reaching 125 million yen. The operating profit margin improved from 5.8% in the same period last year to 6.3%.

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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 2,903 168 169 110 16.9 52.5 Oct 31, 2023 J-GAAP
Apr - Sep, 2024 3,312 190 191 124 18.9 51.2 Oct 31, 2024 J-GAAP
Apr - Sep, 2025 3,758 239 241 157 23.9 60.3 Oct 30, 2025 J-GAAP
YoY +13.5% +25.8% +26.2% +26.6% +26.3%

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 ー ー ー ー － 4 May 15, 2025 J-GAAP
Apr - Sep, 2025 Results 3,758 239 241 157 23.9 4.20 Oct 30, 2025 J-GAAP
Revision Rate － － － － －

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 7,400 385 385 265 40.1 8.10 May 15, 2025 J-GAAP
Mar, 2026 New 7,500 400 400 275 41.6 8.40 Oct 30, 2025 J-GAAP
Revision Rate +1.4% +3.9% +3.9% +3.8% +3.8%

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 3,464 182 182 134 20.3 4.10 May 15, 2025 J-GAAP
Oct - Mar, 2025 Guidance 3,742 161 159 118 17.8 4.20 Oct 30, 2025 J-GAAP
YoY +8.0% -11.5% -12.6% -11.9% -12.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 5,936 322 322 222 33.9 6.77 May 15, 2024 J-GAAP
Mar, 2025 6,776 372 373 258 39.2 7.90 May 15, 2025 J-GAAP
Mar, 2026 Guidance 7,500 400 400 275 41.6 8.40 Oct 30, 2025 J-GAAP
YoY +10.7% +7.5% +7.2% +6.6% +6.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 1,718 100 100 65 9.9 5.8 Oct 31, 2024 J-GAAP
Oct - Dec, 2024 1,837 160 159 105 16.0 8.7 Jan 30, 2025 J-GAAP
Jan - Mar, 2025 1,627 22 23 29 4.4 1.4 May 15, 2025 J-GAAP
Apr - Jun, 2025 1,807 116 116 76 11.6 6.4 Jul 31, 2025 J-GAAP
Jul - Sep, 2025 1,951 123 125 81 12.4 6.3 Oct 30, 2025 J-GAAP
YoY +13.6% +23.0% +25.0% +24.6% +24.4%

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