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ESLEAD, Jul-Sep (2Q) Ordinary Profit Increases by 2.7 times, Current Fiscal Year Dividend Revised Upward by 30 Yen
8877 ESLEAD CORPORATION 【J-GAAP】
Earnings ReportESLEAD CORPORATION <8877> [TSE Prime] announced its financial results in the afternoon session on October 31st (13:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) was 9.66 billion yen, a 2.4% decrease compared to the same period last year, resulting in a decrease in profits compared to the previous forecast of a 0.9% increase.
However, Progress toward the full-year plan of 16.0 billion yen was 60.4%, also surpassing the five-year average of 38.7%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to expand 64.9% from the same period last year, reaching 6.33 billion yen.
At the same time, the company has increased its planned annual dividend for the current fiscal year from the original plan of 210 yen to 240 yen (compared to 185 yen in the previous period).
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit surged 2.7 times that of the same period last year, reaching 4.59 billion yen. The operating profit margin jumped from 11.1% in the same period last year to 18.7%.
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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 |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 36,257 | 5,872 | 5,771 | 3,663 | 237.4 | 50.9 | Oct 26, 2023 | J-GAAP |
| Apr - Sep, 2024 | 57,385 | 10,173 | 9,909 | 6,399 | 414.8 | 72.1 | Oct 31, 2024 | J-GAAP |
| Apr - Sep, 2025 | 57,675 | 10,418 | 9,669 | 6,188 | 401.1 | 60.4 | Oct 31, 2025 | J-GAAP |
| YoY | +0.5% | +2.4% | -2.4% | -3.3% | -3.3% |
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 | 60,000 | 11,000 | 10,000 | 6,500 | 421.3 | 105 | May 9, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 57,675 | 10,418 | 9,669 | 6,188 | 401.1 | 105 | Oct 31, 2025 | J-GAAP |
| Revision Rate | -3.9% | -5.3% | -3.3% | -4.8% | -4.8% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 110,000 | 18,000 | 16,000 | 10,700 | 693.5 | 210 | May 9, 2025 | J-GAAP |
| Mar, 2026 New | 110,000 | 18,000 | 16,000 | 10,700 | 693.5 | 240 | Oct 31, 2025 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
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 | 37,380 | 4,375 | 3,839 | 2,931 | 190.0 | 100 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 52,325 | 7,582 | 6,331 | 4,512 | 292.4 | 135 | Oct 31, 2025 | J-GAAP |
| YoY | +40.0% | +73.3% | +64.9% | +53.9% | +53.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 80,286 | 11,631 | 11,346 | 7,518 | 487.3 | 150 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 94,765 | 14,548 | 13,748 | 9,330 | 604.7 | 185 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 110,000 | 18,000 | 16,000 | 10,700 | 693.5 | 240 | Oct 31, 2025 | J-GAAP |
| YoY | +16.1% | +23.7% | +16.4% | +14.7% | +14.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 16,400 | 1,825 | 1,683 | 1,311 | 85.0 | 11.1 | Oct 31, 2024 | J-GAAP |
| Oct - Dec, 2024 | 17,282 | 2,429 | 2,253 | 1,382 | 89.6 | 14.1 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 20,098 | 1,946 | 1,586 | 1,549 | 100.4 | 9.7 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 30,714 | 5,389 | 5,077 | 3,009 | 195.0 | 17.5 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 26,961 | 5,029 | 4,592 | 3,179 | 206.1 | 18.7 | Oct 31, 2025 | J-GAAP |
| YoY | +64.4% | +175.6% | +172.8% | +142.5% | +142.5% |
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