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SHOWA SYSTEM ENGINEERING, First Half Ordinary Profit Increases by 11%, Jul-Sep Ordinary Profit Increases by 6%

Tue Nov 4, 2025 4:00 pm JST Earnings

4752 SHOWA SYSTEM ENGINEERING CORPORATION 【J-GAAP】

Earnings Report

SHOWA SYSTEM ENGINEERING CORPORATION <4752> [TSE Std] announced its financial results after the market closed on November 4th (16:00). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 11.2% from the same period last year, reaching 617 million yen. Progress toward the full-year plan of 983 million yen was 62.8%, also surpassing the five-year average of 57.3%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to March period (second half) is expected to decrease 10.1% from the same period last year to 366 million yen.

In the most recent three-month period, from July to September (2Q), the ordinary profit grew 6.3% from the same period last year, reaching 320 million yen. The operating profit margin rose from 14.4% in the same period last year to 15.0%.

Kabutan News

Actual Performance and Financial Trends

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
3,951M 599M 610M 420M 96.0 66.1% Nov 1, 2023 J-GAAP
Apr - Sep, 2024
4,032M 546M 555M 382M 88.2 57.7% Nov 1, 2024 J-GAAP
Apr - Sep, 2025
4,178M 606M 617M 429M 100.4 62.8% Nov 4, 2025 J-GAAP
YoY +3.6% +11.0% +11.2% +12.3% +13.7%
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 0 May 13, 2025 J-GAAP
Apr - Sep, 2025 Results 4,178M 606M 617M 429M 100.4 0 Nov 4, 2025 J-GAAP
Revision Rate

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
4,285M 402M 407M 332M 76.8 55 May 13, 2025 J-GAAP
Guidance
Oct - Mar, 2025
4,322M 363M 366M 239M 55.8 55 Nov 4, 2025 J-GAAP
YoY +0.9% -9.7% -10.1% -28.0% -27.3%
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Mar, 2024
7,960M 908M 923M 660M 151.2 50 May 13, 2024 J-GAAP
Mar, 2025
8,317M 948M 962M 714M 165.1 55 May 13, 2025 J-GAAP
Guidance
Mar, 2026
8,500M 969M 983M 668M 156.0 55 May 13, 2025 J-GAAP
YoY +2.2% +2.2% +2.2% -6.4% -5.5%

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Jul - Sep, 2024
2,074M 299M 301M 207M 47.8 14.4% Nov 1, 2024 J-GAAP
Oct - Dec, 2024
2,151M 224M 228M 153M 35.4 10.4% Feb 12, 2025 J-GAAP
Jan - Mar, 2025
2,134M 178M 179M 179M 41.4 8.3% May 13, 2025 J-GAAP
Apr - Jun, 2025
2,063M 288M 297M 209M 49.0 14.0% Aug 12, 2025 J-GAAP
Jul - Sep, 2025
2,115M 318M 320M 220M 51.5 15.0% Nov 4, 2025 J-GAAP
YoY +2.0% +6.4% +6.3% +6.3% +7.6%