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Tokyo Century, Net Income Forecast for the Fiscal Year Revised Upward by 8%, Raises Record High Profit Forecast, Dividend Revised Upward by 4 Yen

Fri Nov 7, 2025 3:30 pm JST Earnings

8439 Tokyo Century Corporation 【J-GAAP】

Earnings Report

Tokyo Century Corporation <8439> [TSE Prime] announced its financial results after the market closed on November 7th (15:30). The consolidated net income for the cumulative second quarter of the fiscal year ending March 2026 (April to September) surged 2.2 times that of the same period last year, reaching 92.7 billion yen.

In addition, the full-year forecast for consolidated net income has been revised upward 7.5%, from the previous forecast of 93.0 billion yen to 100 billion yen (compared to 85.2 billion yen in the previous period), increasing the growth rate from 9.1% to 17.3%, 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 consolidated net income for the October to March period (second half) is expected to significant drop 82.9% from the same period last year to 7.20 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 68 yen to 72 yen (compared to 62 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the consolidated net income surged 3.5 times that of the same period last year, reaching 70.7 billion yen. The operating profit margin significantly improved from 6.6% in the same period last year to 10.8%.

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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 685,458 53,093 59,217 35,602 72.7 50.5 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 665,887 56,297 63,691 43,116 88.1 48.2 Nov 8, 2024 J-GAAP
Apr - Sep, 2025 693,280 72,519 77,233 92,799 190.0 ー Nov 7, 2025 J-GAAP
YoY +4.1% +28.8% +21.3% +115.2% +115.7%

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 ー ー ー ー － 34 May 14, 2025 J-GAAP
Apr - Sep, 2025 Results 693,280 72,519 77,233 92,799 190.0 36 Nov 7, 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 ー ー ー 93,000 190.3 68 May 14, 2025 J-GAAP
Mar, 2026 New ー ー ー 100,000 204.6 72 Nov 7, 2025 J-GAAP
Revision Rate － － － +7.5% +7.5%

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 702,748 60,763 68,581 42,163 86.3 33 May 14, 2025 J-GAAP
Oct - Mar, 2025 Guidance ー ー ー 7,201 14.7 36 Nov 7, 2025 J-GAAP
YoY － － － -82.9% -82.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 1,346,113 104,225 117,303 72,136 147.3 52 May 14, 2024 J-GAAP
Mar, 2025 1,368,635 117,060 132,272 85,279 174.5 62 May 14, 2025 J-GAAP
Mar, 2026 Guidance ー ー ー 100,000 204.6 72 Nov 7, 2025 J-GAAP
YoY － － － +17.3% +17.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 331,613 21,840 25,502 20,108 41.1 6.6 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 345,942 34,160 38,013 28,921 59.2 9.9 Feb 7, 2025 J-GAAP
Jan - Mar, 2025 356,806 26,603 30,568 13,242 27.1 7.5 May 14, 2025 J-GAAP
Apr - Jun, 2025 347,586 35,312 37,282 22,082 45.3 10.2 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 345,694 37,207 39,951 70,717 144.8 10.8 Nov 7, 2025 J-GAAP
YoY +4.2% +70.4% +56.7% +251.7% +252.5%

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