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CE Holdings, 5% Increase in Ordinary Profit, Update Record High for Second Consecutive Term
4320 CE Holdings Co.,Ltd. 【J-GAAP】
Earnings ReportCE Holdings Co.,Ltd. <4320> [TSE Std] announced its financial results after the market closed on November 7th (15:30). The consolidated ordinary profit for the fiscal year ended September 2025 increased by 23.6% from the previous period to 1.42 billion yen. For the fiscal year ending September 2026, the consolidated ordinary profit is expected to grow by 5.2% to 1.50 billion yen, marking the second consecutive term of record-high profits.
At the same time, the company increased the annual dividend for the previous term from 22 yen to 52 yen (compared to 18 yen in the prior term). For the current term, the company plans to remove the special dividend of the previous term and set the dividend for this term at an ordinary dividend of 24 yen.
In the most recent three-month period, from July to September (4Q), the consolidated ordinary profit dropped to 0.22 billion yen, a 49.8% decrease compared to the same period last year. The operating profit margin significantly dropped from 12.1% in the same period last year to 6.2%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep, 2023 | 13,632 | 1,254 | 1,257 | 687 | 45.9 | 14 | Nov 10, 2023 | J-GAAP |
| Sep, 2024 | 14,554 | 1,148 | 1,154 | 123 | 8.2 | 18 | Nov 8, 2024 | J-GAAP |
| Sep, 2025 | 15,831 | 1,411 | 1,426 | 1,557 | 98.9 | 52 | Nov 7, 2025 | J-GAAP |
| YoY | +8.8% | +22.9% | +23.6% | +1,165.9% | +1,107.0% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep, 2025 Guidance | 15,200 | 1,400 | 1,400 | 1,550 | 93.1 | 22 | Aug 8, 2025 | J-GAAP |
| Sep, 2025 Results | 15,831 | 1,411 | 1,426 | 1,557 | 98.9 | 52 | Nov 7, 2025 | J-GAAP |
| Revision Rate | +4.2% | +0.8% | +1.9% | +0.5% | +6.1% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 9,199 | 1,230 | 1,239 | 707 | 46.5 | 0 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 9,200 | 1,020 | 1,020 | 620 | 37.3 | 0 | Nov 7, 2025 | J-GAAP |
| YoY | +0.0% | -17.1% | -17.7% | -12.3% | -19.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep, 2024 | 14,554 | 1,148 | 1,154 | 123 | 8.2 | 18 | Nov 8, 2024 | J-GAAP |
| Sep, 2025 | 15,831 | 1,411 | 1,426 | 1,557 | 98.9 | 52 | Nov 7, 2025 | J-GAAP |
| Sep, 2026 Guidance | 15,000 | 1,500 | 1,500 | 870 | 52.3 | 24 | Nov 7, 2025 | J-GAAP |
| YoY | -5.2% | +6.3% | +5.2% | -44.1% | -47.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 3,636 | 441 | 440 | 291 | 19.4 | 12.1 | Nov 8, 2024 | J-GAAP |
| Oct - Dec, 2024 | 3,797 | 390 | 396 | 200 | 13.3 | 10.3 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 5,402 | 840 | 843 | 507 | 33.3 | 15.5 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 3,121 | -35 | -34 | -52 | -3.4 | -1.1 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 3,511 | 216 | 221 | 902 | 57.3 | 6.2 | Nov 7, 2025 | J-GAAP |
| YoY | -3.4% | -51.0% | -49.8% | +210.0% | +195.5% |
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