Landix, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 11%, Raises Record High Profit Forecast

Landix Inc. <2981> [TSE Growth] announced its financial results after the market closed on November 11th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) surged 2.3 times that of the same period last year, reaching 1.87 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 10.9%, from the previous forecast of 2.30 billion yen to 2.55 billion yen (compared to 2.11 billion yen in the previous period), increasing the growth rate from 8.9% to 20.7%, further surpassing the previous forecast of record-high profits for two consecutive terms.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to drop 47.7% from the same period last year to 0.67 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 42 yen to 47 yen (compared to 78 yen before the 2-for-1 forward stock split in the previous period).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew 21.6% from the same period last year, reaching 0.88 billion yen. The operating profit margin rose from 13.4% in the same period last year to 15.3%.

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