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Bizmates, Ordinary Profit Forecast for the Fiscal Year Revised Downward to an Unexpected 26% Decrease, Dividend Effectively Reduced

Fri Nov 14, 2025 3:30 pm JST Earnings

9345 Bizmates, Inc. 【J-GAAP】

Earnings Report

Bizmates, Inc. <9345> [TSE Growth] announced its financial results after the market closed on November 14th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2025 (January to September) decreased 16.3% from the same period last year to 200 million yen.

In addition, the full-year forecast for consolidated ordinary profit has decreased 41.6%, from the previous forecast of 428 million yen to 250 million yen (compared to 340 million yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 26.5% decrease in profit.

Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated ordinary profit for the July to December period (second half) has decreased 54.9%, from the previous forecast of 324 million yen to 146 million yen (compared to 203 million yen in the same period of the previous year). This changes the outlook from an anticipated profit increase to a projection of a 28.1% decrease in profit.

At the same time, due to a planned 2-for-1 forward stock split is scheduled for September 30, the year-end lump-sum dividend for the current fiscal year has been revised from the original plan of 20 yen to 15 yen (equivalent to 30 yen before the forward stock split) This effectively represents a -25.0% reduced in the annual dividend.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit decreased to 96 million yen, a 5.9% decrease compared to the same period last year. The operating profit margin decreased from 11.6% in the same period last year to 10.9%.

Kabutan News

Actual Performance and Financial Trends

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Progress Rate
vs. First Half
Announce Accounting
Standards
Jan - Sep, 2023
2,315M 221M 196M 124M 41.0 61.6 Nov 14, 2023 J-GAAP
Jan - Sep, 2024
2,561M 266M 239M 151M 47.6 70.3 Nov 14, 2024 J-GAAP
Jan - Sep, 2025
2,612M 209M 200M 136M 42.2 80.0 Nov 14, 2025 J-GAAP
YoY +2.0% -21.4% -16.3% -9.9% -11.4%

Guidance Update

Second Half Update
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Jul - Dec, 2025 Prev 2,089M 323M 324M 198M 61.0 20 Aug 14, 2025 J-GAAP
Jul - Dec, 2025 New 1,769M 148M 146M 95M 29.3 15 Nov 14, 2025 J-GAAP
Revision Rate -15.3% -54.2% -54.9% -52.0% -52.0%
Full Year Update
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Dec, 2025 Prev 3,817M 436M 428M 268M 82.5 20 Aug 14, 2025 J-GAAP
Dec, 2025 New 3,497M 261M 250M 165M 50.8 15 Nov 14, 2025 J-GAAP
Revision Rate -8.4% -40.1% -41.6% -38.4% -38.4%

Current Period Guidance

Second Half Results
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Jul - Dec, 2024
1,810M 216M 203M 142M 44.7 15 Feb 14, 2025 J-GAAP
Guidance
Jul - Dec, 2025
1,769M 148M 146M 95M 29.3 15 Nov 14, 2025 J-GAAP
YoY -2.3% -31.5% -28.1% -33.1% -34.6%
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Dec, 2023
3,135M 348M 318M 199M 65.1 0 Feb 14, 2024 J-GAAP
Dec, 2024
3,474M 378M 340M 229M 72.1 15 Feb 14, 2025 J-GAAP
Guidance
Dec, 2025
3,497M 261M 250M 165M 50.8 15 Nov 14, 2025 J-GAAP
YoY +0.7% -31.0% -26.5% -27.9% -29.6%

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Jul - Sep, 2024
897M 104M 102M 64M 20.2 11.6 Nov 14, 2024 J-GAAP
Oct - Dec, 2024
913M 112M 101M 78M 24.6 12.3 Feb 14, 2025 J-GAAP
Jan - Mar, 2025
876M 79M 75M 52M 16.4 9.0 May 15, 2025 J-GAAP
Apr - Jun, 2025
852M 34M 29M 18M 5.6 4.0 Aug 14, 2025 J-GAAP
Jul - Sep, 2025
884M 96M 96M 66M 20.5 10.9 Nov 14, 2025 J-GAAP
YoY -1.4% -7.7% -5.9% +3.1% +1.5%

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