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Vega, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 15%, Dividend Revised Upward by 3 Yen
3542 Vega corporation Co.,Ltd. 【J-GAAP】
Earnings ReportVega corporation Co.,Ltd. <3542> [TSE Growth] announced its financial results after the market closed on January 30th (15:30). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 0.78 billion yen, an increase 53.5% compared to the same period last year.
In addition, the full-year forecast for ordinary profit has been revised upward 14.5%, from the previous forecast of 1.10 billion yen to 1.26 billion yen (compared to 0.93 billion yen in the previous period), increasing the growth rate from 17.3% to 34.3%.
Based on the full-year plan announced by the company after the upward revision, our estimate of the ordinary profit for the October to March period (second half) is expected to increase 24.7%, from the previous forecast of 0.64 billion yen to 0.80 billion yen (compared to 0.64 billion yen in the same period of the previous year), increasing the growth rate from 1.4% to 26.4%.
In light of the strong performance, the company has increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 12 yen to 15 yen (compared to 11 yen in the previous period).
In the most recent three-month period, from October to December (3Q), the ordinary profit increased 56.5% from the same period last year, reaching 0.33 billion yen. The operating profit margin improved from 5.2% in the same period last year to 7.5%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 11,812 | 302 | 319 | 110 | 10.6 | 40.4 | Jan 31, 2024 | J-GAAP |
| Apr - Dec, 2024 | 11,237 | 507 | 512 | 327 | 31.7 | 54.6 | Jan 31, 2025 | J-GAAP |
| Apr - Dec, 2025 | 12,745 | 776 | 786 | 510 | 48.7 | 62.4 | Jan 30, 2026 | J-GAAP |
| YoY | +13.4% | +53.1% | +53.5% | +56.0% | +53.8% |
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2025 Prev | 9,211 | 657 | 649 | 365 | 34.4 | 12 | Oct 31, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 9,711 | 807 | 809 | 461 | 43.4 | 15 | Jan 30, 2026 | J-GAAP |
| Revision Rate | +5.4% | +22.8% | +24.7% | +26.3% | +26.3% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 17,500 | 1,100 | 1,100 | 660 | 62.2 | 12 | May 15, 2025 | J-GAAP |
| Mar, 2026 New | 18,000 | 1,250 | 1,260 | 756 | 71.2 | 15 | Jan 30, 2026 | J-GAAP |
| Revision Rate | +2.9% | +13.6% | +14.5% | +14.5% | +14.5% |
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 | 8,812 | 632 | 640 | 400 | 38.7 | 11 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 9,711 | 807 | 809 | 461 | 43.4 | 15 | Jan 30, 2026 | J-GAAP |
| YoY | +10.2% | +27.7% | +26.4% | +15.3% | +12.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 16,063 | 771 | 790 | 394 | 37.8 | 10 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 15,935 | 926 | 938 | 591 | 57.2 | 11 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 18,000 | 1,250 | 1,260 | 756 | 71.2 | 15 | Jan 30, 2026 | J-GAAP |
| YoY | +13.0% | +35.0% | +34.3% | +27.9% | +24.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 4,114 | 213 | 214 | 136 | 13.2 | 5.2 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 4,698 | 419 | 426 | 264 | 25.6 | 8.9 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 4,351 | 264 | 267 | 178 | 17.3 | 6.1 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 3,938 | 179 | 184 | 117 | 11.3 | 4.5 | Oct 31, 2025 | J-GAAP |
| Oct - Dec, 2025 | 4,456 | 333 | 335 | 215 | 20.5 | 7.5 | Jan 30, 2026 | J-GAAP |
| YoY | +8.3% | +56.3% | +56.5% | +58.1% | +56.0% |
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