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DOSHISHA, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 5%, Exceeded Record Profit Forecast
7483 DOSHISHA CO.,LTD. 【J-GAAP】
Earnings ReportDOSHISHA CO.,LTD. <7483> [TSE Prime] announced its financial results after the market closed on January 30th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 10.8 billion yen, an increase 37.9% compared to the same period last year.
In addition, the full-year forecast for consolidated ordinary profit has been revised upward 4.5%, from the previous forecast of 11.1 billion yen to 11.6 billion yen (compared to 9.34 billion yen in the previous period), increasing the growth rate from 18.7% to 24.1%. The company has further increased its previous forecast of record profits for the first time in five years.
Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) is expected to increase 10.4%, from the previous forecast of 4.78 billion yen to 5.28 billion yen (compared to 5.02 billion yen in the same period of the previous year), turning to a 5.2% increase in the consolidated ordinary profit outlook.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 27.9% from the same period last year, reaching 4.53 billion yen. The operating profit margin improved from 9.9% in the same period last year to 12.0%.
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 | 84,707 | 7,202 | 7,385 | 4,970 | 145.6 | 87.8 | Jan 31, 2024 | J-GAAP |
| Apr - Dec, 2024 | 89,785 | 7,663 | 7,870 | 5,324 | 154.4 | 84.2 | Jan 31, 2025 | J-GAAP |
| Apr - Dec, 2025 | 95,644 | 10,559 | 10,850 | 7,439 | 210.5 | 93.5 | Jan 30, 2026 | J-GAAP |
| YoY | +6.5% | +37.8% | +37.9% | +39.7% | +36.3% |
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 | 61,018 | 4,657 | 4,789 | 3,291 | 92.6 | 50 | Oct 31, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 61,018 | 5,157 | 5,289 | 3,691 | 103.9 | 50 | Jan 30, 2026 | J-GAAP |
| Revision Rate | 0.0% | +10.7% | +10.4% | +12.2% | +12.2% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 120,000 | 10,800 | 11,100 | 7,600 | 213.9 | 100 | Oct 31, 2025 | J-GAAP |
| Mar, 2026 New | 120,000 | 11,300 | 11,600 | 8,000 | 225.1 | 100 | Jan 30, 2026 | J-GAAP |
| Revision Rate | 0.0% | +4.6% | +4.5% | +5.3% | +5.3% |
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 | 59,431 | 4,813 | 5,026 | 3,525 | 101.9 | 45 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 61,018 | 5,157 | 5,289 | 3,691 | 103.9 | 50 | Jan 30, 2026 | J-GAAP |
| YoY | +2.7% | +7.1% | +5.2% | +4.7% | +1.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 105,824 | 7,926 | 8,412 | 5,784 | 169.4 | 75 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 113,939 | 8,995 | 9,348 | 6,409 | 185.3 | 85 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 120,000 | 11,300 | 11,600 | 8,000 | 225.1 | 100 | Jan 30, 2026 | J-GAAP |
| YoY | +5.3% | +25.6% | +24.1% | +24.8% | +21.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 35,277 | 3,481 | 3,548 | 2,440 | 70.8 | 9.9 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 24,154 | 1,332 | 1,478 | 1,085 | 31.4 | 5.5 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 29,990 | 3,389 | 3,471 | 2,371 | 67.4 | 11.3 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 28,992 | 2,754 | 2,840 | 1,938 | 54.9 | 9.5 | Oct 31, 2025 | J-GAAP |
| Oct - Dec, 2025 | 36,662 | 4,416 | 4,539 | 3,130 | 88.6 | 12.0 | Jan 30, 2026 | J-GAAP |
| YoY | +3.9% | +26.9% | +27.9% | +28.3% | +25.1% |
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