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Global Security Experts, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 39%, Oct-Dec Ordinary Profit Increases by 40%
4417 Global Security Experts Inc. 【J-GAAP】
Earnings ReportGlobal Security Experts Inc. <4417> [TSE Growth] announced its financial results after the market closed on January 30th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 1.52 billion yen, an increase 38.5% compared to the same period last year. However, Progress toward the full-year plan of 2.18 billion yen was 70.1%, also falling below the four-year average of 75.8%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to expand 42.3% from the same period last year, reaching 0.65 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 39.8% from the same period last year, reaching 0.62 billion yen. The operating profit margin rose from 20.1% in the same period last year to 21.7%.
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 | 5,032 | 856 | 848 | 563 | 37.8 | 76.8 | Jan 30, 2024 | J-GAAP |
| Apr - Dec, 2024 | 6,289 | 1,167 | 1,103 | 716 | 47.7 | 70.6 | Jan 30, 2025 | J-GAAP |
| Apr - Dec, 2025 | 7,807 | 1,578 | 1,528 | 998 | 66.4 | 70.1 | Jan 30, 2026 | J-GAAP |
| YoY | +24.1% | +35.2% | +38.5% | +39.4% | +39.3% |
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 | 4,794 | 906 | 904 | 588 | 39.2 | 10.43 | Apr 30, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 6,040 | 1,240 | 1,275 | 833 | 55.4 | 16.37 | Oct 30, 2025 | J-GAAP |
| YoY | +26.0% | +36.9% | +41.0% | +41.7% | +41.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 7,002 | 1,113 | 1,104 | 783 | 52.4 | 13.11 | Apr 26, 2024 | J-GAAP |
| Mar, 2025 | 8,801 | 1,615 | 1,562 | 1,010 | 67.2 | 20.86 | Apr 30, 2025 | J-GAAP |
| Mar, 2026 Guidance | 11,000 | 2,200 | 2,181 | 1,417 | 94.2 | 32.73 | Jul 11, 2025 | J-GAAP |
| YoY | +25.0% | +36.2% | +39.6% | +40.3% | +40.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 2,282 | 458 | 445 | 294 | 19.6 | 20.1 | Jan 30, 2025 | J-GAAP |
| Jan - Mar, 2025 | 2,512 | 448 | 459 | 294 | 19.6 | 17.8 | Apr 30, 2025 | J-GAAP |
| Apr - Jun, 2025 | 2,237 | 352 | 319 | 200 | 13.3 | 15.7 | Jul 30, 2025 | J-GAAP |
| Jul - Sep, 2025 | 2,723 | 608 | 587 | 384 | 25.6 | 22.3 | Oct 30, 2025 | J-GAAP |
| Oct - Dec, 2025 | 2,847 | 618 | 622 | 414 | 27.6 | 21.7 | Jan 30, 2026 | J-GAAP |
| YoY | +24.8% | +34.9% | +39.8% | +40.8% | +40.8% |
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