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Nomura System, Ordinary Profit Forecast for Last Fiscal Year Revised Upward to an Unexpected 15% Increase, Raises Record High Profit, Dividend Revised Upward by 0.3 Yen
3940 Nomura System Corporation Co, Ltd. 【J-GAAP】
Guidance Update ReportNomura System Corporation Co, Ltd. <3940> [TSE Std] announced a revision to its performance and dividend in the afternoon session on February 6th (14:30). The ordinary profit (non-consolidated) forecast for the fiscal year ending December 2025 has been revised upward 42.2%, from the previous forecast of 417 million yen to 593 million yen (compared to 515 million yen in the previous period), record profits reach two consecutive terms, turning to a 15.1% increase in the ordinary profit outlook.
Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the July to December period (second half) ordinary profit is expected to increase 2.5 times, from the previous forecast of 120 million yen to 296 million yen (compared to 264 million yen in the same period of the previous year), turning to a 12.1% increase in the ordinary profit outlook.
In light of the strong performance, the company has increased its planned year-end lump-sum dividend for the last fiscal year from the original plan of 3.25 yen to 3.55 yen (compared to 3.25 yen in the previous period).
Kabutan News
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 | 1,772 | 120 | 120 | 82 | 1.8 | 3.25 | Aug 14, 2025 | J-GAAP |
| Jul - Dec, 2025 New | 1,621 | 289 | 296 | 201 | 4.4 | 3.55 | Feb 6, 2026 | J-GAAP |
| Revision Rate | -8.5% | +140.8% | +146.7% | +145.1% | +146.6% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2025 Prev | 3,472 | 417 | 417 | 285 | 6.2 | 3.25 | Feb 14, 2025 | J-GAAP |
| Dec, 2025 New | 3,321 | 586 | 593 | 404 | 8.8 | 3.55 | Feb 6, 2026 | J-GAAP |
| Revision Rate | -4.3% | +40.5% | +42.2% | +41.8% | +42.9% |
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 | 1,697 | 265 | 264 | 194 | 4.2 | 3.25 | Feb 14, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 1,621 | 289 | 296 | 201 | 4.4 | 3.55 | Feb 6, 2026 | J-GAAP |
| YoY | -4.5% | +9.1% | +12.1% | +3.6% | +4.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 2,946 | 464 | 466 | 360 | 7.8 | 3.25 | Feb 14, 2024 | J-GAAP |
| Dec, 2024 | 3,275 | 515 | 515 | 366 | 8.0 | 3.25 | Feb 14, 2025 | J-GAAP |
| Dec, 2025 Guidance | 3,321 | 586 | 593 | 404 | 8.8 | 3.55 | Feb 6, 2026 | J-GAAP |
| YoY | +1.4% | +13.8% | +15.1% | +10.4% | +10.9% |
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