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GSI Creos, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 6%, Dividend Revised Upward by 2 Yen
8101 GSI Creos Corporation 【J-GAAP】
Earnings ReportGSI Creos Corporation <8101> [TSE Prime] announced its financial results in the afternoon session on February 9th (14:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 20.7% from the same period last year, reaching 2.95 billion yen.
In addition, the full-year forecast for consolidated ordinary profit has been revised upward 6.3%, from the previous forecast of 3.20 billion yen to 3.40 billion yen (compared to 2.54 billion yen in the previous period), increasing the growth rate from 25.6% to 33.4%.
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 16.9%, from the previous forecast of 1.18 billion yen to 1.38 billion yen (compared to 0.87 billion yen in the same period of the previous year), increasing the growth rate from 36.0% to 59.0%.
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 100 yen to 102 yen (compared to 97 yen in the previous period).
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 21.9% from the same period last year, reaching 0.94 billion yen. The operating profit margin remained almost flat, changing from 2.0% in the same period last year to 2.1%.
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 | 110,802 | 2,215 | 2,270 | 1,641 | 133.9 | 75.7 | Feb 2, 2024 | J-GAAP |
| Apr - Dec, 2024 | 119,298 | 2,613 | 2,451 | 1,772 | 144.4 | 96.2 | Feb 6, 2025 | J-GAAP |
| Apr - Dec, 2025 | 130,704 | 2,756 | 2,959 | 2,072 | 168.8 | 87.0 | Feb 9, 2026 | J-GAAP |
| YoY | +9.6% | +5.5% | +20.7% | +16.9% | +16.9% |
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 | 81,583 | 1,436 | 1,183 | 1,053 | 85.7 | 100 | Nov 10, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 87,583 | 1,536 | 1,383 | 1,153 | 93.9 | 102 | Feb 9, 2026 | J-GAAP |
| Revision Rate | +7.4% | +7.0% | +16.9% | +9.5% | +9.5% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 166,000 | 3,200 | 3,200 | 2,400 | 195.4 | 100 | May 15, 2025 | J-GAAP |
| Mar, 2026 New | 172,000 | 3,300 | 3,400 | 2,500 | 203.6 | 102 | Feb 9, 2026 | J-GAAP |
| Revision Rate | +3.6% | +3.1% | +6.3% | +4.2% | +4.2% |
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 | 85,889 | 1,145 | 870 | 1,121 | 91.4 | 97 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 87,583 | 1,536 | 1,383 | 1,153 | 93.9 | 102 | Feb 9, 2026 | J-GAAP |
| YoY | +2.0% | +34.1% | +59.0% | +2.9% | +2.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 146,194 | 2,881 | 2,999 | 2,019 | 164.6 | 83 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 165,541 | 2,950 | 2,548 | 2,358 | 192.2 | 97 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 172,000 | 3,300 | 3,400 | 2,500 | 203.6 | 102 | Feb 9, 2026 | J-GAAP |
| YoY | +3.9% | +11.9% | +33.4% | +6.0% | +5.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 39,646 | 808 | 773 | 535 | 43.6 | 2.0 | Feb 6, 2025 | J-GAAP |
| Jan - Mar, 2025 | 46,243 | 337 | 97 | 586 | 47.8 | 0.7 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 37,801 | 898 | 1,074 | 877 | 71.5 | 2.4 | Aug 12, 2025 | J-GAAP |
| Jul - Sep, 2025 | 46,616 | 866 | 943 | 470 | 38.3 | 1.9 | Nov 10, 2025 | J-GAAP |
| Oct - Dec, 2025 | 46,287 | 992 | 942 | 725 | 59.1 | 2.1 | Feb 9, 2026 | J-GAAP |
| YoY | +16.8% | +22.8% | +21.9% | +35.5% | +35.5% |
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