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DYNIC, Net Income Forecast for the Fiscal Year Revised Upward by 50%, Exceeded Record Profit Forecast
3551 DYNIC CORPORATION 【J-GAAP】
Earnings ReportDYNIC CORPORATION <3551> [TSE Std] announced its financial results after the market closed on February 10th (17:00). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 2.23 billion yen, an increase 63.6% compared to the same period last year.
In addition, the full-year forecast for consolidated net income has been revised upward 50.0%, from the previous forecast of 1.60 billion yen to 2.40 billion yen (compared to 1.31 billion yen in the previous period), increasing the growth rate from 21.7% to 82.5%. The company has further increased its previous forecast of record profits for the first time in twenty years.
Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated net income for the October to March period (second half) is expected to increase 2.7 times, from the previous forecast of 0.47 billion yen to 1.27 billion yen (compared to 0.53 billion yen in the same period of the previous year), turning to a 2.4 times increase in the consolidated net income outlook.
In the most recent three-month period, from October to December (3Q), the consolidated net income increased 91.2% from the same period last year, reaching 1.11 billion yen. The operating profit margin remained almost flat, changing from 6.6% in the same period last year to 6.7%.
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 | 31,427 | 898 | 1,170 | 786 | 94.0 | 78.6 | Feb 13, 2024 | J-GAAP |
| Apr - Dec, 2024 | 32,912 | 1,688 | 1,841 | 1,367 | 163.4 | 82.1 | Feb 12, 2025 | J-GAAP |
| Apr - Dec, 2025 | 33,170 | 1,817 | 1,939 | 2,236 | 270.8 | 80.8 | Feb 10, 2026 | J-GAAP |
| YoY | +0.8% | +7.6% | +5.3% | +63.6% | +65.7% |
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 | 23,971 | 1,233 | 1,300 | 477 | 58.2 | 35 | Nov 13, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 23,971 | 1,233 | 1,300 | 1,277 | 155.8 | 35 | Feb 10, 2026 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | +167.7% | +167.7% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 46,000 | 2,300 | 2,400 | 1,600 | 195.2 | 35 | May 15, 2025 | J-GAAP |
| Mar, 2026 New | 46,000 | 2,300 | 2,400 | 2,400 | 292.8 | 35 | Feb 10, 2026 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | +50.0% | +50.0% |
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 | 22,401 | 1,186 | 1,194 | 530 | 63.4 | 30 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 23,971 | 1,233 | 1,300 | 1,277 | 155.8 | 35 | Feb 10, 2026 | J-GAAP |
| YoY | +7.0% | +4.0% | +8.9% | +140.9% | +145.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 42,101 | 1,238 | 1,488 | 848 | 101.3 | 25 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 44,073 | 2,136 | 2,242 | 1,315 | 157.3 | 30 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 46,000 | 2,300 | 2,400 | 2,400 | 292.8 | 35 | Feb 10, 2026 | J-GAAP |
| YoY | +4.4% | +7.7% | +7.0% | +82.5% | +86.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 11,240 | 738 | 793 | 582 | 69.6 | 6.6 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 11,161 | 448 | 401 | -52 | -6.2 | 4.0 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 11,087 | 658 | 705 | 525 | 62.9 | 5.9 | Aug 12, 2025 | J-GAAP |
| Jul - Sep, 2025 | 10,942 | 409 | 395 | 598 | 72.2 | 3.7 | Nov 13, 2025 | J-GAAP |
| Oct - Dec, 2025 | 11,141 | 750 | 839 | 1,113 | 134.8 | 6.7 | Feb 10, 2026 | J-GAAP |
| YoY | -0.9% | +1.6% | +5.8% | +91.2% | +93.7% |
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