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SPACE, 3% Increase in Ordinary Profit, Update Record High for Second Consecutive Term
9622 SPACE CO.,LTD. 【J-GAAP】
Earnings ReportSPACE CO.,LTD. <9622> [TSE Prime] announced its financial results after the market closed on February 12th (15:30). The consolidated ordinary profit for the fiscal year ended December 2025 expanded to 38.1% from the previous period to 4.87 billion yen. For the fiscal year ending December 2026, the consolidated ordinary profit is expected to grow by 3.3% to 5.04 billion yen, marking the second consecutive term of record-high profits. This will be the sixth consecutive term of revenue and the fourth consecutive term of profit growth.
At the same time, the company increased the annual dividend for the previous term from 70 yen to 78 yen (compared to 54 yen in the prior term). For the current term, the company plans to remove the special dividend of the previous term and set the dividend for this term at an ordinary dividend of 72 yen.
In the most recent three-month period, from October to December (4Q), the consolidated ordinary profit increased 59.4% from the same period last year, reaching 1.34 billion yen. The operating profit margin improved from 4.6% in the same period last year to 6.5%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 52,793 | 2,574 | 2,616 | 1,685 | 68.8 | 40 | Feb 13, 2024 | J-GAAP |
| Dec, 2024 | 64,189 | 3,464 | 3,533 | 2,545 | 103.9 | 54 | Feb 13, 2025 | J-GAAP |
| Dec, 2025 | 71,511 | 4,830 | 4,879 | 3,770 | 153.8 | 78 | Feb 12, 2026 | J-GAAP |
| YoY | +11.4% | +39.4% | +38.1% | +48.1% | +48.0% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2025 Guidance | 71,500 | 4,400 | 4,420 | 3,200 | 130.4 | 70 | Dec 12, 2025 | J-GAAP |
| Dec, 2025 Results | 71,511 | 4,830 | 4,879 | 3,770 | 153.8 | 78 | Feb 12, 2026 | J-GAAP |
| Revision Rate | +0.0% | +9.8% | +10.4% | +17.8% | +17.9% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 | 33,870 | 2,672 | 2,686 | 1,787 | 72.9 | 27 | Aug 7, 2025 | J-GAAP |
| Jan - Jun, 2026 Guidance | 35,600 | 2,500 | 2,500 | 1,600 | 65.2 | 36 | Feb 12, 2026 | J-GAAP |
| YoY | +5.1% | -6.4% | -6.9% | -10.5% | -10.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2024 | 64,189 | 3,464 | 3,533 | 2,545 | 103.9 | 54 | Feb 13, 2025 | J-GAAP |
| Dec, 2025 | 71,511 | 4,830 | 4,879 | 3,770 | 153.8 | 78 | Feb 12, 2026 | J-GAAP |
| Dec, 2026 Guidance | 72,000 | 5,040 | 5,040 | 3,300 | 134.5 | 72 | Feb 12, 2026 | J-GAAP |
| YoY | +0.7% | +4.3% | +3.3% | -12.5% | -12.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 17,508 | 802 | 842 | 713 | 29.1 | 4.6 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 17,860 | 1,706 | 1,710 | 1,125 | 45.9 | 9.6 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 16,010 | 966 | 976 | 662 | 27.0 | 6.0 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 17,192 | 839 | 851 | 680 | 27.7 | 4.9 | Nov 12, 2025 | J-GAAP |
| Oct - Dec, 2025 | 20,449 | 1,319 | 1,342 | 1,303 | 53.1 | 6.5 | Feb 12, 2026 | J-GAAP |
| YoY | +16.8% | +64.5% | +59.4% | +82.7% | +82.5% |
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