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Starts Publishing, 15% Increase in Ordinary Profit for The Current Fiscal Year, Dividend Raised by 10 Yen
7849 Starts Publishing Corporation 【J-GAAP】
Earnings ReportStarts Publishing Corporation <7849> [TSE Std] announced its financial results after the market closed on February 12th (16:00). The ordinary profit (non-consolidated) for the fiscal year ended December 2025 decreased by 23.1% from the previous period to 1.87 billion yen. For the fiscal year ending December 2026, the ordinary profit is expected to grow by 15.1% to 2.16 billion yen.
At the same time, the company has decided to increase the dividend this fiscal year to 130 yen, an increase of 10 yen from the previous fiscal year.
In the most recent three-month period, from October to December (4Q), the ordinary profit decreased to 0.66 billion yen, a 5.0% decrease compared to the same period last year. The operating profit margin decreased from 29.8% in the same period last year to 25.7%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 8,341 | 2,273 | 2,367 | 1,777 | 463.1 | 60 | Feb 13, 2024 | J-GAAP |
| Dec, 2024 | 8,581 | 2,338 | 2,441 | 1,826 | 475.7 | 110 | Feb 13, 2025 | J-GAAP |
| Dec, 2025 | 8,143 | 1,756 | 1,876 | 1,377 | 358.7 | 120 | Feb 12, 2026 | J-GAAP |
| YoY | -5.1% | -24.9% | -23.1% | -24.6% | -24.6% |
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 | 8,900 | 2,400 | 2,480 | 1,730 | 450.6 | 120 | Feb 13, 2025 | J-GAAP |
| Dec, 2025 Results | 8,143 | 1,756 | 1,876 | 1,377 | 358.7 | 120 | Feb 12, 2026 | J-GAAP |
| Revision Rate | -8.5% | -26.8% | -24.4% | -20.4% | -20.4% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 | 3,771 | 749 | 832 | 655 | 170.8 | 40 | Aug 8, 2025 | J-GAAP |
| Jan - Jun, 2026 Guidance | 4,100 | 800 | 910 | 640 | 166.7 | 50 | Feb 12, 2026 | J-GAAP |
| YoY | +8.7% | +6.8% | +9.4% | -2.3% | -2.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2024 | 8,581 | 2,338 | 2,441 | 1,826 | 475.7 | 110 | Feb 13, 2025 | J-GAAP |
| Dec, 2025 | 8,143 | 1,756 | 1,876 | 1,377 | 358.7 | 120 | Feb 12, 2026 | J-GAAP |
| Dec, 2026 Guidance | 9,000 | 2,000 | 2,160 | 1,500 | 390.7 | 130 | Feb 12, 2026 | J-GAAP |
| YoY | +10.5% | +13.9% | +15.1% | +8.9% | +8.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 2,280 | 679 | 695 | 530 | 138.1 | 29.8 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 1,936 | 441 | 447 | 349 | 91.1 | 22.8 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 1,835 | 308 | 385 | 306 | 79.8 | 16.8 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 1,902 | 373 | 384 | 264 | 68.8 | 19.6 | Nov 11, 2025 | J-GAAP |
| Oct - Dec, 2025 | 2,470 | 634 | 660 | 458 | 119.3 | 25.7 | Feb 12, 2026 | J-GAAP |
| YoY | +8.3% | -6.6% | -5.0% | -13.6% | -13.6% |
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