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OCEAN SYSTEM, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 1%
3096 OCEAN SYSTEM CORPORATION 【J-GAAP】
Earnings ReportOCEAN SYSTEM CORPORATION <3096> [TSE Std] announced its financial results after the market closed on February 13th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) was 1.77 billion yen, a 1.1% increase compared to the same period last year. Progress toward the full-year plan of 2.02 billion yen was 87.5%, it was below the five-year average of 90.5%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to surge 2.6 times that of the same period last year, reaching 0.25 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit amounted to 0.70 billion yen, an increase of 2.8% compared to the same period last year. However, the operating profit margin remained almost flat, changing from 2.8% in the same period last year to 2.7%.
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 | 64,704 | 1,748 | 1,817 | 1,275 | 135.5 | 89.9 | Feb 14, 2024 | J-GAAP |
| Apr - Dec, 2024 | 68,408 | 1,686 | 1,751 | 1,162 | 123.5 | 94.8 | Feb 14, 2025 | J-GAAP |
| Apr - Dec, 2025 | 72,751 | 1,689 | 1,770 | 1,182 | 125.7 | 87.5 | Feb 13, 2026 | J-GAAP |
| YoY | +6.3% | +0.2% | +1.1% | +1.7% | +1.8% |
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 | 46,548 | 728 | 783 | 346 | 36.8 | 12 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 48,462 | 923 | 959 | 689 | 73.5 | 10 | Nov 14, 2025 | J-GAAP |
| YoY | +4.1% | +26.8% | +22.5% | +99.1% | +99.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 85,899 | 1,919 | 2,022 | 1,337 | 142.1 | 19 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 91,061 | 1,752 | 1,847 | 1,049 | 111.5 | 19 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 95,800 | 1,928 | 2,023 | 1,404 | 149.8 | 20 | May 13, 2025 | J-GAAP |
| YoY | +5.2% | +10.0% | +9.5% | +33.8% | +34.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 23,895 | 662 | 687 | 459 | 48.8 | 2.8 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 22,653 | 66 | 96 | -113 | -12.0 | 0.3 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 23,997 | 633 | 661 | 467 | 49.7 | 2.6 | Aug 12, 2025 | J-GAAP |
| Jul - Sep, 2025 | 23,341 | 372 | 403 | 248 | 26.4 | 1.6 | Nov 14, 2025 | J-GAAP |
| Oct - Dec, 2025 | 25,413 | 684 | 706 | 467 | 49.7 | 2.7 | Feb 13, 2026 | J-GAAP |
| YoY | +6.4% | +3.3% | +2.8% | +1.7% | +1.8% |
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