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EM SYSTEMS, 9% Decrease in Ordinary Profit for The Current Fiscal Year
4820 EM SYSTEMS CO.,LTD. 【J-GAAP】
Earnings ReportEM SYSTEMS CO.,LTD. <4820> [TSE Prime] announced its financial results after the market closed on February 13th (16:00). The consolidated ordinary profit for the fiscal year ended December 2025 decreased by 16.8% from the previous period to 4.31 billion yen. For the fiscal year ending December 2026, the consolidated ordinary profit is expected to decrease by 8.7% from the previous period to 3.93 billion yen.
In the most recent three-month period, from October to December (4Q), the consolidated ordinary profit significantly dropped to 0.49 billion yen, a 66.3% decrease compared to the same period last year. The operating profit margin sharply declined from 17.8% in the same period last year to 5.6%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 20,355 | 2,330 | 2,869 | 1,962 | 27.8 | 14 | Feb 14, 2024 | J-GAAP |
| Dec, 2024 | 24,837 | 4,464 | 5,184 | 2,425 | 34.5 | 35 | Feb 14, 2025 | J-GAAP |
| Dec, 2025 | 23,658 | 3,676 | 4,313 | 2,452 | 35.4 | 39 | Feb 13, 2026 | J-GAAP |
| YoY | -4.7% | -17.7% | -16.8% | +1.1% | +2.6% |
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 | 23,479 | 3,627 | 4,389 | 2,691 | 38.9 | 39 | Oct 27, 2025 | J-GAAP |
| Dec, 2025 Results | 23,658 | 3,676 | 4,313 | 2,452 | 35.4 | 39 | Feb 13, 2026 | J-GAAP |
| Revision Rate | +0.8% | +1.4% | -1.7% | -8.9% | -8.8% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 | 12,149 | 2,080 | 2,400 | 1,603 | 23.2 | 17 | Aug 8, 2025 | J-GAAP |
| Jan - Jun, 2026 Guidance | 10,242 | 1,393 | 1,654 | 921 | 13.3 | 14 | Feb 13, 2026 | J-GAAP |
| YoY | -15.7% | -33.0% | -31.1% | -42.5% | -42.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2024 | 24,837 | 4,464 | 5,184 | 2,425 | 34.5 | 35 | Feb 14, 2025 | J-GAAP |
| Dec, 2025 | 23,658 | 3,676 | 4,313 | 2,452 | 35.4 | 39 | Feb 13, 2026 | J-GAAP |
| Dec, 2026 Guidance | 22,762 | 3,316 | 3,939 | 2,193 | 31.7 | 32 | Feb 13, 2026 | J-GAAP |
| YoY | -3.8% | -9.8% | -8.7% | -10.6% | -10.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 7,082 | 1,263 | 1,469 | 915 | 13.0 | 17.8 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 6,714 | 1,533 | 1,701 | 1,139 | 16.5 | 22.8 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 5,435 | 547 | 699 | 464 | 6.7 | 10.1 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 5,965 | 1,283 | 1,418 | 799 | 11.6 | 21.5 | Nov 14, 2025 | J-GAAP |
| Oct - Dec, 2025 | 5,544 | 313 | 495 | 50 | 0.7 | 5.6 | Feb 13, 2026 | J-GAAP |
| YoY | -21.7% | -75.2% | -66.3% | -94.5% | -94.5% |
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