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GSI, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 18%, Exceeds Full-Year Plan
5579 GSI Co., Ltd. 【J-GAAP】
Earnings ReportGSI Co., Ltd. <5579> [SSE] announced its financial results in the afternoon session on February 16th (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 17.9% from the same period last year, reaching 376 million yen. Progress toward the full-year plan of 298 million yen is 126.2%, already exceeding the target and also exceeding the three-year average of 75.8%.
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/loss for the January to March period (4Q) is expected to turn into a loss of 78 million yen (compared to a profit of 97 million yen in the same period last year). However, if the fourth-quarter performance remains at the same level as the first three quarters, the full-year plan may be increased.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 7.2% from the same period last year, reaching 148 million yen. However, the operating profit margin decreased from 12.5% in the same period last year to 11.6%.
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 | 3,037 | 329 | 338 | 231 | 121.3 | 76.8 | Feb 14, 2024 | J-GAAP |
| Apr - Dec, 2024 | 3,140 | 311 | 319 | 208 | 104.4 | 76.7 | Feb 13, 2025 | J-GAAP |
| Apr - Dec, 2025 | 3,469 | 347 | 376 | 252 | 126.2 | 126.2 | Feb 16, 2026 | J-GAAP |
| YoY | +10.5% | +11.6% | +17.9% | +21.2% | +20.9% |
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 | 2,185 | 228 | 235 | 148 | 74.0 | 32 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 2,190 | 64 | 70 | 44 | 22.0 | 29 | Nov 14, 2025 | J-GAAP |
| YoY | +0.2% | -71.9% | -70.2% | -70.3% | -70.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 4,022 | 426 | 440 | 308 | 159.7 | 53 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 4,241 | 404 | 416 | 263 | 131.6 | 57 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 4,491 | 276 | 298 | 197 | 98.5 | 57 | May 15, 2025 | J-GAAP |
| YoY | +5.9% | -31.7% | -28.4% | -25.1% | -25.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 1,084 | 135 | 138 | 93 | 46.7 | 12.5 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 1,101 | 93 | 97 | 55 | 27.5 | 8.4 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 1,142 | 95 | 105 | 70 | 35.2 | 8.3 | Aug 14, 2025 | J-GAAP |
| Jul - Sep, 2025 | 1,159 | 117 | 123 | 83 | 41.5 | 10.1 | Nov 14, 2025 | J-GAAP |
| Oct - Dec, 2025 | 1,168 | 135 | 148 | 99 | 49.6 | 11.6 | Feb 16, 2026 | J-GAAP |
| YoY | +7.7% | 0.0% | +7.2% | +6.5% | +6.2% |
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