kabutan

Japan Exchange, Net Income Forecast for the Fiscal Year Revised Upward by 21%, Raises Record High Profit Forecast, Dividend Revised Upward by 11 Yen

Wed Mar 25, 2026 12:00 pm JST Revision

8697 Japan Exchange Group, Inc. 【IFRS】

Guidance Update Report

Japan Exchange Group, Inc. <8697> [TSE Prime] announced a revision to its performance and dividend at noon (12:00) on March 25th. The consolidated net income forecast for the fiscal year ending March 2026 has been revised upward 20.8%, from the previous forecast of 65.0 billion yen to 78.5 billion yen (compared to 61.0 billion yen in the previous period), increasing the growth rate from 6.4% to 28.5%, further surpassing the previous forecast of record-high profits for three consecutive terms.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (second half) consolidated net income is expected to increase 44.3%, from the previous forecast of 30.4 billion yen to 43.9 billion yen (compared to 28.7 billion yen in the same period of the previous year), increasing the growth rate from 5.8% to 52.7%.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 50 yen to 61 yen.

Kabutan News

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2025 Prev 86,678 45,221 45,513 30,447 29.6 25 Oct 29, 2025 IFRS
Oct - Mar, 2025 New 108,678 64,221 64,513 43,947 42.8 36 Mar 25, 2026 IFRS
Revision Rate +25.4% +42.0% +41.7% +44.3% +44.3%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 176,000 96,500 97,000 65,000 63.2 50 Oct 29, 2025 IFRS
Mar, 2026 New 198,000 115,500 116,000 78,500 76.4 61 Mar 25, 2026 IFRS
Revision Rate +12.5% +19.7% +19.6% +20.8% +20.8%

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 80,420 42,404 42,551 28,784 27.7 29 Apr 28, 2025 IFRS
Oct - Mar, 2025 Guidance 108,678 64,221 64,513 43,947 42.8 36 Mar 25, 2026 IFRS
YoY +35.1% +51.5% +51.6% +52.7% +54.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 152,871 87,444 87,404 60,822 58.5 45.50 Apr 30, 2024 IFRS
Mar, 2025 162,230 90,122 90,277 61,092 58.7 45.50 Apr 28, 2025 IFRS
Mar, 2026 Guidance 198,000 115,500 116,000 78,500 76.4 61 Mar 25, 2026 IFRS
YoY +22.0% +28.2% +28.5% +28.5% +30.1%

Related Articles