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CNS, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 9%, Exceeded Record Profit Forecast, Dividend Revised Upward by 5 Yen
4076 CNS Co.,Ltd. 【J-GAAP】
Earnings ReportCNS Co.,Ltd. <4076> [TSE Growth] announced its financial results after the market closed on April 10th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending May 2026 (June 2025 to February 2026) increased 29.0% from the same period last year, reaching 570 million yen.
In addition, the full-year forecast for consolidated ordinary profit has been revised upward 8.7%, from the previous forecast of 675 million yen to 734 million yen (compared to 585 million yen in the previous period), increasing the growth rate from 15.4% to 25.5%. The company has further increased its previous forecast of record profits for the first time in two years.
Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the December to May period (second half) is expected to increase 18.7%, from the previous forecast of 315 million yen to 374 million yen (compared to 345 million yen in the same period of the previous year), turning to an 8.4% increase in the consolidated ordinary profit outlook.
In light of the strong performance, the company has increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 50 yen to 55 yen (compared to 75 yen in the previous period).
In the most recent three-month period, from December to February (3Q), the consolidated ordinary profit grew 4.0% from the same period last year, reaching 210 million yen. However, the operating profit margin decreased from 10.6% in the same period last year to 10.0%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun - Feb, 2023 | 4,980 | 512 | 527 | 350 | 120.6 | 81.1 | Apr 11, 2024 | J-GAAP |
| Jun - Feb, 2024 | 5,186 | 420 | 442 | 299 | 103.1 | 75.6 | Apr 11, 2025 | J-GAAP |
| Jun - Feb, 2025 | 5,717 | 546 | 570 | 415 | 142.9 | 77.7 | Apr 10, 2026 | J-GAAP |
| YoY | +10.2% | +30.0% | +29.0% | +38.8% | +38.6% |
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec - May, 2025 Prev | 4,500 | 308 | 315 | 210 | 72.3 | 50 | Jan 9, 2026 | J-GAAP |
| Dec - May, 2025 New | 4,500 | 360 | 374 | 259 | 89.1 | 55 | Apr 10, 2026 | J-GAAP |
| Revision Rate | 0.0% | +16.9% | +18.7% | +23.3% | +23.3% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| May, 2026 Prev | 8,253 | 658 | 675 | 483 | 166.2 | 50 | Jan 9, 2026 | J-GAAP |
| May, 2026 New | 8,253 | 710 | 734 | 532 | 183.1 | 55 | Apr 10, 2026 | J-GAAP |
| Revision Rate | 0.0% | +7.9% | +8.7% | +10.1% | +10.1% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec - May, 2024 | 3,640 | 329 | 345 | 265 | 91.3 | 75 | Jul 11, 2025 | J-GAAP |
| Dec - May, 2025 Guidance | 4,500 | 360 | 374 | 259 | 89.1 | 55 | Apr 10, 2026 | J-GAAP |
| YoY | +23.6% | +9.4% | +8.4% | -2.3% | -2.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| May, 2024 | 6,657 | 619 | 650 | 461 | 158.8 | 48 | Jul 11, 2024 | J-GAAP |
| May, 2025 | 7,004 | 555 | 585 | 427 | 147.1 | 75 | Jul 11, 2025 | J-GAAP |
| May, 2026 Guidance | 8,253 | 710 | 734 | 532 | 183.1 | 55 | Apr 10, 2026 | J-GAAP |
| YoY | +17.8% | +27.9% | +25.5% | +24.6% | +24.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec - Feb, 2024 | 1,822 | 194 | 202 | 137 | 47.2 | 10.6 | Apr 11, 2025 | J-GAAP |
| Mar - May, 2025 | 1,818 | 135 | 143 | 128 | 44.1 | 7.4 | Jul 11, 2025 | J-GAAP |
| Jun - Aug, 2025 | 1,874 | 182 | 182 | 154 | 53.3 | 9.7 | Oct 10, 2025 | J-GAAP |
| Sep - Nov, 2025 | 1,879 | 168 | 178 | 119 | 41.0 | 8.9 | Jan 9, 2026 | J-GAAP |
| Dec - Feb, 2025 | 1,964 | 196 | 210 | 142 | 48.9 | 10.0 | Apr 10, 2026 | J-GAAP |
| YoY | +7.8% | +1.0% | +4.0% | +3.6% | +3.5% |
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