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GDEP ADVANCE, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 7%, Raises Record High Profit Forecast, Dividend Revised Upward by 7 Yen
5885 GDEP ADVANCE,Inc. 【J-GAAP】
Earnings ReportGDEP ADVANCE,Inc. <5885> [TSE Std] announced its financial results after the market closed on April 14th (15:30). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending May 2026 (June 2025 to February 2026) increased 26.0% from the same period last year, reaching 0.85 billion yen.
In addition, the full-year forecast for ordinary profit has been revised upward 7.1%, from the previous forecast of 0.93 billion yen to 1.00 billion yen (compared to 0.79 billion yen in the previous period), increasing the growth rate from 17.3% to 25.6%, further surpassing the previous forecast of record-high profits for eight consecutive terms.
Based on the full-year plan announced by the company after the upward revision, our estimate of the ordinary profit for the December to May period (second half) is expected to increase 23.2%, from the previous forecast of 0.28 billion yen to 0.35 billion yen (compared to 0.29 billion yen in the same period of the previous year), turning to a 17.4% increase in the 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 29 yen to 36 yen (compared to 23 yen in the previous period).
In the most recent three-month period, from December to February (3Q), the ordinary profit grew 13.3% from the same period last year, reaching 0.20 billion yen. However, the operating profit margin decreased from 13.9% in the same period last year to 12.6%.
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 | 3,258 | 452 | 451 | 313 | 59.6 | 69.2 | Apr 12, 2024 | J-GAAP |
| Jun - Feb, 2024 | 5,439 | 699 | 677 | 468 | 87.5 | 85.1 | Apr 14, 2025 | J-GAAP |
| Jun - Feb, 2025 | 4,659 | 811 | 853 | 589 | 108.5 | 85.3 | Apr 14, 2026 | J-GAAP |
| YoY | -14.3% | +16.0% | +26.0% | +25.9% | +24.0% |
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 | 4,225 | 321 | 285 | 169 | 31.0 | 29 | Jan 14, 2026 | J-GAAP |
| Dec - May, 2025 New | 3,717 | 387 | 351 | 206 | 37.8 | 36 | Apr 14, 2026 | J-GAAP |
| Revision Rate | -12.0% | +20.6% | +23.2% | +21.9% | +21.9% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| May, 2026 Prev | 7,308 | 934 | 934 | 617 | 113.2 | 29 | Jul 14, 2025 | J-GAAP |
| May, 2026 New | 6,800 | 1,000 | 1,000 | 654 | 120.0 | 36 | Apr 14, 2026 | J-GAAP |
| Revision Rate | -7.0% | +7.1% | +7.1% | +6.0% | +6.0% |
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 | 2,635 | 341 | 299 | 192 | 35.8 | 23 | Jul 14, 2025 | J-GAAP |
| Dec - May, 2025 Guidance | 3,717 | 387 | 351 | 206 | 37.8 | 36 | Apr 14, 2026 | J-GAAP |
| YoY | +41.1% | +13.5% | +17.4% | +7.3% | +5.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| May, 2024 | 4,421 | 662 | 652 | 432 | 82.1 | 16.75 | Jul 12, 2024 | J-GAAP |
| May, 2025 | 6,630 | 839 | 796 | 536 | 100.0 | 23 | Jul 14, 2025 | J-GAAP |
| May, 2026 Guidance | 6,800 | 1,000 | 1,000 | 654 | 120.0 | 36 | Apr 14, 2026 | J-GAAP |
| YoY | +2.6% | +19.2% | +25.6% | +22.0% | +20.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec - Feb, 2024 | 1,444 | 201 | 180 | 124 | 23.2 | 13.9 | Apr 14, 2025 | J-GAAP |
| Mar - May, 2025 | 1,191 | 140 | 119 | 68 | 12.7 | 11.8 | Jul 14, 2025 | J-GAAP |
| Jun - Aug, 2025 | 948 | 166 | 198 | 135 | 25.1 | 17.5 | Oct 14, 2025 | J-GAAP |
| Sep - Nov, 2025 | 2,135 | 447 | 451 | 313 | 57.7 | 20.9 | Jan 14, 2026 | J-GAAP |
| Dec - Feb, 2025 | 1,576 | 198 | 204 | 141 | 26.0 | 12.6 | Apr 14, 2026 | J-GAAP |
| YoY | +9.1% | -1.5% | +13.3% | +13.7% | +12.0% |
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