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CUBE SYSTEM, 14% Increase in Ordinary Profit, Record High for The First Time in Three Years, Increased Previous Year's Dividend by 4 Yen, Plan to Continue the 46 Yen Policy This Fiscal Year as Well
2335 CUBE SYSTEM INC. 【J-GAAP】
Earnings ReportCUBE SYSTEM INC. <2335> [TSE Prime] announced its financial results after the market closed on May 7th (16:00). The consolidated ordinary profit for the fiscal year ended March 2026 increased by 13.5% from the previous period to 1.58 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to grow by 14.5% to 1.81 billion yenExpected to reach record high profits for the first time in three years. This will be the fifteenth consecutive term of revenue growth.
At the same time, the company increased the annual dividend for the previous term from 42 yen to 46 yen (compared to 40 yen in the prior term), and has decided to continue with a dividend of 46 yen for the current term as well.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit decreased to 0.42 billion yen, a 15.4% decrease compared to the same period last year. The operating profit margin decreased from 10.4% in the same period last year to 8.9%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 18,021 | 1,536 | 1,590 | 1,067 | 70.4 | 35 | May 8, 2024 | J-GAAP |
| Mar, 2025 | 18,351 | 1,380 | 1,393 | 1,261 | 83.8 | 40 | May 8, 2025 | J-GAAP |
| Mar, 2026 | 18,498 | 1,558 | 1,581 | 1,564 | 103.4 | 46 | May 7, 2026 | J-GAAP |
| YoY | +0.8% | +12.9% | +13.5% | +24.0% | +23.3% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Guidance | 19,500 | 1,750 | 1,760 | 1,220 | 80.4 | 42 | May 8, 2025 | J-GAAP |
| Mar, 2026 Results | 18,498 | 1,558 | 1,581 | 1,564 | 103.4 | 46 | May 7, 2026 | J-GAAP |
| Revision Rate | -5.1% | -11.0% | -10.2% | +28.2% | +28.6% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 9,142 | 730 | 738 | 555 | 36.8 | 20 | Nov 5, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 9,300 | 741 | 751 | 600 | 39.5 | 22 | May 7, 2026 | J-GAAP |
| YoY | +1.7% | +1.5% | +1.8% | +8.1% | +7.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 18,351 | 1,380 | 1,393 | 1,261 | 83.8 | 40 | May 8, 2025 | J-GAAP |
| Mar, 2026 | 18,498 | 1,558 | 1,581 | 1,564 | 103.4 | 46 | May 7, 2026 | J-GAAP |
| Mar, 2027 Guidance | 20,000 | 1,800 | 1,810 | 1,500 | 98.8 | 46 | May 7, 2026 | J-GAAP |
| YoY | +8.1% | +15.5% | +14.5% | -4.1% | -4.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 4,699 | 490 | 499 | 357 | 23.7 | 10.4 | May 8, 2025 | J-GAAP |
| Apr - Jun, 2025 | 4,546 | 402 | 412 | 200 | 13.3 | 8.8 | Aug 6, 2025 | J-GAAP |
| Jul - Sep, 2025 | 4,596 | 328 | 326 | 355 | 23.5 | 7.1 | Nov 5, 2025 | J-GAAP |
| Oct - Dec, 2025 | 4,617 | 406 | 421 | 522 | 34.5 | 8.8 | Feb 4, 2026 | J-GAAP |
| Jan - Mar, 2026 | 4,739 | 422 | 422 | 487 | 32.2 | 8.9 | May 7, 2026 | J-GAAP |
| YoY | +0.9% | -13.9% | -15.4% | +36.4% | +35.7% |
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