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STARTS CORP, 2% Increase in Ordinary Profit, Update Record High for Sixth Consecutive Term, Increased Previous Year's Dividend by 10 Yen, This Fiscal Year to Increase Dividend by 10 Yen
8850 STARTS CORPORATION INC. 【J-GAAP】
Earnings ReportSTARTS CORPORATION INC. <8850> [TSE Prime] announced its financial results in the afternoon session on May 11th (14:00). The consolidated ordinary profit for the fiscal year ended March 2026 increased by 14.5% from the previous period to 38.2 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to grow by 2.0% to 39.0 billion yen, marking the sixth consecutive term of record-high profits. This will be the sixth consecutive term of profit growth.
At the same time, the company increased the annual dividend for the previous term from 130 yen to 140 yen (compared to 120 yen in the prior term), and has decided to increase the dividend this fiscal year to 150 yen, an increase of 10 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit grew 25.7% from the same period last year, reaching 10.7 billion yen. The operating profit margin rose from 13.9% in the same period last year to 14.7%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 233,408 | 30,498 | 33,396 | 22,095 | 444.8 | 105 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 232,978 | 32,622 | 33,404 | 24,274 | 492.2 | 120 | May 12, 2025 | J-GAAP |
| Mar, 2026 | 251,911 | 36,272 | 38,244 | 25,311 | 526.6 | 140 | May 11, 2026 | J-GAAP |
| YoY | +8.1% | +11.2% | +14.5% | +4.3% | +7.0% |
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 | 250,000 | 35,000 | 34,500 | 23,500 | 487.8 | 130 | May 12, 2025 | J-GAAP |
| Mar, 2026 Results | 251,911 | 36,272 | 38,244 | 25,311 | 526.6 | 140 | May 11, 2026 | J-GAAP |
| Revision Rate | +0.8% | +3.6% | +10.9% | +7.7% | +7.9% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 118,584 | 16,019 | 16,549 | 10,836 | 225.0 | 65 | Nov 10, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 128,000 | 16,700 | 16,500 | 11,000 | 232.3 | 75 | May 11, 2026 | J-GAAP |
| YoY | +7.9% | +4.3% | -0.3% | +1.5% | +3.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 232,978 | 32,622 | 33,404 | 24,274 | 492.2 | 120 | May 12, 2025 | J-GAAP |
| Mar, 2026 | 251,911 | 36,272 | 38,244 | 25,311 | 526.6 | 140 | May 11, 2026 | J-GAAP |
| Mar, 2027 Guidance | 290,000 | 40,000 | 39,000 | 26,000 | 549.2 | 150 | May 11, 2026 | J-GAAP |
| YoY | +15.1% | +10.3% | +2.0% | +2.7% | +4.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 65,399 | 9,083 | 8,578 | 6,036 | 122.4 | 13.9 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 59,415 | 8,345 | 8,192 | 5,126 | 106.4 | 14.0 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 59,169 | 7,674 | 8,357 | 5,710 | 118.5 | 13.0 | Nov 10, 2025 | J-GAAP |
| Oct - Dec, 2025 | 62,824 | 9,920 | 10,913 | 7,013 | 145.6 | 15.8 | Feb 9, 2026 | J-GAAP |
| Jan - Mar, 2026 | 70,503 | 10,333 | 10,782 | 7,462 | 155.3 | 14.7 | May 11, 2026 | J-GAAP |
| YoY | +7.8% | +13.8% | +25.7% | +23.6% | +26.9% |
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