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Business Engineering, 7% Increase in Ordinary Profit, Update Record High for Eleventh Consecutive Term, Dividend Effectively Increased
4828 Business Engineering Corporation 【J-GAAP】
Earnings ReportBusiness Engineering Corporation <4828> [TSE Prime] announced its financial results at noon (11:30) on May 12th. The consolidated ordinary profit for the fiscal year ended March 2026 expanded to 37.5% from the previous period to 6.43 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to grow by 7.2% to 6.90 billion yen, marking the eleventh consecutive term of record-high profits. This will be the sixth consecutive term of revenue and the twelfth consecutive term of profit growth.
At the same time, the annual dividend for this fiscal year is 42 yen, taking into account the previous year's forward stock split, this dividend represents an actual increase of 1.0%.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit grew 26.9% from the same period last year, reaching 1.27 billion yen. The operating profit margin rose from 18.4% in the same period last year to 21.7%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 19,493 | 3,885 | 3,877 | 2,625 | 43.8 | 15.60 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 20,776 | 4,676 | 4,679 | 3,330 | 55.6 | 20 | May 13, 2025 | J-GAAP |
| Mar, 2026 | 24,442 | 6,411 | 6,435 | 4,890 | 81.8 | 41.60 | May 12, 2026 | J-GAAP |
| YoY | +17.6% | +37.1% | +37.5% | +46.8% | +47.0% |
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 | 24,300 | 6,400 | 6,400 | 4,800 | 80.5 | 41.60 | Feb 6, 2026 | J-GAAP |
| Mar, 2026 Results | 24,442 | 6,411 | 6,435 | 4,890 | 81.8 | 41.60 | May 12, 2026 | J-GAAP |
| Revision Rate | +0.6% | +0.2% | +0.5% | +1.9% | +1.6% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 12,280 | 3,370 | 3,392 | 2,489 | 41.6 | 15.60 | Nov 7, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 13,200 | 3,450 | 3,450 | 2,300 | 38.6 | 21 | May 12, 2026 | J-GAAP |
| YoY | +7.5% | +2.4% | +1.7% | -7.6% | -7.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 20,776 | 4,676 | 4,679 | 3,330 | 55.6 | 20 | May 13, 2025 | J-GAAP |
| Mar, 2026 | 24,442 | 6,411 | 6,435 | 4,890 | 81.8 | 41.60 | May 12, 2026 | J-GAAP |
| Mar, 2027 Guidance | 26,800 | 6,900 | 6,900 | 4,600 | 77.1 | 42 | May 12, 2026 | J-GAAP |
| YoY | +9.6% | +7.6% | +7.2% | -5.9% | -5.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 5,519 | 1,014 | 1,006 | 833 | 13.9 | 18.4 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 6,039 | 1,728 | 1,750 | 1,371 | 22.9 | 28.6 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 6,241 | 1,642 | 1,642 | 1,118 | 18.7 | 26.3 | Nov 7, 2025 | J-GAAP |
| Oct - Dec, 2025 | 6,299 | 1,767 | 1,766 | 1,210 | 20.2 | 28.1 | Feb 6, 2026 | J-GAAP |
| Jan - Mar, 2026 | 5,863 | 1,274 | 1,277 | 1,191 | 19.9 | 21.7 | May 12, 2026 | J-GAAP |
| YoY | +6.2% | +25.6% | +26.9% | +43.0% | +43.1% |
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