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Altech, Jan-Mar (1Q) Ordinary Profit Decreases by 10%, Revises Dividend Forecast in Conjunction with Stock Split
4641 Altech Corporation 【J-GAAP】
Earnings ReportAltech Corporation <4641> [TSE Prime] announced its financial results after the market closed on May 14th (15:30). The consolidated ordinary profit for the first quarter of the fiscal year ending December 2026 (January to March) decreased 10.2% from the same period last year to 1.31 billion yen. Progress toward the plan for the six months ending June (first half) of 2.60 billion yen was 50.4%, below the five-year average of 55.0%.
At the same time, due to a planned 3-for-1 forward stock split is scheduled for June 30, the the annual dividend has been revised from the original plan of 108 yen to 72 yen (equivalent to 108 yen before the forward stock split), but the actual dividend remains unchanged.
In the most recent three-month period, from January to March (1Q), the operating profit margin decreased from 11.2% in the same period last year to 9.8%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 11,840 | 1,305 | 1,330 | 854 | 43.0 | 52.9 | May 13, 2024 | J-GAAP |
| Jan - Mar, 2025 | 12,490 | 1,404 | 1,459 | 973 | 49.4 | 51.7 | May 12, 2025 | J-GAAP |
| Jan - Mar, 2026 | 13,304 | 1,305 | 1,310 | 900 | 45.9 | 50.4 | May 14, 2026 | J-GAAP |
| YoY | +6.5% | -7.1% | -10.2% | -7.5% | -7.1% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2026 Prev | 55,500 | 5,700 | 5,800 | 3,900 | 224.6 | 108 | Feb 12, 2026 | J-GAAP |
| Dec, 2026 New | 55,500 | 5,700 | 5,800 | 3,900 | 224.6 | 108 | May 14, 2026 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 | 25,340 | 2,690 | 2,820 | 1,868 | 95.1 | 47 | Aug 6, 2025 | J-GAAP |
| Jan - Jun, 2026 Guidance | 26,000 | 2,300 | 2,600 | 1,800 | 103.6 | 54 | Feb 12, 2026 | J-GAAP |
| YoY | +2.6% | -14.5% | -7.8% | -3.6% | +9.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2024 | 49,858 | 5,159 | 5,313 | 3,677 | 185.0 | 93 | Feb 13, 2025 | J-GAAP |
| Dec, 2025 | 52,649 | 5,397 | 5,543 | 3,981 | 202.7 | 108 | Feb 12, 2026 | J-GAAP |
| Dec, 2026 Guidance | 55,500 | 5,700 | 5,800 | 3,900 | 224.6 | 108 | May 14, 2026 | J-GAAP |
| YoY | +5.4% | +5.6% | +4.6% | -2.0% | +10.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 12,490 | 1,404 | 1,459 | 973 | 49.4 | 11.2 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 12,850 | 1,286 | 1,361 | 895 | 45.5 | 10.0 | Aug 6, 2025 | J-GAAP |
| Jul - Sep, 2025 | 12,850 | 1,234 | 1,245 | 815 | 41.5 | 9.6 | Nov 11, 2025 | J-GAAP |
| Oct - Dec, 2025 | 14,459 | 1,473 | 1,478 | 1,298 | 66.1 | 10.2 | Feb 12, 2026 | J-GAAP |
| Jan - Mar, 2026 | 13,304 | 1,305 | 1,310 | 900 | 45.9 | 9.8 | May 14, 2026 | J-GAAP |
| YoY | +6.5% | -7.1% | -10.2% | -7.5% | -7.1% |
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