AGS, 6% Increase in Ordinary Profit, Update Record High for Third Consecutive Term, Dividend Raised by 2 Yen
3648 AGS Corporation 【J-GAAP】
Earnings ReportAGS Corporation <3648> [TSE Std] announced its financial results after the market closed on May 14th (16:00). The consolidated ordinary profit for the fiscal year ended March 2026 expanded to 32.0% from the previous period to 2.50 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to grow by 6.1% to 2.66 billion yen, marking the third consecutive term of record-high profits. This will be the fourth consecutive term of revenue and profit growth.
At the same time, the company has decided to increase the dividend this fiscal year to 36 yen, an increase of 2 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit dropped to 0.47 billion yen, a 38.2% decrease compared to the same period last year. The operating profit margin drastically worsened from 9.8% in the same period last year to 6.0%.
Kabutan News
Actual Performance and Financial Trends
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
22,092M | 1,272M | 1,286M | 936M | 54.0 | 14.50 | May 13, 2024 | J-GAAP |
|
|
24,862M | 1,849M | 1,900M | 1,379M | 81.9 | 24 | May 14, 2025 | J-GAAP |
|
|
28,622M | 2,449M | 2,508M | 1,932M | 115.6 | 34 | May 14, 2026 | J-GAAP |
| YoY | +15.1% | +32.4% | +32.0% | +40.1% | +41.1% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Guidance | 28,000M | 2,350M | 2,390M | 1,690M | 101.3 | 34 | Apr 15, 2026 | J-GAAP |
| Mar, 2026 Results | 28,622M | 2,449M | 2,508M | 1,932M | 115.6 | 34 | May 14, 2026 | J-GAAP |
| Revision Rate | +2.2% | +4.2% | +4.9% | +14.3% | +14.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
13,369M | 1,308M | 1,348M | 1,002M | 60.0 | 16 | Oct 30, 2025 | J-GAAP |
|
Guidance
Apr - Sep, 2026
|
14,000M | 1,090M | 1,140M | 760M | 45.6 | 18 | May 14, 2026 | J-GAAP |
| YoY | +4.7% | -16.7% | -15.4% | -24.2% | -24.0% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
24,862M | 1,849M | 1,900M | 1,379M | 81.9 | 24 | May 14, 2025 | J-GAAP |
|
|
28,622M | 2,449M | 2,508M | 1,932M | 115.6 | 34 | May 14, 2026 | J-GAAP |
|
Guidance
Mar, 2027
|
29,200M | 2,600M | 2,660M | 1,830M | 109.7 | 36 | May 14, 2026 | J-GAAP |
| YoY | +2.0% | +6.2% | +6.1% | -5.3% | -5.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Operating Profit Margin |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
7,786M | 762M | 762M | 622M | 36.9 | 9.8 | May 14, 2025 | J-GAAP |
|
|
6,011M | 477M | 510M | 344M | 20.6 | 7.9 | Jul 30, 2025 | J-GAAP |
|
|
7,358M | 831M | 838M | 658M | 39.4 | 11.3 | Oct 30, 2025 | J-GAAP |
|
|
7,515M | 675M | 689M | 468M | 28.0 | 9.0 | Jan 30, 2026 | J-GAAP |
|
|
7,738M | 466M | 471M | 462M | 27.6 | 6.0 | May 14, 2026 | J-GAAP |
| YoY | -0.6% | -38.8% | -38.2% | -25.7% | -25.2% |
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