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EM SYSTEMS, Ordinary Profit Forecast for First Half Revised Downward by 52%, Dividend Revised down by 9 Yen

Thu May 14, 2026 4:00 pm JST Earnings

4820 EM SYSTEMS CO.,LTD. 【J-GAAP】

Earnings Report

EM SYSTEMS CO.,LTD. <4820> [TSE Prime] announced its financial results after the market closed on May 14th (16:00). The consolidated ordinary profit for the first quarter of the fiscal year ending December 2026 (January to March) significantly dropped 77.2% from the same period last year to 0.38 billion yen.

In addition, the January to June period (first half) consolidated ordinary profit has decreased 52.2%, from the previous forecast of 1.65 billion yen to 0.79 billion yen (compared to 2.40 billion yen in the same period of the previous year), leading to an increase in the profit decline rate from 31.1% to 67.0%.

Furthermore, the full-year forecast for consolidated ordinary profit forecast remains unchanged from the estimate of 3.93 billion yen(compared to 4.31 billion yen in the previous period).

Due to a decline in performance, the dividend for the first half of this fiscal year has been significantly reduced from the original plan of 14 yen to 5 yen (compared to 17 yen in the same period of the previous year), resulting in the annual dividend of 23 yen.

In the most recent three-month period, from January to March (1Q), the operating profit margin sharply declined from 22.8% in the same period last year to 4.3%.

Kabutan News

Actual Performance and Financial Trends

Accumulated Results 1st Quarter
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Progress Rate
vs. First Half
Announce Accounting
Standards
Jan - Mar, 2024
5,571M 720M 873M 571M 8.1 56.7 May 14, 2024 J-GAAP
Jan - Mar, 2025
6,714M 1,533M 1,701M 1,139M 16.5 70.9 May 15, 2025 J-GAAP
Jan - Mar, 2026
5,039M 216M 388M 155M 2.2 49.1 May 14, 2026 J-GAAP
YoY -24.9% -85.9% -77.2% -86.4% -86.4%

Guidance Update

First Half Update
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Jan - Jun, 2026 Prev 10,242M 1,393M 1,654M 921M 13.3 14 Feb 13, 2026 J-GAAP
Jan - Jun, 2026 New 10,273M 447M 791M 344M 5.0 5 May 14, 2026 J-GAAP
Revision Rate +0.3% -67.9% -52.2% -62.6% -62.6%
Full Year Update
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Dec, 2026 Prev 22,762M 3,316M 3,939M 2,193M 31.7 32 Feb 13, 2026 J-GAAP
Dec, 2026 New 22,762M 3,316M 3,939M 2,193M 31.7 23 May 14, 2026 J-GAAP
Revision Rate 0.0% 0.0% 0.0% 0.0% 0.0%

Current Period Guidance

First Half Results
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Jan - Jun, 2025
12,149M 2,080M 2,400M 1,603M 23.2 17 Aug 8, 2025 J-GAAP
Guidance
Jan - Jun, 2026
10,273M 447M 791M 344M 5.0 5 May 14, 2026 J-GAAP
YoY -15.4% -78.5% -67.0% -78.5% -78.6%
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Dec, 2024
24,837M 4,464M 5,184M 2,425M 34.5 35 Feb 14, 2025 J-GAAP
Dec, 2025
23,658M 3,676M 4,313M 2,452M 35.4 39 Feb 13, 2026 J-GAAP
Guidance
Dec, 2026
22,762M 3,316M 3,939M 2,193M 31.7 23 May 14, 2026 J-GAAP
YoY -3.8% -9.8% -8.7% -10.6% -10.7%

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Jan - Mar, 2025
6,714M 1,533M 1,701M 1,139M 16.5 22.8 May 15, 2025 J-GAAP
Apr - Jun, 2025
5,435M 547M 699M 464M 6.7 10.1 Aug 8, 2025 J-GAAP
Jul - Sep, 2025
5,965M 1,283M 1,418M 799M 11.6 21.5 Nov 14, 2025 J-GAAP
Oct - Dec, 2025
5,544M 313M 495M 50M 0.7 5.6 Feb 13, 2026 J-GAAP
Jan - Mar, 2026
5,039M 216M 388M 155M 2.2 4.3 May 14, 2026 J-GAAP
YoY -24.9% -85.9% -77.2% -86.4% -86.4%