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Japan M&A Solution, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 52%, Highest in Three Terms, Dividend Revised to 10 Yen

Thu Jun 11, 2026 3:30 pm JST Earnings

9236 Japan M&A Solution Incorporated 【J-GAAP】

Earnings Report

Japan M&A Solution Incorporated <9236> [TSE Growth] announced its financial results after the market closed on June 11th (15:30). The ordinary profit/loss (non-consolidated) for the cumulative second quarter of the fiscal year ending October 2026 (November 2025 to April 2026) turned into a profit of 159 million yen (compared to a loss of 12 million yen in the same period last year).

In addition, the full-year forecast for ordinary profit has been revised upward 51.9%, from the previous forecast of 129 million yen to 196 million yen (compared to a loss of 52 million yen in the previous period), reaches new record high for the first time in three terms.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the ordinary profit/loss for the May to October period (second half) is expected to turn into a profit of 37 million yen (compared to a loss of 40 million yen in the same period last year).

In light of the strong performance, the company, which had previously planned no dividend for the current fiscal year, has decided to implement a year-end lump-sum dividend of 10 yen (compared to no dividend in the prior term).

In the most recent three-month period, from February to April (2Q), the ordinary profit surged 4.4 times that of the same period last year, reaching 137 million yen. The operating profit margin jumped from 11.8% in the same period last year to 37.3%.

Kabutan News

Actual Performance and Financial Trends

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Progress Rate
vs. First Half
Announce Accounting
Standards
Nov - Apr, 2023
306M 14M 14M 10M 6.9 Jun 12, 2024 J-GAAP
Nov - Apr, 2024
373M -17M -12M -8M -5.8 Jun 12, 2025 J-GAAP
Nov - Apr, 2025
526M 142M 159M 127M 85.9 81.1 Jun 11, 2026 J-GAAP
YoY +41.0%
First Half Results vs. Previous Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Nov - Apr, 2025 Guidance 0 Dec 11, 2025 J-GAAP
Nov - Apr, 2025 Results 526M 142M 159M 127M 85.9 0 Jun 11, 2026 J-GAAP
Revision Rate

Guidance Update

Full Year Update
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Oct, 2026 Prev 990M 108M 129M 109M 73.7 0 Dec 11, 2025 J-GAAP
Oct, 2026 New 990M 178M 196M 143M 96.7 10 Jun 11, 2026 J-GAAP
Revision Rate 0.0% +64.8% +51.9% +31.2% +31.2%

Current Period Guidance

Second Half Results
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
May - Oct, 2025
281M -39M -40M -77M -51.3 0 Dec 11, 2025 J-GAAP
Guidance
May - Oct, 2026
464M 36M 37M 16M 10.8 10 Jun 11, 2026 J-GAAP
YoY +65.1%
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Oct, 2024
602M -14M -14M -11M -7.8 0 Dec 13, 2024 J-GAAP
Oct, 2025
654M -56M -52M -85M -56.6 0 Dec 11, 2025 J-GAAP
Guidance
Oct, 2026
990M 178M 196M 143M 96.7 10 Jun 11, 2026 J-GAAP
YoY +51.4%

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Feb - Apr, 2025
255M 30M 31M 22M 15.9 11.8 Jun 12, 2025 J-GAAP
May - Jul, 2025
78M -61M -61M -43M -28.5 -78.2 Sep 11, 2025 J-GAAP
Aug - Oct, 2025
203M 22M 21M -34M -22.7 10.8 Dec 11, 2025 J-GAAP
Nov - Jan, 2025
159M 5M 22M 15M 10.6 3.1 Mar 11, 2026 J-GAAP
Feb - Apr, 2026
367M 137M 137M 112M 75.8 37.3 Jun 11, 2026 J-GAAP
YoY +43.9% +356.7% +341.9% +409.1% +377.5%