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CMC, 3% Increase in Ordinary Profit, Update Record High for Third Consecutive Term, Dividend Raised by 3 Yen
2185 CMC CORPORATION 【J-GAAP】
Earnings ReportCMC CORPORATION <2185> [TSE Std] announced its financial results in the afternoon session on November 11th (15:00). The consolidated ordinary profit for the fiscal year ended September 2025 increased by 0.7% from the previous period to 3.20 billion yen exceeding the previous forecast of 2.60 billion yen and resulted in an increase in profit, a complete reversal from the forecast for a decline in profit. For the fiscal year ending September 2026, the consolidated ordinary profit is expected to grow by 3.0% to 3.30 billion yen, marking the third consecutive term of record-high profits. This will be the third consecutive term of profit growth.
At the same time, the company has decided to increase the dividend this fiscal year to 55 yen, an increase of 3 yen from the previous fiscal year.
In the most recent three-month period, from July to September (4Q), the consolidated ordinary profit grew 4.5% from the same period last year, reaching 1.41 billion yen. The operating profit margin rose from 20.4% in the same period last year to 21.7%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep, 2023 | 18,451 | 2,617 | 2,873 | 1,762 | 133.0 | 38 | Nov 10, 2023 | J-GAAP |
| Sep, 2024 | 19,523 | 2,975 | 3,182 | 2,078 | 156.7 | 44 | Nov 11, 2024 | J-GAAP |
| Sep, 2025 | 18,256 | 2,694 | 3,205 | 2,149 | 164.1 | 52 | Nov 11, 2025 | J-GAAP |
| YoY | -6.5% | -9.4% | +0.7% | +3.4% | +4.7% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep, 2025 Guidance | 18,000 | 2,400 | 2,600 | 1,850 | 142.9 | 52 | May 13, 2025 | J-GAAP |
| Sep, 2025 Results | 18,256 | 2,694 | 3,205 | 2,149 | 164.1 | 52 | Nov 11, 2025 | J-GAAP |
| Revision Rate | +1.4% | +12.3% | +23.3% | +16.2% | +14.8% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 8,935 | 1,167 | 1,482 | 980 | 74.3 | 24 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 10,000 | 1,400 | 1,500 | 1,000 | 77.4 | 27 | Nov 11, 2025 | J-GAAP |
| YoY | +11.9% | +20.0% | +1.2% | +2.0% | +4.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep, 2024 | 19,523 | 2,975 | 3,182 | 2,078 | 156.7 | 44 | Nov 11, 2024 | J-GAAP |
| Sep, 2025 | 18,256 | 2,694 | 3,205 | 2,149 | 164.1 | 52 | Nov 11, 2025 | J-GAAP |
| Sep, 2026 Guidance | 20,000 | 3,000 | 3,300 | 2,200 | 170.2 | 55 | Nov 11, 2025 | J-GAAP |
| YoY | +9.6% | +11.4% | +3.0% | +2.4% | +3.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 5,813 | 1,188 | 1,357 | 956 | 72.1 | 20.4 | Nov 11, 2024 | J-GAAP |
| Oct - Dec, 2024 | 3,713 | 260 | 528 | 346 | 26.1 | 7.0 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 5,222 | 907 | 954 | 634 | 48.1 | 17.4 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 3,663 | 302 | 305 | 194 | 14.8 | 8.2 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 5,658 | 1,225 | 1,418 | 975 | 74.5 | 21.7 | Nov 11, 2025 | J-GAAP |
| YoY | -2.7% | +3.1% | +4.5% | +2.0% | +3.3% |
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