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SOHGO SECURITY SERVICES, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 10%, Exceeded Record Profit Forecast, Dividend Revised Upward by 2 Yen

Wed Nov 5, 2025 3:30 pm JST Earnings

2331 ALSOK CO.,LTD. 【J-GAAP】

Earnings Report

ALSOK CO.,LTD. <2331> [TSE Prime] announced its financial results after the market closed on November 5th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) expanded 23.8 billion yen, an increase 43.5% compared to the same period last year, exceeded the previous forecast of 19.7 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 9.6%, from the previous forecast of 47.0 billion yen to 51.5 billion yen (compared to 43.1 billion yen in the previous period), increasing the growth rate from 9.0% to 19.5%. The company has further increased its previous forecast of record profits for the first time in four years.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to grow 4.4% from the same period last year, reaching 27.6 billion yen.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 27.2 yen to 29.2 yen (compared to 25.8 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased 45.5% from the same period last year, reaching 12.9 billion yen. The operating profit margin improved from 6.1% in the same period last year to 8.0%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 246,379 17,323 18,904 11,505 22.8 45.9 Oct 31, 2023 J-GAAP
Apr - Sep, 2024 263,280 15,258 16,648 9,852 20.0 38.6 Nov 6, 2024 J-GAAP
Apr - Sep, 2025 291,337 22,520 23,889 14,607 30.1 46.4 Nov 5, 2025 J-GAAP
YoY +10.7% +47.6% +43.5% +48.3% +50.8%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance 284,300 18,100 19,700 12,000 24.7 13.60 May 13, 2025 J-GAAP
Apr - Sep, 2025 Results 291,337 22,520 23,889 14,607 30.1 14.60 Nov 5, 2025 J-GAAP
Revision Rate +2.5% +24.4% +21.3% +21.7% +21.9%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 590,000 43,900 47,000 29,400 60.5 27.20 May 13, 2025 J-GAAP
Mar, 2026 New 598,000 48,500 51,500 32,900 67.7 29.20 Nov 5, 2025 J-GAAP
Revision Rate +1.4% +10.5% +9.6% +11.9% +11.9%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 288,601 24,943 26,459 17,253 35.3 13.40 May 13, 2025 J-GAAP
Oct - Mar, 2025 Guidance 306,663 25,980 27,611 18,293 37.6 14.60 Nov 5, 2025 J-GAAP
YoY +6.3% +4.2% +4.4% +6.0% +6.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 521,400 38,078 41,169 26,630 53.0 23.70 May 14, 2024 J-GAAP
Mar, 2025 551,881 40,201 43,107 27,105 55.4 25.80 May 13, 2025 J-GAAP
Mar, 2026 Guidance 598,000 48,500 51,500 32,900 67.7 29.20 Nov 5, 2025 J-GAAP
YoY +8.4% +20.6% +19.5% +21.4% +22.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 134,269 8,164 8,924 5,684 11.5 6.1 Nov 6, 2024 J-GAAP
Oct - Dec, 2024 137,221 10,812 11,660 7,308 14.9 7.9 Feb 4, 2025 J-GAAP
Jan - Mar, 2025 151,380 14,131 14,799 9,945 20.3 9.3 May 13, 2025 J-GAAP
Apr - Jun, 2025 141,154 10,437 10,902 6,435 13.3 7.4 Aug 5, 2025 J-GAAP
Jul - Sep, 2025 150,183 12,083 12,987 8,172 16.8 8.0 Nov 5, 2025 J-GAAP
YoY +11.9% +48.0% +45.5% +43.8% +46.2%

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