CUBE SYSTEM, 14% Increase in Ordinary Profit, Record High for The First Time in Three Years, Increased Previous Year's Dividend by 4 Yen, Plan to Continue the 46 Yen Policy This Fiscal Year as Well

Thu May 7, 2026 4:00 pm JST Earnings

2335 CUBE SYSTEM INC. 【J-GAAP】

Earnings Report

CUBE SYSTEM INC. <2335> [TSE Prime] announced its financial results after the market closed on May 7th (16:00). The consolidated ordinary profit for the fiscal year ended March 2026 increased by 13.5% from the previous period to 1.58 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to grow by 14.5% to 1.81 billion yenExpected to reach record high profits for the first time in three years. This will be the fifteenth consecutive term of revenue growth.

At the same time, the company increased the annual dividend for the previous term from 42 yen to 46 yen (compared to 40 yen in the prior term), and has decided to continue with a dividend of 46 yen for the current term as well.

In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit decreased to 0.42 billion yen, a 15.4% decrease compared to the same period last year. The operating profit margin decreased from 10.4% in the same period last year to 8.9%.

Kabutan News

Actual Performance and Financial Trends

Historical Performance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2024	18,021M	1,536M	1,590M	1,067M	70.4	35	May 8, 2024	J-GAAP
Mar, 2025	18,351M	1,380M	1,393M	1,261M	83.8	40	May 8, 2025	J-GAAP
Mar, 2026	18,498M	1,558M	1,581M	1,564M	103.4	46	May 7, 2026	J-GAAP
YoY	+0.8%	+12.9%	+13.5%	+24.0%	+23.3%

Full Year Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2026 Guidance	19,500M	1,750M	1,760M	1,220M	80.4	42	May 8, 2025	J-GAAP
Mar, 2026 Results	18,498M	1,558M	1,581M	1,564M	103.4	46	May 7, 2026	J-GAAP
Revision Rate	-5.1%	-11.0%	-10.2%	+28.2%	+28.6%

Current Period Guidance

First Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2025	9,142M	730M	738M	555M	36.8	20	Nov 5, 2025	J-GAAP
Guidance Apr - Sep, 2026	9,300M	741M	751M	600M	39.5	22	May 7, 2026	J-GAAP
YoY	+1.7%	+1.5%	+1.8%	+8.1%	+7.5%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025	18,351M	1,380M	1,393M	1,261M	83.8	40	May 8, 2025	J-GAAP
Mar, 2026	18,498M	1,558M	1,581M	1,564M	103.4	46	May 7, 2026	J-GAAP
Guidance Mar, 2027	20,000M	1,800M	1,810M	1,500M	98.8	46	May 7, 2026	J-GAAP
YoY	+8.1%	+15.5%	+14.5%	-4.1%	-4.4%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jan - Mar, 2025	4,699M	490M	499M	357M	23.7	10.4%	May 8, 2025	J-GAAP
Apr - Jun, 2025	4,546M	402M	412M	200M	13.3	8.8%	Aug 6, 2025	J-GAAP
Jul - Sep, 2025	4,596M	328M	326M	355M	23.5	7.1%	Nov 5, 2025	J-GAAP
Oct - Dec, 2025	4,617M	406M	421M	522M	34.5	8.8%	Feb 4, 2026	J-GAAP
Jan - Mar, 2026	4,739M	422M	422M	487M	32.2	8.9%	May 7, 2026	J-GAAP
YoY	+0.9%	-13.9%	-15.4%	+36.4%	+35.7%