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OCEAN SYSTEM, 10% Increase in Ordinary Profit, Record High for The First Time in Two Years, Increased Previous Year's Dividend by 5 yen, This Fiscal Year to Increase Dividend by 1 yen

Tue May 13, 2025 3:30 pm JST Earnings

3096 OCEAN SYSTEM CORPORATION 【J-GAAP】

Earnings Report

OCEAN SYSTEM CORPORATION <3096> [TSE Std] announced its financial results after the market closed on May 13th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 decreased 8.7% from the previous period to 1.84 billion yen. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to grow by 9.5% to 2.02 billion yenExpected to reach record high profits for the first time in two years. This will be the nineteenth consecutive term of revenue growth.

At the same time, the company increased the annual dividend for the previous term from 14 yen to 19 yen (compared to 19 yen in the prior term), and has decided to increase the dividend this fiscal year to 20 yen, an increase of 1 yen from the previous fiscal year.

In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit significantly dropped to 0.09 billion yen, a 53.2% decrease compared to the same period last year. The operating profit margin worsened from 0.8% in the same period last year to 0.3%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 77,710 1,128 1,238 358 38.1 14 May 12, 2023 J-GAAP
Mar, 2024 85,899 1,919 2,022 1,337 142.1 19 May 14, 2024 J-GAAP
Mar, 2025 91,061 1,752 1,847 1,049 111.5 19 May 13, 2025 J-GAAP
YoY +6.0% -8.7% -8.7% -21.5% -21.5%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Guidance 90,600 1,700 1,780 1,190 126.4 14 May 14, 2024 J-GAAP
Mar, 2025 Results 91,061 1,752 1,847 1,049 111.5 19 May 13, 2025 J-GAAP
Revision Rate +0.5% +3.1% +3.8% -11.8% -11.8%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 44,513 1,024 1,064 703 74.7 7 Nov 14, 2024 J-GAAP
Apr - Sep, 2025 Guidance 46,700 924 967 705 74.9 10 May 13, 2025 J-GAAP
YoY +4.9% -9.8% -9.1% +0.3% +0.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 85,899 1,919 2,022 1,337 142.1 19 May 14, 2024 J-GAAP
Mar, 2025 91,061 1,752 1,847 1,049 111.5 19 May 13, 2025 J-GAAP
Mar, 2026 Guidance 95,800 1,928 2,023 1,404 149.8 20 May 13, 2025 J-GAAP
YoY +5.2% +10.0% +9.5% +33.8% +34.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2024 21,195 171 205 62 6.6 0.8 May 14, 2024 J-GAAP
Apr - Jun, 2024 22,367 607 624 430 45.7 2.7 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 22,146 417 440 273 29.0 1.9 Nov 14, 2024 J-GAAP
Oct - Dec, 2024 23,895 662 687 459 48.8 2.8 Feb 14, 2025 J-GAAP
Jan - Mar, 2025 22,653 66 96 -113 -12.0 0.3 May 13, 2025 J-GAAP
YoY +6.9% -61.4% -53.2% － －

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