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Systems Engineering Consultants, Jul-Sep (2Q) Ordinary Profit Increases by 32%
3741 Systems Engineering Consultants Co.,LTD. 【J-GAAP】
Earnings ReportSystems Engineering Consultants Co.,LTD. <3741> [TSE Prime] announced its financial results after the market closed on November 12th (15:45). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 9.9% from the same period last year, reaching 0.88 billion yen. Progress toward the full-year plan of 2.01 billion yen was 44.2%, exceeding the five-year average of 39.2%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to March period (second half) is expected to grow 3.4% from the same period last year, reaching 1.12 billion yen.
In the most recent three-month period, from July to September (2Q), the ordinary profit increased 32.5% from the same period last year, reaching 0.56 billion yen. The operating profit margin rose from 17.6% in the same period last year to 17.8%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 3,915 | 633 | 664 | 463 | 45.5 | 42.9 | Nov 9, 2023 | J-GAAP |
| Apr - Sep, 2024 | 4,495 | 764 | 809 | 566 | 55.6 | 42.7 | Nov 11, 2024 | J-GAAP |
| Apr - Sep, 2025 | 5,317 | 827 | 889 | 623 | 61.1 | 44.2 | Nov 12, 2025 | J-GAAP |
| YoY | +18.3% | +8.2% | +9.9% | +10.1% | +10.0% |
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 | 5,317 | 827 | 889 | 623 | 61.1 | 0 | Oct 27, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 5,317 | 827 | 889 | 623 | 61.1 | 0 | Nov 12, 2025 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | +0.0% |
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 | 5,800 | 1,029 | 1,084 | 778 | 76.3 | 55 | May 12, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 5,383 | 1,013 | 1,121 | 772 | 75.6 | 56 | Oct 27, 2025 | J-GAAP |
| YoY | -7.2% | -1.6% | +3.4% | -0.8% | -0.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 8,534 | 1,467 | 1,547 | 1,105 | 108.5 | 43.50 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 10,295 | 1,793 | 1,893 | 1,344 | 131.8 | 55 | May 12, 2025 | J-GAAP |
| Mar, 2026 Guidance | 10,700 | 1,840 | 2,010 | 1,395 | 136.6 | 56 | Sep 8, 2025 | J-GAAP |
| YoY | +3.9% | +2.6% | +6.2% | +3.8% | +3.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 2,317 | 407 | 428 | 303 | 29.8 | 17.6 | Nov 11, 2024 | J-GAAP |
| Oct - Dec, 2024 | 2,598 | 485 | 510 | 356 | 34.9 | 18.7 | Feb 10, 2025 | J-GAAP |
| Jan - Mar, 2025 | 3,202 | 544 | 574 | 422 | 41.4 | 17.0 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 2,300 | 290 | 322 | 222 | 21.8 | 12.6 | Aug 12, 2025 | J-GAAP |
| Jul - Sep, 2025 | 3,017 | 537 | 567 | 401 | 39.3 | 17.8 | Nov 12, 2025 | J-GAAP |
| YoY | +30.2% | +31.9% | +32.5% | +32.3% | +32.2% |
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