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Keyware Solutions, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 13%
3799 Keyware Solutions Inc. 【J-GAAP】
Earnings ReportKeyware Solutions Inc. <3799> [TSE Std] announced its financial results after the market closed on February 13th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 13.0% from the same period last year, reaching 0.59 billion yen. Progress toward the full-year plan of 1.15 billion yen was 51.5%, exceeding the five-year average of 45.2%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to decrease 20.3% from the same period last year to 0.55 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 0.24 billion yen, a 9.0% decrease compared to the same period last year. However, the operating profit margin remained almost flat, changing from 3.9% in the same period last year to 4.2%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 14,606 | 382 | 652 | 511 | 63.6 | 59.8 | Jan 31, 2024 | J-GAAP |
| Apr - Dec, 2024 | 15,034 | 248 | 524 | 409 | 50.8 | 42.8 | Feb 13, 2025 | J-GAAP |
| Apr - Dec, 2025 | 16,298 | 533 | 592 | 396 | 47.4 | 51.5 | Feb 13, 2026 | J-GAAP |
| YoY | +8.4% | +114.9% | +13.0% | -3.2% | -6.8% |
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 | 11,190 | 874 | 966 | 837 | 103.6 | 32 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 11,779 | 800 | 800 | 576 | 68.9 | 17 | Oct 30, 2025 | J-GAAP |
| YoY | +5.3% | -8.5% | -17.2% | -31.2% | -33.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 20,511 | 873 | 1,090 | 729 | 90.7 | 20 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 21,101 | 921 | 1,224 | 1,031 | 127.6 | 32 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 22,500 | 1,100 | 1,150 | 800 | 95.7 | 34 | Jul 31, 2025 | J-GAAP |
| YoY | +6.6% | +19.4% | -6.0% | -22.4% | -25.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 5,123 | 201 | 266 | 215 | 26.7 | 3.9 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 6,067 | 673 | 700 | 622 | 77.0 | 11.1 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 5,132 | 17 | 64 | 45 | 5.4 | 0.3 | Aug 13, 2025 | J-GAAP |
| Jul - Sep, 2025 | 5,589 | 283 | 286 | 179 | 21.5 | 5.1 | Oct 30, 2025 | J-GAAP |
| Oct - Dec, 2025 | 5,577 | 233 | 242 | 172 | 20.6 | 4.2 | Feb 13, 2026 | J-GAAP |
| YoY | +8.9% | +15.9% | -9.0% | -20.0% | -23.0% |
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