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Internetworking and Broadband Consulting, 6% Increase in Ordinary Profit, Update Record High for Third Consecutive Term, Dividend Raised by 10 Yen
3920 Internetworking and Broadband Consulting Co.,Ltd. 【J-GAAP】
Earnings ReportInternetworking and Broadband Consulting Co.,Ltd. <3920> [TSE Std] announced its financial results after the market closed on November 13th (15:30). The ordinary profit (non-consolidated) for the fiscal year ended September 2025 expanded to 39.7% from the previous period consolidated to 574 million yen. For the fiscal year ending September 2026, the ordinary profit is expected to grow by 5.9% to 608 million yen, marking the third consecutive term of record-high profits. This will be the fourth consecutive term of revenue and the third consecutive term of profit growth.
At the same time, the company has decided to significantly increase the dividend this fiscal year to 22 yen, an increase of 10 yen from the previous fiscal year.
In the most recent three-month period, from July to September (4Q), the ordinary profit increased 49.1% from the same period last year, reaching 170 million yen. The operating profit margin jumped from 15.9% in the same period last year to 23.0%.
Note: Since the fiscal year ending September 2025, the company has transitioned to non-consolidated financial statements.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep, 2023 | 1,900 | 212 | 234 | 70 | 12.7 | 6 | Nov 14, 2023 | J-GAAP |
| Sep, 2024 | 2,184 | 382 | 411 | 251 | 45.5 | 8 | Nov 14, 2024 | J-GAAP |
| Sep, 2025 | 2,404 | 565 | 574 | 410 | 74.1 | 12 | Nov 13, 2025 | J-GAAP |
| YoY | +10.1% | +47.9% | +39.7% | +63.3% | +62.8% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep, 2025 Guidance | 2,410 | 540 | 550 | 390 | 70.2 | 12 | Aug 8, 2025 | J-GAAP |
| Sep, 2025 Results | 2,404 | 565 | 574 | 410 | 74.1 | 12 | Nov 13, 2025 | J-GAAP |
| Revision Rate | -0.2% | +4.6% | +4.4% | +5.1% | +5.5% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 1,073 | 252 | 262 | 184 | 33.4 | 6 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 1,100 | 210 | 209 | 145 | 26.1 | 11 | Nov 13, 2025 | J-GAAP |
| YoY | +2.5% | -16.7% | -20.2% | -21.2% | -21.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep, 2024 | 2,184 | 382 | 411 | 251 | 45.5 | 8 | Nov 14, 2024 | J-GAAP |
| Sep, 2025 | 2,404 | 565 | 574 | 410 | 74.1 | 12 | Nov 13, 2025 | J-GAAP |
| Sep, 2026 Guidance | 2,700 | 610 | 608 | 418 | 75.2 | 22 | Nov 13, 2025 | J-GAAP |
| YoY | +12.3% | +8.0% | +5.9% | +2.0% | +1.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 634 | 101 | 114 | 123 | 22.3 | 15.9 | Nov 14, 2024 | J-GAAP |
| Oct - Dec, 2024 | 419 | 13 | 12 | 10 | 1.9 | 3.1 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 654 | 239 | 250 | 174 | 31.6 | 36.5 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 582 | 141 | 142 | 99 | 17.9 | 24.2 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 749 | 172 | 170 | 127 | 22.9 | 23.0 | Nov 13, 2025 | J-GAAP |
| YoY | +18.1% | +70.3% | +49.1% | +3.3% | +2.9% |
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