AMUSE, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 13%

Fri Nov 14, 2025 3:30 pm JST Earnings

4301 AMUSE INC. 【J-GAAP】

Earnings Report

AMUSE INC. <4301> [TSE Prime] announced its financial results after the market closed on November 14th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) surged 2.5 times that of the same period last year, reaching 4.99 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 13.2%, from the previous forecast of 3.80 billion yen to 4.30 billion yen (compared to 2.96 billion yen in the previous period), increasing the growth rate from 28.2% to 45.1%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit/loss for the October to March period (second half) is expected to turn into a loss of 0.69 billion yen (compared to a profit of 0.95 billion yen in the same period last year).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased 39.0% from the same period last year, reaching 1.45 billion yen. The operating profit margin improved from 5.4% in the same period last year to 8.0%.

Kabutan News

Actual Performance and Financial Trends

Accumulated Results 2nd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Apr - Sep, 2023	22,933M	16M	141M	-163M	-9.9	7.9%	Nov 14, 2023	J-GAAP
Apr - Sep, 2024	37,235M	1,944M	2,008M	160M	9.7	67.8%	Nov 14, 2024	J-GAAP
Apr - Sep, 2025	40,205M	4,955M	4,991M	3,258M	200.4	116.1%	Nov 14, 2025	J-GAAP
YoY	+8.0%	+154.9%	+148.6%	+1,936.3%	+1,974.9%

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	ー	ー	ー	ー	ー	20	May 15, 2025	J-GAAP
Apr - Sep, 2025 Results	40,205M	4,955M	4,991M	3,258M	200.4	20	Nov 14, 2025	J-GAAP
Revision Rate	ー	ー	ー	ー	ー

Guidance Update

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2026 Prev	65,000M	3,800M	3,800M	2,500M	154.3	40	Aug 14, 2025	J-GAAP
Mar, 2026 New	65,000M	4,300M	4,300M	2,800M	172.8	40	Nov 14, 2025	J-GAAP
Revision Rate	0.0%	+13.2%	+13.2%	+12.0%	+12.0%

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	30,951M	854M	955M	1,488M	89.6	20	May 15, 2025	J-GAAP
Guidance Oct - Mar, 2025	24,795M	-655M	-691M	-458M	-28.3	20	Nov 14, 2025	J-GAAP
YoY	-19.9%	ー	ー	ー	ー

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2024	54,813M	1,367M	1,777M	391M	23.6	40	May 15, 2024	J-GAAP
Mar, 2025	68,186M	2,798M	2,963M	1,648M	99.3	40	May 15, 2025	J-GAAP
Guidance Mar, 2026	65,000M	4,300M	4,300M	2,800M	172.8	40	Nov 14, 2025	J-GAAP
YoY	-4.7%	+53.7%	+45.1%	+69.9%	+74.0%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2024	19,589M	1,065M	1,044M	25M	1.5	5.4%	Nov 14, 2024	J-GAAP
Oct - Dec, 2024	16,652M	716M	839M	457M	27.5	4.3%	Feb 14, 2025	J-GAAP
Jan - Mar, 2025	14,299M	138M	116M	1,031M	62.1	1.0%	May 15, 2025	J-GAAP
Apr - Jun, 2025	22,657M	3,554M	3,540M	2,347M	143.9	15.7%	Aug 14, 2025	J-GAAP
Jul - Sep, 2025	17,548M	1,401M	1,451M	911M	56.1	8.0%	Nov 14, 2025	J-GAAP
YoY	-10.4%	+31.5%	+39.0%	+3,544.0%	+3,611.9%