BASE Inc, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 22%, Raises Record High Profit Forecast, Dividend Revised to 4 Yen

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Thu Nov 6, 2025 3:30 pm JST Earnings

4477 BASE,Inc. 【J-GAAP】

Earnings Report

BASE,Inc. <4477> [TSE Growth] announced its financial results after the market closed on November 6th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2025 (January to September) expanded 1.17 billion yen, an increase 44.2% compared to the same period last year.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 22.4%, from the previous forecast of 0.98 billion yen to 1.20 billion yen (compared to 0.79 billion yen in the previous period), increasing the growth rate from 23.6% to 51.3%, further surpassing the previous forecast of record-high profits for two consecutive terms.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the July to December period (second half) is expected to increase 54.3%, from the previous forecast of 0.40 billion yen to 0.62 billion yen (compared to 0.28 billion yen in the same period of the previous year), increasing the growth rate from 44.1% to 2.2 times.

In light of the strong performance, the company, which had previously planned no dividend for the current fiscal year, has decided to implement a year-end lump-sum dividend of 4 yen (compared to no dividend in the prior term).

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit increased 99.0% from the same period last year, reaching 0.59 billion yen. The operating profit margin significantly improved from 7.3% in the same period last year to 11.7%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Jan - Sep, 2023	8,336	-420	-410	-514	-4.5	ー	Nov 7, 2023	J-GAAP
Jan - Sep, 2024	11,297	799	814	687	6.0	102.3	Nov 6, 2024	J-GAAP
Jan - Sep, 2025	14,052	1,145	1,174	906	7.9	97.5	Nov 6, 2025	J-GAAP
YoY	+24.4%	+43.3%	+44.2%	+31.9%	+32.0%

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul - Dec, 2025 Prev	10,456	430	405	801	7.0	0	Aug 5, 2025	J-GAAP
Jul - Dec, 2025 New	11,692	609	625	995	8.6	4	Nov 6, 2025	J-GAAP
Revision Rate	+11.8%	+41.6%	+54.3%	+24.2%	+24.1%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2025 Prev	19,600	1,000	984	1,247	10.8	0	Feb 14, 2025	J-GAAP
Dec, 2025 New	20,836	1,179	1,204	1,441	12.5	4	Nov 6, 2025	J-GAAP
Revision Rate	+6.3%	+17.9%	+22.4%	+15.6%	+15.5%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul - Dec, 2024	8,656	264	281	-111	-1.0	0	Feb 14, 2025	J-GAAP
Jul - Dec, 2025 Guidance	11,692	609	625	995	8.6	4	Nov 6, 2025	J-GAAP
YoY	+35.1%	+130.7%	+122.4%	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2023	11,680	-425	-409	-606	-5.3	0	Feb 8, 2024	J-GAAP
Dec, 2024	15,981	772	796	340	2.9	0	Feb 14, 2025	J-GAAP
Dec, 2025 Guidance	20,836	1,179	1,204	1,441	12.5	4	Nov 6, 2025	J-GAAP
YoY	+30.4%	+52.7%	+51.3%	+323.8%	+325.9%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2024	3,972	291	299	236	2.1	7.3	Nov 6, 2024	J-GAAP
Oct - Dec, 2024	4,684	-27	-18	-347	-3.0	-0.6	Feb 14, 2025	J-GAAP
Jan - Mar, 2025	4,571	389	412	322	2.8	8.5	May 8, 2025	J-GAAP
Apr - Jun, 2025	4,573	181	167	124	1.1	4.0	Aug 5, 2025	J-GAAP
Jul - Sep, 2025	4,908	575	595	460	4.0	11.7	Nov 6, 2025	J-GAAP
YoY	+23.6%	+97.6%	+99.0%	+94.9%	+95.1%