VIS, The Current Fiscal Year Ordinary Profit Revised Upward by 17%, Raises Record High Profit Forecast, Dividend Revised Upward by 8 yen

VIS co. ltd. <5071> [TSE Std] announced its financial results after the market closed on February 12th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) expanded 1.45 billion yen, an increase 63.3% compared to the same period last year.

In addition, the full-year consolidated ordinary profit has been revised upward 16.7%, from the previous forecast of 1.54 billion yen to 1.8 billion yen (compared to 1.5 billion yen in the previous period), increasing the growth rate from 2.3% to 19.4%, further surpassing the previous forecast of record-high profits for four 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 October to March period (2H) has been revised upward 45.1%, from the previous forecast of 0.57 billion yen to 0.83 billion yen (compared to 0.98 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 42.2% to 16.1%.

In light of the strong performance, the company has increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 36 yen to 44 yen (compared to 36 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 29.9% from the same period last year, reaching 0.48 billion yen. The operating profit margin rose from 10.7% in the same period last year to 11.5%.

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