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ICOM INC, Ordinary Profit Forecast for the Fiscal Year Revised Downward to an Unexpected 21% Decrease, Dividend Revised down by 36 Yen

Tue Nov 11, 2025 3:30 pm JST Earnings

6820 ICOM INCORPORATED 【J-GAAP】

Earnings Report

ICOM INCORPORATED <6820> [TSE Prime] announced its financial results after the market closed on November 11th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) dropped 31.4% from the same period last year to 1.00 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has decreased 30.9%, from the previous forecast of 4.46 billion yen to 3.08 billion yen (compared to 3.90 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 21.1% decrease in profit.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to decrease 14.9% from the same period last year to 2.07 billion yen.

Due to a decline in performance, the company has significantly reduced its planned annual dividend for the current fiscal year from the original plan of 96 yen to 60 yen (compared to 83 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit surged 4.0 times that of the same period last year, reaching 0.66 billion yen. However, the operating profit margin drastically worsened from 8.8% in the same period last year to 4.6%.

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Actual Results

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 18,099 1,601 2,478 1,822 127.0 56.1 Nov 9, 2023 J-GAAP
Apr - Sep, 2024 17,898 1,607 1,466 1,050 73.2 37.6 Nov 12, 2024 J-GAAP
Apr - Sep, 2025 17,012 653 1,006 432 30.1 32.7 Nov 11, 2025 J-GAAP
YoY -5.0% -59.4% -31.4% -58.9% -58.9%

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 17,010 650 1,000 430 30.0 25 Oct 17, 2025 J-GAAP
Apr - Sep, 2025 Results 17,012 653 1,006 432 30.1 25 Nov 11, 2025 J-GAAP
Revision Rate +0.0% +0.5% +0.6% +0.5% +0.5%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 40,000 4,000 4,460 3,430 239.0 96 May 13, 2025 J-GAAP
Mar, 2026 New 36,000 2,550 3,080 1,980 138.0 60 Nov 11, 2025 J-GAAP
Revision Rate -10.0% -36.3% -30.9% -42.3% -42.3%

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 19,570 2,114 2,436 1,901 132.5 58 May 13, 2025 J-GAAP
Oct - Mar, 2025 Guidance 18,988 1,897 2,074 1,548 107.9 35 Nov 11, 2025 J-GAAP
YoY -3.0% -10.3% -14.9% -18.6% -18.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 37,117 3,415 4,416 3,461 241.2 97 May 14, 2024 J-GAAP
Mar, 2025 37,468 3,721 3,902 2,951 205.6 83 May 13, 2025 J-GAAP
Mar, 2026 Guidance 36,000 2,550 3,080 1,980 138.0 60 Nov 11, 2025 J-GAAP
YoY -3.9% -31.5% -21.1% -32.9% -32.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 9,112 803 165 113 7.9 8.8 Nov 12, 2024 J-GAAP
Oct - Dec, 2024 8,715 850 1,387 979 68.2 9.8 Feb 13, 2025 J-GAAP
Jan - Mar, 2025 10,855 1,264 1,049 922 64.3 11.6 May 13, 2025 J-GAAP
Apr - Jun, 2025 8,123 243 343 261 18.2 3.0 Aug 12, 2025 J-GAAP
Jul - Sep, 2025 8,889 410 663 171 11.9 4.6 Nov 11, 2025 J-GAAP
YoY -2.4% -48.9% +301.8% +51.3% +51.3%

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