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KYCOM HOLDINGS, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 1%, Raises Record High Profit Forecast
9685 KYCOM HOLDINGS CO.,LTD. 【J-GAAP】
Earnings ReportKYCOM HOLDINGS CO.,LTD. <9685> [TSE Std] announced its financial results in the afternoon session on November 7th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) was 253 million yen, a 2.4% increase compared to the same period last year, resulting in an increase in profits compared to the previous forecast of a 19.0% decrease.
In addition, the full-year forecast for consolidated ordinary profit has been revised upward 1.4%, from the previous forecast of 700 million yen to 710 million yen (compared to 639 million yen in the previous period), increasing the growth rate from 9.5% to 11.1%, further surpassing the previous forecast of record-high profits for three consecutive terms.
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 grow 16.6% from the same period last year, reaching 457 million yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew 10.3% from the same period last year, reaching 171 million yen. The operating profit margin remained almost flat, changing from 9.0% in the same period last year to 9.3%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 2,965 | 226 | 238 | 170 | 33.6 | 41.4 | Nov 9, 2023 | J-GAAP |
| Apr - Sep, 2024 | 3,224 | 228 | 247 | 185 | 36.6 | 38.7 | Nov 7, 2024 | J-GAAP |
| Apr - Sep, 2025 | 3,485 | 230 | 253 | 202 | 39.9 | 35.6 | Nov 7, 2025 | J-GAAP |
| YoY | +8.1% | +0.9% | +2.4% | +9.2% | +9.1% |
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 | 3,460 | 170 | 200 | 130 | 25.6 | 0 | Aug 7, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 3,485 | 230 | 253 | 202 | 39.9 | 0 | Nov 7, 2025 | J-GAAP |
| Revision Rate | +0.7% | +35.3% | +26.5% | +55.4% | +55.8% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 7,260 | 640 | 700 | 470 | 92.5 | 10 | May 13, 2025 | J-GAAP |
| Mar, 2026 New | 7,270 | 650 | 710 | 500 | 98.4 | 10 | Nov 7, 2025 | J-GAAP |
| Revision Rate | +0.1% | +1.6% | +1.4% | +6.4% | +6.4% |
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 | 3,546 | 362 | 392 | 283 | 55.8 | 10 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 3,785 | 420 | 457 | 298 | 58.7 | 10 | Nov 7, 2025 | J-GAAP |
| YoY | +6.7% | +16.0% | +16.6% | +5.3% | +5.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 6,091 | 539 | 575 | 419 | 82.6 | 5 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 6,770 | 590 | 639 | 468 | 92.3 | 10 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 7,270 | 650 | 710 | 500 | 98.4 | 10 | Nov 7, 2025 | J-GAAP |
| YoY | +7.4% | +10.2% | +11.1% | +6.8% | +6.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 1,674 | 151 | 155 | 132 | 26.1 | 9.0 | Nov 7, 2024 | J-GAAP |
| Oct - Dec, 2024 | 1,704 | 185 | 203 | 133 | 26.3 | 10.9 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 1,842 | 177 | 189 | 150 | 29.6 | 9.6 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 1,708 | 65 | 82 | 56 | 11.0 | 3.8 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 1,777 | 165 | 171 | 146 | 28.8 | 9.3 | Nov 7, 2025 | J-GAAP |
| YoY | +6.2% | +9.3% | +10.3% | +10.6% | +10.5% |
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