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ISB, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 20%, Dividend Revised Upward by 1 Yen
9702 ISB CORPORATION 【J-GAAP】
Earnings ReportISB CORPORATION <9702> [TSE Prime] announced its financial results after the market closed on August 7th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending December 2025 (January to June) decreased 9.5% from the same period last year to 1.42 billion yen.
However, the full-year forecast for consolidated ordinary profit has been revised upward 19.6%, from the previous forecast of 2.30 billion yen to 2.75 billion yen (compared to 2.89 billion yen in the previous period), and the declining rate is expected to decrease from 20.5% to 4.9%.
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 July to December period (second half) is expected to nearly flat at 1.33 billion yen, up 0.5% from the same period last year.
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 54 yen to 55 yen (compared to 54 yen in the previous period).
In the most recent three-month period, from April to June (2Q), the consolidated ordinary profit dropped to 0.28 billion yen, a 35.7% decrease compared to the same period last year. The operating profit margin worsened from 5.3% in the same period last year to 3.1%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2023 | 15,919 | 1,315 | 1,340 | 762 | 66.9 | 47.7 | Jul 31, 2023 | J-GAAP |
| Jan - Jun, 2024 | 16,673 | 1,537 | 1,569 | 1,120 | 98.0 | 54.3 | Jul 30, 2024 | J-GAAP |
| Jan - Jun, 2025 | 18,439 | 1,402 | 1,420 | 781 | 68.3 | 51.6 | Aug 7, 2025 | J-GAAP |
| YoY | +10.6% | -8.8% | -9.5% | -30.3% | -30.3% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 Guidance | 17,700 | 950 | 980 | 670 | 58.5 | 0 | Feb 14, 2025 | J-GAAP |
| Jan - Jun, 2025 Results | 18,439 | 1,402 | 1,420 | 781 | 68.3 | 0 | Aug 7, 2025 | J-GAAP |
| Revision Rate | +4.2% | +47.6% | +44.9% | +16.6% | +16.8% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2025 Prev | 36,100 | 2,200 | 2,300 | 1,570 | 137.0 | 54 | Feb 14, 2025 | J-GAAP |
| Dec, 2025 New | 36,900 | 2,660 | 2,750 | 1,690 | 147.4 | 55 | Aug 7, 2025 | J-GAAP |
| Revision Rate | +2.2% | +20.9% | +19.6% | +7.6% | +7.6% |
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 | 17,281 | 1,263 | 1,323 | 912 | 79.8 | 54 | Feb 14, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 18,461 | 1,258 | 1,330 | 909 | 79.3 | 55 | Aug 7, 2025 | J-GAAP |
| YoY | +6.8% | -0.4% | +0.5% | -0.3% | -0.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 32,388 | 2,734 | 2,810 | 1,472 | 129.1 | 42 | Feb 14, 2024 | J-GAAP |
| Dec, 2024 | 33,954 | 2,800 | 2,892 | 2,032 | 177.8 | 54 | Feb 14, 2025 | J-GAAP |
| Dec, 2025 Guidance | 36,900 | 2,660 | 2,750 | 1,690 | 147.4 | 55 | Aug 7, 2025 | J-GAAP |
| YoY | +8.7% | -5.0% | -4.9% | -16.8% | -17.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2024 | 8,142 | 432 | 437 | 360 | 31.5 | 5.3 | Jul 30, 2024 | J-GAAP |
| Jul - Sep, 2024 | 8,365 | 616 | 623 | 430 | 37.6 | 7.4 | Oct 30, 2024 | J-GAAP |
| Oct - Dec, 2024 | 8,916 | 647 | 700 | 482 | 42.2 | 7.3 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 9,712 | 1,131 | 1,139 | 726 | 63.5 | 11.6 | May 8, 2025 | J-GAAP |
| Apr - Jun, 2025 | 8,727 | 271 | 281 | 55 | 4.8 | 3.1 | Aug 7, 2025 | J-GAAP |
| YoY | +7.2% | -37.3% | -35.7% | -84.7% | -84.7% |
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