SecuAvail Inc. Revises FY2026 Forecast — Net Profit Up 40%
SecuAvail Inc. (TSE:3042) has raised its earnings guidance for the fiscal year ending March 2026, citing improved subsidiary performance and favorable tax adjustments that will boost bottom-line profitability despite a modest revenue decline.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 1.32bn | JPY 1.28bn | -3.1% |
| Operating Profit | JPY 109M | JPY 112M | +2.8% |
| Ordinary Income | JPY 109M | JPY 115M | +5.5% |
| Net Profit | JPY 75M | JPY 105M | +40.0% |
| EPS | JPY 9.85/share | JPY 13.65/share | +JPY 3.80/share |
The company attributed the revision to stronger-than-expected revenue from depreciated software products at its subsidiary, which has improved profitability. Additionally, SecuAvail expects a smaller-than-anticipated corporate tax burden following adjustments to the subsidiary’s carryforward loss deductions in consolidated accounts. These factors combine to lift net profit attributable to parent company shareholders significantly above the prior forecast.
The revision underscores improved operational efficiency at the subsidiary level, with operating profit and ordinary income (keijo rieki)—a Japan-specific metric capturing non-operating financial items—both rising modestly. Earnings per share (EPS) is projected to jump 56.5% to JPY 13.65/share. The company maintained its dividend guidance unchanged, suggesting management views the profit improvement as sustainable rather than one-time in nature. International investors should note that the revenue contraction reflects timing and product mix shifts rather than fundamental business deterioration.
Source: Original filing (TDnet) | 日本語版
This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.