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Revision of earnings forecasts2489Adways Inc.Information and Communications, Services and Others

Notice Regarding Revisions to Earnings Forecasts and Dividend Forecast

The consolidated earnings forecast for the fiscal year ending December 2026 has been revised upward for both sales and profit. The year-end dividend has also been increased, and the annual dividend forecast has been raised to include a commemorative dividend marking the 20th anniversary of the Company's listing.

Worth reading
69In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
183
Change (%) (profit attributable to owners of parent)
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending December 2026 · Full yearPrevious forecast published 10 February 2026, in the “Summary of Financial Results for the Fiscal Year Ended December 2025”
Net Sales11,400→11,800million
+3.5%
Operating profit600→1,500million
+150.0%
Ordinary income804→1,750million
+117.7%
Profit attributable to owners of the parent530→1,500million
+183.0%
Net income per share13.56→38.38yen and sen
+183.0%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

Although the transfer of shares in consolidated subsidiaries in China and Hong Kong was expected to reduce revenue, advertising demand increased from brand advertisers and manga app operators using UNICORN, financial companies using JANet, and clients in the game app and manga app sectors, while selling, general and administrative expenses were held in check.

Previous-period resultsFiscal year ended December 2025: sales of ¥12,219 million, operating profit of ¥297 million, ordinary profit of ¥607 million, profit attributable to owners of parent of ¥252 million, and earnings per share of ¥6.47
Dividend forecast revisionThe year-end dividend has been revised from ¥6.57 per share to an ordinary dividend of ¥7.06 per share. Adding a commemorative dividend of ¥5.00 per share marking the 20th anniversary of the Company's listing, the annual dividend will be ¥12.06 per share.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥11,400 million → ¥11,800 million(+3.5%)
Operating profit¥600 million → ¥1,500 million(+150.0%)
Ordinary income¥804 million → ¥1,750 million(+117.7%)
Profit attributable to owners of the parent¥530 million → ¥1,500 million(+183.0%)
Net income per share13.56 yen and sen → 38.38 yen and sen
Fiscal Period CoveredFiscal year ending December 2026
Period CoveredFull year
Publication date of previous forecast10 February 2026, in the “Summary of Financial Results for the Fiscal Year Ended December 2025”
Previous-period resultsFiscal year ended December 2025: sales of ¥12,219 million, operating profit of ¥297 million, ordinary profit of ¥607 million, profit attributable to owners of parent of ¥252 million, and earnings per share of ¥6.47
Reason for the revisionAlthough the transfer of shares in consolidated subsidiaries in China and Hong Kong was expected to reduce revenue, advertising demand increased from brand advertisers and manga app operators using UNICORN, financial companies using JANet, and clients in the game app and manga app sectors, while selling, general and administrative expenses were held in check.
Dividend forecast revisionThe year-end dividend has been revised from ¥6.57 per share to an ordinary dividend of ¥7.06 per share. Adding a commemorative dividend of ¥5.00 per share marking the 20th anniversary of the Company's listing, the annual dividend will be ¥12.06 per share.
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Details and amount of extraordinary loss

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Although the transfer of shares in consolidated subsidiaries in China and Hong Kong was expected to reduce revenue, advertising demand related to UNICORN, JANet, game apps and manga apps increased, while selling, general and administrative expenses were held in check. As a result, sales and profit are expected to exceed the previous forecasts. The dividend was increased due to the upward revision to the earnings forecast, the dividend policy targeting a DOE of 2% or more, and the commemorative dividend marking the 20th anniversary of the Company's listing.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Revisions to Earnings Forecasts and Dividend Forecast | Adways Inc. (2489) timely disclosure | Komori