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Revision of earnings forecasts4765SBI Global Asset Management Co.,Ltd.Financials (excluding banks)

Full-Year Consolidated Results for the Fiscal Year Ending March 2026 Came in Above Forecast: Assets Under Management Expanded More Than Expected, Bringing Results Above the Published Forecast in a Short Period

Full-year consolidated results for the fiscal year ending March 2026 exceeded the previous forecast by ¥859 million in revenue, ¥604 million in operating profit, ¥689 million in ordinary profit and ¥423 million in net income attributable to owners of the parent. The profit outperformance rate was 13.3–16.0%.

Worth reading
57In 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
16
%
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full year
Net Sales27,000→27,859Millions of yen
+3.2%
Operating profit4,550→5,154Millions of yen
+13.3%
Ordinary income4,900→5,589Millions of yen
+14.1%
Profit attributable to owners of the parent2,650→3,073Millions of yen
+16.0%

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

Cash inflows at the 3 domestic asset management subsidiaries progressed extremely smoothly, resulting in greater-than-expected growth in assets under management and strengthening of the earnings base. The company cited strategic measures, including making subsidiaries wholly owned and carrying out absorption-type mergers, the solid performance of each consolidated subsidiary, and the fact that, although unstable market conditions had been anticipated, cash inflows actually progressed smoothly.

Previous-period resultsRevenue: ¥11,568 million; operating profit: ¥2,269 million; ordinary profit: ¥2,565 million; net income attributable to owners of the parent: ¥1,646 million (fiscal year ended March 2025)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales27,000 Millions of yen → 27,859 Millions of yen(3.2%)
Operating profit4,550 Millions of yen → 5,154 Millions of yen(13.3%)
Ordinary income4,900 Millions of yen → 5,589 Millions of yen(14.1%)
Profit attributable to owners of the parent2,650 Millions of yen → 3,073 Millions of yen(16.0%)
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Previous-period resultsRevenue: ¥11,568 million; operating profit: ¥2,269 million; ordinary profit: ¥2,565 million; net income attributable to owners of the parent: ¥1,646 million (fiscal year ended March 2025)
Reason for the revisionCash inflows at the 3 domestic asset management subsidiaries progressed extremely smoothly, resulting in greater-than-expected growth in assets under management and strengthening of the earnings base. The company cited strategic measures, including making subsidiaries wholly owned and carrying out absorption-type mergers, the solid performance of each consolidated subsidiary, and the fact that, although unstable market conditions had been anticipated, cash inflows actually progressed smoothly.
Consolidated / non-consolidatedConsolidated
Items this document does not state (4)
Net income per sharePublication date of previous forecastDetails and amount of extraordinary lossDividend forecast revision

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.

Cash inflows at the 3 domestic asset management subsidiaries progressed extremely smoothly, resulting in greater-than-expected growth in assets under management and strengthening of the earnings base. The company also cited strategic measures, including making subsidiaries wholly owned and carrying out absorption-type mergers, the solid performance of each consolidated subsidiary, and the fact that the impact of the unstable market conditions it had anticipated was actually limited.

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Full-Year Consolidated Results for the Fiscal Year Ending March 2026 Came in Above Forecast: Assets Under Management Expanded More Than Expected, Bringing Results Above the Published Forecast in a Short Period | SBI Global Asset Management Co.,Ltd. (4765) timely disclosure | Komori