DTS Corp. (9682) on Nov. 2 lowered its sales forecast for the fiscal year ending March 2027 by 4.2% to ¥136.0 billion from ¥142.0 billion, while keeping its operating profit forecast at ¥17.0 billion and net profit forecast at ¥11.7 billion.
The company said several large product deals it had expected were lost or canceled, pushing projected sales below the forecast issued on May 1. Because those deals had only a minor impact on profit, and productivity gains in its mainstay systems integration (SI) business improved profitability, the effect of lower sales on earnings is expected to be limited. Ordinary profit is still forecast at ¥17.35 billion.
The revised sales forecast is 0.6% above the previous year's ¥135,213 million, while operating profit is projected to rise 3.4%. Forecast earnings per share were adjusted to ¥75.04 from ¥75.00, reflecting a share buyback completed on Sept. 18.
First-half results for April-September:
| Item | 1H | Change |
|---|---|---|
| Net sales | ¥64,454 million | -3.7% |
| Operating profit | ¥7,977 million | -1.3% |
| Ordinary profit | ¥8,165 million | -0.8% |
| Net profit attributable to owners of parent | ¥5,439 million | -0.5% |
First-half earnings per share were ¥34.63, versus ¥34.17 a year earlier, and the equity ratio was 74.5% at the end of September. The company set an interim dividend of ¥15 per share and maintained its year-end forecast of ¥23, for an annual total of ¥38. Subsidiary Kyushu DTS acquired all shares of System Trend, and DTS decided to invest in the JAFCO SV8 investment limited partnership operated by JAFCO.
DTS plans to file its semiannual report on Nov. 11, and payment of the interim dividend is scheduled to begin Nov. 24.
| Nihon M&A Center Holdings Inc. | |
| Shares allotted (all treasury stock) | 250,000 shares |
| Wise Holdings Co., Ltd. | |
| FY net profit forecast | ¥450 million (from ¥371 million) |
| Macnica Holdings, Inc. | |
| FY net profit forecast | ¥46.0 billion (from ¥32.0 billion) |
| Komatsu Matere | |
| Operating profit forecast | ¥2.6 billion (from ¥1.5 billion) |
| Yamato Kogyo Co., Ltd. | |
| FY net profit forecast | ¥62.0 billion (from ¥57.5 billion) |
| T.RAD Co., Ltd. | |
| FY net profit forecast | ¥8.6 billion (prev. ¥9.5 billion) |
| Nippon Ham | |
| FY business profit forecast | ¥50.0 billion (from ¥61.0 billion) |
| Toukei Densan | |
| FY net profit forecast (revised) | ¥8.32 billion |
| M&A / TOB | 9 |
| Guidance | 31 |
| Buybacks | 12 |
| Dividends | 3 |
| Capital | 32 |
| Earnings | 51 |
| People | 1 |
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