IBC posts Q1 loss but maintains forecast and plans higher dividend

Internetworking & Broadband Consulting Co., Ltd. ( (JP:3920) ) has issued an update.

Internetworking & Broadband Consulting reported non-consolidated first-quarter results for the fiscal year ending September 2026, with net sales down 11.3% year on year to 371 million yen and a swing to an operating loss of 39 million yen, resulting in a net loss of 25 million yen. Despite the weaker start and a slight decline in total assets and net assets, the equity ratio improved to 65.4%, and the company kept its full-year forecast unchanged, projecting modest sales growth but lower profits while planning to nearly double its annual dividend to 22 yen per share, signaling a continued commitment to shareholder returns.

For the full fiscal year, the company forecasts net sales of 2.7 billion yen, up 12.3%, with operating profit of 610 million yen and profit of 418 million yen, though both are expected to grow at single-digit rates amid profit margin pressure. Management also anticipates a decline in profits at the interim stage compared with the previous year, reflecting cost or investment burdens, but the unchanged guidance and higher dividend outlook suggest confidence in medium-term earnings strength and stable financial footing for stakeholders.

The most recent analyst rating on (JP:3920) stock is a Buy with a Yen1060.00 price target. To see the full list of analyst forecasts on Internetworking & Broadband Consulting Co., Ltd. stock, see the JP:3920 Stock Forecast page.

More about Internetworking & Broadband Consulting Co., Ltd.

Internetworking & Broadband Consulting Co., Ltd. is a Japan-based IT services provider listed on the Tokyo Stock Exchange, specializing in internetworking, broadband and related consulting and solutions. The company focuses on delivering network infrastructure and monitoring services to corporate clients, positioning itself within the domestic information and communications technology market.

Average Trading Volume: 9,574

Technical Sentiment Signal: Buy

Current Market Cap: Yen5.32B

See more data about 3920 stock on TipRanks’ Stock Analysis page.