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HOCHIKI, 3% Increase in Ordinary Profit, Update Record High for Fifth Consecutive Term, Increased Previous Year's Dividend by 8 yen, Plan to Continue the 80 yen Policy This Fiscal Year as Well
6745 HOCHIKI CORPORATION 【J-GAAP】
Earnings ReportHOCHIKI CORPORATION <6745> [TSE Prime] announced its financial results after the market closed on May 8th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 increased 25.1% from the previous period to 9.73 billion yen. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to grow by 2.7% to 10 billion yen, marking the fifth consecutive term of record-high profits. This will be the eighth consecutive term of profit growth.
At the same time, the company increased the annual dividend for the previous term from 72 yen to 80 yen (compared to 58 yen in the prior term), and has decided to continue with a dividend of 80 yen for the current term as well.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit amounted to 2.91 billion yen, an increase of 1.0% compared to the same period last year. The operating profit margin improved from 10.0% in the same period last year to 11.0%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 85,457 | 5,590 | 5,857 | 4,422 | 176.7 | 51 | May 10, 2023 | J-GAAP |
| Mar, 2024 | 93,485 | 7,375 | 7,782 | 5,661 | 228.2 | 58 | May 8, 2024 | J-GAAP |
| Mar, 2025 | 100,900 | 9,553 | 9,736 | 7,650 | 307.9 | 80 | May 8, 2025 | J-GAAP |
| YoY | +7.9% | +29.5% | +25.1% | +35.1% | +34.9% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 Guidance | 99,000 | 9,000 | 9,100 | 6,900 | 277.5 | 72 | Feb 6, 2025 | J-GAAP |
| Mar, 2025 Results | 100,900 | 9,553 | 9,736 | 7,650 | 307.9 | 80 | May 8, 2025 | J-GAAP |
| Revision Rate | +1.9% | +6.1% | +7.0% | +10.9% | +11.0% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 45,531 | 3,376 | 3,363 | 2,284 | 92.0 | 29 | Nov 6, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 46,000 | 3,400 | 3,400 | 2,300 | 92.5 | 40 | May 8, 2025 | J-GAAP |
| YoY | +1.0% | +0.7% | +1.1% | +0.7% | +0.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 93,485 | 7,375 | 7,782 | 5,661 | 228.2 | 58 | May 8, 2024 | J-GAAP |
| Mar, 2025 | 100,900 | 9,553 | 9,736 | 7,650 | 307.9 | 80 | May 8, 2025 | J-GAAP |
| Mar, 2026 Guidance | 100,900 | 10,000 | 10,000 | 7,200 | 289.5 | 80 | May 8, 2025 | J-GAAP |
| YoY | 0.0% | +4.7% | +2.7% | -5.9% | -6.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 27,196 | 2,708 | 2,884 | 2,194 | 88.5 | 10.0 | May 8, 2024 | J-GAAP |
| Apr - Jun, 2024 | 20,879 | 498 | 879 | 568 | 22.9 | 2.4 | Aug 5, 2024 | J-GAAP |
| Jul - Sep, 2024 | 24,652 | 2,878 | 2,484 | 1,716 | 69.1 | 11.7 | Nov 6, 2024 | J-GAAP |
| Oct - Dec, 2024 | 26,741 | 3,042 | 3,460 | 2,609 | 105.0 | 11.4 | Feb 6, 2025 | J-GAAP |
| Jan - Mar, 2025 | 28,628 | 3,135 | 2,913 | 2,757 | 111.0 | 11.0 | May 8, 2025 | J-GAAP |
| YoY | +5.3% | +15.8% | +1.0% | +25.7% | +25.4% |
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