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TAKADAKIKO(Steel Construction), 3% Decrease in Ordinary Profit for The Current Fiscal Year
5923 TAKADAKIKO(Steel Construction)CO.,LTD. 【J-GAAP】
Earnings ReportTAKADAKIKO(Steel Construction)CO.,LTD. <5923> [TSE Std] announced its financial results in the afternoon session on May 9th (13:00). The ordinary profit (non-consolidated) for the fiscal year ending March 2025 dropped 75.0% from the previous period to 360 million yen. For the fiscal year ending March 2026, the ordinary profit is expected to decrease by 2.8% from the previous period to 350 million yen.
At the same time, the company intends to pay an annual dividend of 50 yen for the current fiscal year, with the actual dividend unchanged from the previous year's dividend after taking the previous year's forward stock split into account.
In the most recent three-month period, from January to March (4Q), the ordinary profit significantly dropped to 27 million yen, a 94.2% decrease compared to the same period last year. The operating profit margin drastically worsened from 9.5% in the same period last year to 0.8%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 15,978 | 374 | 491 | 340 | 54.6 | 33.33 | May 11, 2023 | J-GAAP |
| Mar, 2024 | 19,695 | 1,348 | 1,438 | 898 | 147.6 | 50 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 18,455 | 235 | 360 | 343 | 56.8 | 50 | May 9, 2025 | J-GAAP |
| YoY | -6.3% | -82.6% | -75.0% | -61.8% | -61.5% |
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 | 18,000 | 200 | 350 | 300 | 52.0 | 50 | Oct 25, 2024 | J-GAAP |
| Mar, 2025 Results | 18,455 | 235 | 360 | 343 | 56.8 | 50 | May 9, 2025 | J-GAAP |
| Revision Rate | +2.5% | +17.5% | +2.9% | +14.3% | +9.2% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 9,291 | 176 | 252 | 260 | 42.7 | 25 | Nov 8, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 8,000 | 50 | 120 | 84 | 14.5 | 25 | May 9, 2025 | J-GAAP |
| YoY | -13.9% | -71.6% | -52.4% | -67.7% | -66.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 19,695 | 1,348 | 1,438 | 898 | 147.6 | 50 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 18,455 | 235 | 360 | 343 | 56.8 | 50 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 17,500 | 250 | 350 | 245 | 42.3 | 50 | May 9, 2025 | J-GAAP |
| YoY | -5.2% | +6.4% | -2.8% | -28.6% | -25.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 5,290 | 501 | 465 | 215 | 35.3 | 9.5 | May 10, 2024 | J-GAAP |
| Apr - Jun, 2024 | 4,566 | 19 | 95 | 61 | 10.2 | 0.4 | Aug 9, 2024 | J-GAAP |
| Jul - Sep, 2024 | 4,725 | 157 | 157 | 199 | 32.7 | 3.3 | Nov 8, 2024 | J-GAAP |
| Oct - Dec, 2024 | 4,178 | 20 | 81 | 56 | 9.2 | 0.5 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 4,986 | 39 | 27 | 27 | 4.5 | 0.8 | May 9, 2025 | J-GAAP |
| YoY | -5.7% | -92.2% | -94.2% | -87.4% | -87.3% |
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