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SHINOBU FOODS PRODUCTS, 1% Increase in Ordinary Profit for The Current Fiscal Year, Dividend Raised by 3 yen
2903 SHINOBU FOODS PRODUCTS CO.,LTD. 【J-GAAP】
Earnings ReportSHINOBU FOODS PRODUCTS CO.,LTD. <2903> [TSE Std] announced its financial results in the afternoon session on May 9th (14:00). The consolidated ordinary profit for the fiscal year ending March 2025 decreased 1.7% from the previous period to 2.36 billion yen. For the fiscal year ending March 2026, the consolidated ordinary profit is nearly flat with a slight increase of 0.5% to 2.38 billion yen. This will be the fifth consecutive term of revenue growth.
At the same time, the company has decided to increase the dividend this fiscal year to 30 yen, an increase of 3 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit grew 19.9% from the same period last year, reaching 0.42 billion yen. The operating profit margin improved from 2.7% in the same period last year to 3.0%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 51,047 | 1,876 | 1,904 | 103 | 8.3 | 21 | May 11, 2023 | J-GAAP |
| Mar, 2024 | 54,825 | 2,369 | 2,409 | 1,167 | 94.7 | 25 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 57,651 | 2,332 | 2,367 | 996 | 82.1 | 27 | May 9, 2025 | J-GAAP |
| YoY | +5.2% | -1.6% | -1.7% | -14.7% | -13.3% |
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 | 57,651 | 2,332 | 2,367 | 985 | 81.1 | 27 | Apr 15, 2025 | J-GAAP |
| Mar, 2025 Results | 57,651 | 2,332 | 2,367 | 996 | 82.1 | 27 | May 9, 2025 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | +1.1% | +1.2% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 28,569 | 1,221 | 1,249 | 937 | 76.3 | 12.50 | Nov 8, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 29,800 | 1,260 | 1,280 | 950 | 83.5 | 15 | May 9, 2025 | J-GAAP |
| YoY | +4.3% | +3.2% | +2.5% | +1.4% | +9.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 54,825 | 2,369 | 2,409 | 1,167 | 94.7 | 25 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 57,651 | 2,332 | 2,367 | 996 | 82.1 | 27 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 60,000 | 2,360 | 2,380 | 1,600 | 143.5 | 30 | May 9, 2025 | J-GAAP |
| YoY | +4.1% | +1.2% | +0.5% | +60.6% | +74.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 13,277 | 353 | 351 | -296 | -24.0 | 2.7 | May 10, 2024 | J-GAAP |
| Apr - Jun, 2024 | 13,941 | 616 | 649 | 464 | 37.7 | 4.4 | Aug 6, 2024 | J-GAAP |
| Jul - Sep, 2024 | 14,628 | 605 | 600 | 473 | 38.5 | 4.1 | Nov 8, 2024 | J-GAAP |
| Oct - Dec, 2024 | 14,866 | 689 | 697 | 510 | 41.7 | 4.6 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 14,216 | 422 | 421 | -451 | -37.2 | 3.0 | May 9, 2025 | J-GAAP |
| YoY | +7.1% | +19.5% | +19.9% | -52.4% | -54.8% |
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