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YELLOW HAT, 2% Increase in Ordinary Profit, Update Record High for Second Consecutive Term, Increased Previous Year's Dividend by 30 yen, This Fiscal Year to Increase Dividend
9882 YELLOW HAT LTD. 【J-GAAP】
Earnings ReportYELLOW HAT LTD. <9882> [TSE Prime] announced its financial results after the market closed on May 9th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 increased 5.5% from the previous period to 16.8 billion yen. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to grow by 2.1% to 17.2 billion yen, marking the second consecutive term of record-high profits.
At the same time, the company increased the annual dividend for the previous term from 70 yen to 100 yen (compared to 66 yen in the prior term), and the annual dividend for this fiscal year is 58 yen, taking into account the forward stock split scheduled to be allocated on March 31, this dividend represents an actual increase of 16.0%.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit decreased to 2.63 billion yen, a 5.0% decrease compared to the same period last year. The operating profit margin worsened from 7.6% in the same period last year to 6.7%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 147,157 | 15,250 | 16,305 | 10,665 | 115.5 | 31 | May 9, 2023 | J-GAAP |
| Mar, 2024 | 146,641 | 14,475 | 15,964 | 10,259 | 111.0 | 33 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 154,066 | 15,450 | 16,838 | 11,260 | 123.6 | 50 | May 9, 2025 | J-GAAP |
| YoY | +5.1% | +6.7% | +5.5% | +9.8% | +11.3% |
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 | 150,000 | 15,000 | 16,400 | 10,500 | 118.5 | 35 | May 10, 2024 | J-GAAP |
| Mar, 2025 Results | 154,066 | 15,450 | 16,838 | 11,260 | 123.6 | 50 | May 9, 2025 | J-GAAP |
| Revision Rate | +2.7% | +3.0% | +2.7% | +7.2% | +4.3% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 69,291 | 5,353 | 5,920 | 3,969 | 42.9 | 17.50 | Oct 31, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 77,000 | 5,500 | 6,100 | 4,000 | 45.9 | 29 | May 9, 2025 | J-GAAP |
| YoY | +11.1% | +2.7% | +3.0% | +0.8% | +6.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 146,641 | 14,475 | 15,964 | 10,259 | 111.0 | 33 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 154,066 | 15,450 | 16,838 | 11,260 | 123.6 | 50 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 170,000 | 15,900 | 17,200 | 11,400 | 132.3 | 58 | May 9, 2025 | J-GAAP |
| YoY | +10.3% | +2.9% | +2.1% | +1.2% | +7.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 33,087 | 2,509 | 2,774 | 1,283 | 13.9 | 7.6 | May 10, 2024 | J-GAAP |
| Apr - Jun, 2024 | 34,672 | 3,117 | 3,463 | 2,256 | 24.4 | 9.0 | Jul 31, 2024 | J-GAAP |
| Jul - Sep, 2024 | 34,619 | 2,236 | 2,457 | 1,713 | 18.5 | 6.5 | Oct 31, 2024 | J-GAAP |
| Oct - Dec, 2024 | 49,858 | 7,766 | 8,282 | 5,758 | 62.7 | 15.6 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 34,917 | 2,331 | 2,636 | 1,533 | 16.8 | 6.7 | May 9, 2025 | J-GAAP |
| YoY | +5.5% | -7.1% | -5.0% | +19.5% | +21.1% |
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