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TOKYO SEIMITSU, 4% Increase in Ordinary Profit for The Current Fiscal Year, Despite Last Fiscal Year's Dividend Increase, This Fiscal Year to Decrease Dividend
7729 TOKYO SEIMITSU CO., LTD. 【J-GAAP】
Earnings ReportTOKYO SEIMITSU CO., LTD. <7729> [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 13.2% from the previous period to 29.9 billion yen. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to grow by 3.5% to 31 billion yen.
At the same time, the company increased the annual dividend for the previous term from 228 yen to 253 yen (compared to 192 yen in the prior term), and has decided to reduce the dividend this fiscal year to 214 yen, a decrease of 39 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit decreased to 10.1 billion yen, a 10.9% decrease compared to the same period last year. The operating profit margin decreased from 23.9% in the same period last year to 22.4%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 146,801 | 34,494 | 35,297 | 23,630 | 581.3 | 235 | May 12, 2023 | J-GAAP |
| Mar, 2024 | 134,680 | 25,307 | 26,453 | 19,378 | 480.5 | 192 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 150,534 | 29,703 | 29,939 | 25,637 | 633.8 | 253 | May 9, 2025 | J-GAAP |
| YoY | +11.8% | +17.4% | +13.2% | +32.3% | +31.9% |
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 | 146,000 | 28,500 | 28,500 | 23,300 | 575.8 | 228 | Feb 4, 2025 | J-GAAP |
| Mar, 2025 Results | 150,534 | 29,703 | 29,939 | 25,637 | 633.8 | 253 | May 9, 2025 | J-GAAP |
| Revision Rate | +3.1% | +4.2% | +5.0% | +10.0% | +10.1% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 71,439 | 13,405 | 13,158 | 13,550 | 335.0 | 114 | Nov 1, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 78,500 | 15,200 | 15,200 | 10,600 | 261.3 | 107 | May 9, 2025 | J-GAAP |
| YoY | +9.9% | +13.4% | +15.5% | -21.8% | -22.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 134,680 | 25,307 | 26,453 | 19,378 | 480.5 | 192 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 150,534 | 29,703 | 29,939 | 25,637 | 633.8 | 253 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 159,000 | 31,000 | 31,000 | 21,700 | 534.8 | 214 | May 9, 2025 | J-GAAP |
| YoY | +5.6% | +4.4% | +3.5% | -15.4% | -15.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 45,785 | 10,921 | 11,395 | 8,763 | 217.3 | 23.9 | May 10, 2024 | J-GAAP |
| Apr - Jun, 2024 | 29,626 | 4,083 | 4,329 | 3,554 | 87.9 | 13.8 | Aug 2, 2024 | J-GAAP |
| Jul - Sep, 2024 | 41,813 | 9,322 | 8,829 | 9,996 | 247.1 | 22.3 | Nov 1, 2024 | J-GAAP |
| Oct - Dec, 2024 | 31,698 | 5,670 | 6,633 | 4,575 | 113.1 | 17.9 | Feb 4, 2025 | J-GAAP |
| Jan - Mar, 2025 | 47,397 | 10,628 | 10,148 | 7,512 | 185.7 | 22.4 | May 9, 2025 | J-GAAP |
| YoY | +3.5% | -2.7% | -10.9% | -14.3% | -14.5% |
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