CRESCO, 14% Increase in Ordinary Profit, Update Record High for Fourteenth Consecutive Term, Increased Previous Year's Dividend by 2 yen, This Fiscal Year to Increase Dividend by 16 yen

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Fri May 9, 2025 4:00 pm JST Earnings

4674 CRESCO LTD. 【J-GAAP】

Earnings Report

CRESCO LTD. <4674> [TSE Prime] announced its financial results after the market closed on May 9th (16:00). The consolidated ordinary profit for the fiscal year ending March 2025 increased 11.2% from the previous period to 6.29 billion yen. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to grow by 13.5% to 7.14 billion yen, marking the fourteenth consecutive term of record-high profits. This will be the sixteenth consecutive term of revenue and profit growth.

At the same time, the company increased the annual dividend for the previous term from 40 yen to 42 yen (compared to 52 yen before the 2-for-1 forward stock split in the previous term), and has decided to increase the dividend this fiscal year to 58 yen, an increase of 16 yen from the previous fiscal year.

In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit grew 5.3% from the same period last year, reaching 1.86 billion yen. However, the operating profit margin decreased from 12.8% in the same period last year to 11.7%.

Kabutan News

Actual Results

Historical Performance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	48,368	4,998	5,135	3,328	79.1	25	May 10, 2023	J-GAAP
Mar, 2024	52,755	5,121	5,658	3,728	90.1	26	May 10, 2024	J-GAAP
Mar, 2025	58,760	5,983	6,290	4,405	106.9	42	May 9, 2025	J-GAAP
YoY	+11.4%	+16.8%	+11.2%	+18.2%	+18.7%

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	58,500	5,900	6,000	4,000	97.0	40	Mar 19, 2025	J-GAAP
Mar, 2025 Results	58,760	5,983	6,290	4,405	106.9	42	May 9, 2025	J-GAAP
Revision Rate	+0.4%	+1.4%	+4.8%	+10.1%	+10.2%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024	28,506	2,608	2,763	1,879	44.9	19	Nov 6, 2024	J-GAAP
Apr - Sep, 2025 Guidance	31,100	2,870	2,890	1,950	47.3	29	May 9, 2025	J-GAAP
YoY	+9.1%	+10.0%	+4.6%	+3.8%	+5.4%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2024	52,755	5,121	5,658	3,728	90.1	26	May 10, 2024	J-GAAP
Mar, 2025	58,760	5,983	6,290	4,405	106.9	42	May 9, 2025	J-GAAP
Mar, 2026 Guidance	64,000	7,000	7,140	4,900	118.8	58	May 9, 2025	J-GAAP
YoY	+8.9%	+17.0%	+13.5%	+11.2%	+11.2%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jan - Mar, 2024	14,211	1,823	1,771	1,330	32.1	12.8	May 10, 2024	J-GAAP
Apr - Jun, 2024	13,758	870	1,027	756	18.4	6.3	Aug 6, 2024	J-GAAP
Jul - Sep, 2024	14,748	1,738	1,736	1,123	26.8	11.8	Nov 6, 2024	J-GAAP
Oct - Dec, 2024	14,596	1,546	1,663	1,047	25.4	10.6	Feb 6, 2025	J-GAAP
Jan - Mar, 2025	15,658	1,829	1,864	1,479	35.9	11.7	May 9, 2025	J-GAAP
YoY	+10.2%	+0.3%	+5.3%	+11.2%	+11.7%