kabutan

Shinko Wire, 23% Decrease in Ordinary Profit for The Current Fiscal Year, Despite Last Fiscal Year's Dividend Increase, This Fiscal Year to Decrease Dividend

Mon May 12, 2025 3:30 pm JST Earnings

5660 Shinko Wire Company, Ltd. 【J-GAAP】

Earnings Report

Shinko Wire Company, Ltd. <5660> [TSE Std] announced its financial results after the market closed on May 12th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 increased 15.9% from the previous period to 1.23 billion yen. However, for the fiscal year ending March 2026, the consolidated ordinary profit is expected to decrease by 23.1% from the previous period to 0.95 billion yen.

At the same time, the company increased the annual dividend for the previous term from 50 yen to 60 yen (compared to 50 yen in the prior term), and has decided to reduce the dividend this fiscal year to 45 yen, a decrease of 15 yen from the previous fiscal year.

In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit decreased to 0.13 billion yen, a 23.7% decrease compared to the same period last year. The operating profit margin worsened from 2.1% in the same period last year to 1.5%.

Kabutan News

Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 31,280 938 1,044 832 140.9 45 May 10, 2023 J-GAAP
Mar, 2024 32,726 1,023 1,066 906 153.3 50 May 9, 2024 J-GAAP
Mar, 2025 34,293 1,167 1,235 1,034 175.0 60 May 12, 2025 J-GAAP
YoY +4.8% +14.1% +15.9% +14.1% +14.2%

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 34,800 1,050 1,100 850 143.8 50 Feb 7, 2025 J-GAAP
Mar, 2025 Results 34,293 1,167 1,235 1,034 175.0 60 May 12, 2025 J-GAAP
Revision Rate -1.5% +11.1% +12.3% +21.6% +21.7%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 16,942 642 686 512 86.8 30 Nov 7, 2024 J-GAAP
Apr - Sep, 2025 Guidance 17,370 50 50 150 25.4 10 May 12, 2025 J-GAAP
YoY +2.5% -92.2% -92.7% -70.7% -70.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 32,726 1,023 1,066 906 153.3 50 May 9, 2024 J-GAAP
Mar, 2025 34,293 1,167 1,235 1,034 175.0 60 May 12, 2025 J-GAAP
Mar, 2026 Guidance 36,600 950 950 800 135.4 45 May 12, 2025 J-GAAP
YoY +6.7% -18.6% -23.1% -22.6% -22.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2024 8,629 178 177 158 26.7 2.1 May 9, 2024 J-GAAP
Apr - Jun, 2024 8,324 308 354 173 29.4 3.7 Aug 6, 2024 J-GAAP
Jul - Sep, 2024 8,618 334 332 339 57.5 3.9 Nov 7, 2024 J-GAAP
Oct - Dec, 2024 8,603 390 414 337 57.1 4.5 Feb 7, 2025 J-GAAP
Jan - Mar, 2025 8,748 135 135 185 31.3 1.5 May 12, 2025 J-GAAP
YoY +1.4% -24.2% -23.7% +17.1% +17.1%

Related Articles