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Toyo Seikan Group, 28% Increase in Ordinary Profit for The Current Fiscal Year, Dividend Raised by 23 yen
5901 Toyo Seikan Group Holdings, Ltd. 【J-GAAP】
Earnings ReportToyo Seikan Group Holdings, Ltd. <5901> [TSE Prime] announced its financial results after the market closed on May 14th (16:00). The consolidated ordinary profit for the fiscal year ending March 2025 decreased 3.0% from the previous period to 37.5 billion yen. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to expand to 27.8% to 48 billion yen.
At the same time, the company has decided to increase the dividend this fiscal year to 114 yen, an increase of 23 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit significantly dropped to 1.91 billion yen, a 72.0% decrease compared to the same period last year. The operating profit margin worsened from 2.9% in the same period last year to 1.6%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 906,025 | 7,396 | 13,770 | 10,363 | 57.1 | 89 | May 12, 2023 | J-GAAP |
| Mar, 2024 | 950,663 | 33,850 | 38,740 | 23,083 | 130.2 | 90 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 922,516 | 34,204 | 37,566 | 22,394 | 134.1 | 91 | May 14, 2025 | J-GAAP |
| YoY | -3.0% | +1.0% | -3.0% | -3.0% | +3.0% |
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 | 925,000 | 32,000 | 35,000 | 25,000 | 155.5 | 91 | Feb 28, 2025 | J-GAAP |
| Mar, 2025 Results | 922,516 | 34,204 | 37,566 | 22,394 | 134.1 | 91 | May 14, 2025 | J-GAAP |
| Revision Rate | -0.3% | +6.9% | +7.3% | -10.4% | -13.8% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 464,325 | 18,312 | 18,418 | 12,319 | 71.7 | 45 | Nov 8, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 485,000 | 25,000 | 26,000 | 27,000 | 179.6 | 57 | May 14, 2025 | J-GAAP |
| YoY | +4.5% | +36.5% | +41.2% | +119.2% | +150.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 950,663 | 33,850 | 38,740 | 23,083 | 130.2 | 90 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 922,516 | 34,204 | 37,566 | 22,394 | 134.1 | 91 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 960,000 | 45,000 | 48,000 | 46,000 | 305.9 | 114 | May 14, 2025 | J-GAAP |
| YoY | +4.1% | +31.6% | +27.8% | +105.4% | +128.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 236,952 | 6,791 | 6,824 | -1,128 | -6.4 | 2.9 | May 14, 2024 | J-GAAP |
| Apr - Jun, 2024 | 229,867 | 13,466 | 16,480 | 11,321 | 65.2 | 5.9 | Aug 2, 2024 | J-GAAP |
| Jul - Sep, 2024 | 234,458 | 4,846 | 1,938 | 998 | 5.8 | 2.1 | Nov 8, 2024 | J-GAAP |
| Oct - Dec, 2024 | 234,358 | 12,309 | 17,237 | 12,877 | 76.1 | 5.3 | Feb 6, 2025 | J-GAAP |
| Jan - Mar, 2025 | 223,833 | 3,583 | 1,911 | -2,802 | -16.8 | 1.6 | May 14, 2025 | J-GAAP |
| YoY | -5.5% | -47.2% | -72.0% | -148.4% | -163.7% |
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