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TOYO SHUTTER, 2% Increase in Ordinary Profit for The Current Fiscal Year, Despite Last Fiscal Year's Dividend Cut, This Fiscal Year to Increase Dividend
5936 TOYO SHUTTER CO.,LTD. 【J-GAAP】
Earnings ReportTOYO SHUTTER CO.,LTD. <5936> [TSE Std] 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 11.5% from the previous period to 1.21 billion yen. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to grow by 2.5% to 1.24 billion yen.
At the same time, the company has reduced the annual dividend for the previous term from 42 yen to 38 yen (compared to 31 yen in the prior term), and has decided to increase the dividend this fiscal year to 40 yen, an increase of 2 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit decreased to 0.4 billion yen, a 4.5% decrease compared to the same period last year. The operating profit margin worsened from 8.9% in the same period last year to 7.5%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 20,687 | 865 | 813 | 559 | 88.2 | 18 | May 12, 2023 | J-GAAP |
| Mar, 2024 | 21,487 | 1,480 | 1,367 | 959 | 151.5 | 31 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 20,871 | 1,301 | 1,210 | 792 | 125.2 | 38 | May 14, 2025 | J-GAAP |
| YoY | -2.9% | -12.1% | -11.5% | -17.4% | -17.4% |
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 | 20,500 | 1,450 | 1,350 | 900 | 142.1 | 42 | May 13, 2024 | J-GAAP |
| Mar, 2025 Results | 20,871 | 1,301 | 1,210 | 792 | 125.2 | 38 | May 14, 2025 | J-GAAP |
| Revision Rate | +1.8% | -10.3% | -10.4% | -12.0% | -11.9% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 9,646 | 425 | 381 | 243 | 38.5 | 0 | Oct 30, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 8,800 | 300 | 260 | 180 | 28.4 | 0 | May 14, 2025 | J-GAAP |
| YoY | -8.8% | -29.4% | -31.8% | -25.9% | -26.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 21,487 | 1,480 | 1,367 | 959 | 151.5 | 31 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 20,871 | 1,301 | 1,210 | 792 | 125.2 | 38 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 21,000 | 1,320 | 1,240 | 800 | 126.3 | 40 | May 14, 2025 | J-GAAP |
| YoY | +0.6% | +1.5% | +2.5% | +1.0% | +0.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 5,591 | 496 | 421 | 345 | 54.5 | 8.9 | May 13, 2024 | J-GAAP |
| Apr - Jun, 2024 | 4,491 | 94 | 69 | 39 | 6.2 | 2.1 | Jul 29, 2024 | J-GAAP |
| Jul - Sep, 2024 | 5,155 | 331 | 312 | 204 | 32.3 | 6.4 | Oct 30, 2024 | J-GAAP |
| Oct - Dec, 2024 | 5,339 | 435 | 427 | 287 | 45.4 | 8.1 | Jan 30, 2025 | J-GAAP |
| Jan - Mar, 2025 | 5,886 | 441 | 402 | 262 | 41.4 | 7.5 | May 14, 2025 | J-GAAP |
| YoY | +5.3% | -11.1% | -4.5% | -24.1% | -24.0% |
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