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Tensho Electric Industries, 45% Decrease in Ordinary Profit for The Current Fiscal Year
6776 Tensho Electric Industries Co., Ltd. 【J-GAAP】
Earnings ReportTensho Electric Industries Co., Ltd. <6776> [TSE Std] announced its financial results after the market closed on May 15th (16:00). The consolidated ordinary profit for the fiscal year ending March 2025 decreased 17.5% from the previous period to 1.09 billion yen. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to drop by 45.0% from the previous period to 0.6 billion yen.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit increased 31.4% from the same period last year, reaching 0.32 billion yen. The operating profit margin improved from 2.6% in the same period last year to 4.7%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 23,899 | 604 | 752 | 612 | 36.0 | 3 | May 15, 2023 | J-GAAP |
| Mar, 2024 | 26,905 | 1,062 | 1,322 | 948 | 55.8 | 5 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 27,885 | 914 | 1,079 | 1,264 | 74.3 | 5 | May 15, 2025 | J-GAAP |
| YoY | +3.6% | -13.9% | -18.4% | +33.3% | +33.3% |
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 | 28,500 | 1,000 | 1,000 | 600 | 35.3 | 5 | Nov 14, 2024 | J-GAAP |
| Mar, 2025 Results | 27,885 | 914 | 1,079 | 1,264 | 74.3 | 5 | May 15, 2025 | J-GAAP |
| Revision Rate | -2.2% | -8.6% | +7.9% | +110.7% | +110.8% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 13,667 | 291 | 309 | 174 | 10.3 | 0 | Nov 14, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 10,500 | 150 | 150 | 100 | 5.9 | 0 | May 15, 2025 | J-GAAP |
| YoY | -23.2% | -48.5% | -51.5% | -42.5% | -42.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 26,905 | 1,062 | 1,322 | 948 | 55.8 | 5 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 27,885 | 914 | 1,079 | 1,264 | 74.3 | 5 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 22,000 | 600 | 600 | 400 | 23.5 | 5 | May 15, 2025 | J-GAAP |
| YoY | -21.1% | -34.4% | -44.4% | -68.4% | -68.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 6,632 | 170 | 245 | 152 | 8.9 | 2.6 | May 15, 2024 | J-GAAP |
| Apr - Jun, 2024 | 6,443 | 150 | 259 | 162 | 9.6 | 2.3 | Aug 9, 2024 | J-GAAP |
| Jul - Sep, 2024 | 7,224 | 141 | 50 | 12 | 0.7 | 2.0 | Nov 14, 2024 | J-GAAP |
| Oct - Dec, 2024 | 7,269 | 308 | 460 | 272 | 16.0 | 4.2 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 6,949 | 315 | 310 | 818 | 48.1 | 4.5 | May 15, 2025 | J-GAAP |
| YoY | +4.8% | +85.3% | +26.5% | +438.2% | +438.1% |
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