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KAWADEN, Ordinary Profit Forecast for the Fiscal Year Revised Upward to an Unexpected 50% Increase, Highest in Thirty Four Terms, Dividend Revised Upward by 100 Yen
6648 KAWADEN CORPORATION 【J-GAAP】
Guidance Update ReportKAWADEN CORPORATION <6648> [TSE Std] announced a revision to its performance and dividend after the market closed on October 29th (15:30). The ordinary profit (non-consolidated) forecast for the fiscal year ending March 2026 has been revised upward 54.4%, from the previous forecast of 2.59 billion yen to 4.00 billion yen (compared to 2.66 billion yen in the previous period), reaches new record high for the first time in thirty four terms, turning to a 50.2% increase in the ordinary profit outlook.
At the same time, the April to September period (first half) ordinary profit has been revised upward 54.4%, from the previous forecast of 1.29 billion yen to 2.00 billion yen (compared to 0.72 billion yen in the same period of the previous year), increasing the growth rate from 78.9% to 2.8 times.
In light of the strong performance, the dividend for the first half of this fiscal year has been significantly increased from the original plan of 95 yen to 145 yen, and the dividend for the second half has also been revised upwards from the original plan of 95 yen to 145 yen. The annual dividend will be 290 yen (compared to 190 yen in the previous period).
Kabutan News
Guidance Update
First Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 Prev | 12,750 | 1,300 | 1,295 | 840 | 262.3 | 95 | May 9, 2025 | J-GAAP |
| Apr - Sep, 2025 New | 13,400 | 2,000 | 2,000 | 1,300 | 405.9 | 145 | Oct 29, 2025 | J-GAAP |
| Revision Rate | +5.1% | +53.8% | +54.4% | +54.8% | +54.8% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 25,500 | 2,600 | 2,590 | 1,680 | 524.5 | 190 | May 9, 2025 | J-GAAP |
| Mar, 2026 New | 26,800 | 4,000 | 4,000 | 2,600 | 811.7 | 290 | Oct 29, 2025 | J-GAAP |
| Revision Rate | +5.1% | +53.8% | +54.4% | +54.8% | +54.8% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 10,492 | 714 | 724 | 467 | 146.1 | 40 | Nov 11, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 13,400 | 2,000 | 2,000 | 1,300 | 405.9 | 145 | Oct 29, 2025 | J-GAAP |
| YoY | +27.7% | +180.1% | +176.2% | +178.4% | +177.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 21,334 | 1,134 | 1,153 | 744 | 232.4 | 90 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 24,218 | 2,589 | 2,664 | 1,963 | 612.9 | 190 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 26,800 | 4,000 | 4,000 | 2,600 | 811.7 | 290 | Oct 29, 2025 | J-GAAP |
| YoY | +10.7% | +54.5% | +50.2% | +32.5% | +32.4% |
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