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SANKYO, First Half Ordinary Profit Increases by 9%
6417 SANKYO CO.,LTD. 【J-GAAP】
Earnings ReportSANKYO CO.,LTD. <6417> [TSE Prime] announced its financial results at noon (11:30) on November 6th. The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 8.7% from the same period last year, reaching 39.9 billion yen. Progress toward the full-year plan of 64.0 billion yen was 62.4%, also surpassing the five-year average of 38.7%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to drop 36.5% from the same period last year to 24.0 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 15.5 billion yen, an 18.8% decrease compared to the same period last year. The operating profit margin decreased from 39.2% in the same period last year to 33.6%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 116,190 | 45,460 | 45,863 | 32,787 | 113.1 | 62.7 | Nov 7, 2023 | J-GAAP |
| Apr - Sep, 2024 | 90,729 | 36,288 | 36,740 | 26,235 | 119.5 | 49.3 | Nov 7, 2024 | J-GAAP |
| Apr - Sep, 2025 | 100,409 | 39,038 | 39,949 | 28,773 | 135.6 | 62.4 | Nov 6, 2025 | J-GAAP |
| YoY | +10.7% | +7.6% | +8.7% | +9.7% | +13.5% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 Guidance | 100,000 | 38,000 | 39,000 | 28,000 | 136.7 | 45 | Sep 19, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 100,409 | 39,038 | 39,949 | 28,773 | 135.6 | 45 | Nov 6, 2025 | J-GAAP |
| Revision Rate | +0.4% | +2.7% | +2.4% | +2.8% | -0.8% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 101,092 | 37,317 | 37,847 | 27,757 | 126.4 | 60 | May 12, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 84,591 | 23,962 | 24,051 | 15,227 | 77.2 | 45 | Nov 6, 2025 | J-GAAP |
| YoY | -16.3% | -35.8% | -36.5% | -45.1% | -38.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 199,099 | 72,495 | 73,182 | 53,791 | 203.8 | 80 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 191,821 | 73,605 | 74,587 | 53,992 | 245.9 | 100 | May 12, 2025 | J-GAAP |
| Mar, 2026 Guidance | 185,000 | 63,000 | 64,000 | 44,000 | 223.1 | 90 | Sep 19, 2025 | J-GAAP |
| YoY | -3.6% | -14.4% | -14.2% | -18.5% | -9.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 48,519 | 19,015 | 19,165 | 13,732 | 62.6 | 39.2 | Nov 7, 2024 | J-GAAP |
| Oct - Dec, 2024 | 62,971 | 26,154 | 26,447 | 19,273 | 87.8 | 41.5 | Feb 4, 2025 | J-GAAP |
| Jan - Mar, 2025 | 38,121 | 11,163 | 11,400 | 8,484 | 38.6 | 29.3 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 55,185 | 23,851 | 24,391 | 17,447 | 80.4 | 43.2 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 45,224 | 15,187 | 15,558 | 11,326 | 53.4 | 33.6 | Nov 6, 2025 | J-GAAP |
| YoY | -6.8% | -20.1% | -18.8% | -17.5% | -14.7% |
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