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Canare Electric, 3% Decrease in Ordinary Profit for The Current Fiscal Year, Increased Previous Year's Dividend by 9 Yen, Plan to Continue the 66 Yen Policy This Fiscal Year as Well

Thu Jan 29, 2026 4:00 pm JST Earnings

5819 Canare Electric Co., Ltd. 【J-GAAP】

Earnings Report

Canare Electric Co., Ltd. <5819> [TSE Std] announced its financial results after the market closed on January 29th (16:00). The consolidated ordinary profit for the fiscal year ended December 2025 increased by 15.9% from the previous period to 1.67 billion yen. However, for the fiscal year ending December 2026, the consolidated ordinary profit is expected to decrease by 2.8% from the previous period to 1.63 billion yen.

At the same time, the company increased the annual dividend for the previous term from 57 yen to 66 yen (compared to 57 yen in the prior term), and has decided to continue with a dividend of 66 yen for the current term as well.

In the most recent three-month period, from October to December (4Q), the consolidated ordinary profit dropped to 0.25 billion yen, a 31.0% decrease compared to the same period last year. The operating profit margin significantly dropped from 10.4% in the same period last year to 6.9%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 12,872 1,668 1,739 1,188 175.3 62 Jan 26, 2024 J-GAAP
Dec, 2024 12,383 1,389 1,447 1,039 152.6 57 Jan 30, 2025 J-GAAP
Dec, 2025 13,114 1,582 1,677 1,200 175.7 66 Jan 29, 2026 J-GAAP
YoY +5.9% +13.9% +15.9% +15.5% +15.1%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2025 Guidance 12,920 1,430 1,480 1,050 153.5 57 Jan 30, 2025 J-GAAP
Dec, 2025 Results 13,114 1,582 1,677 1,200 175.7 66 Jan 29, 2026 J-GAAP
Revision Rate +1.5% +10.6% +13.3% +14.3% +14.5%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2025 6,452 893 933 646 94.8 28 Jul 30, 2025 J-GAAP
Jan - Jun, 2026 Guidance 6,350 680 750 540 78.9 33 Jan 29, 2026 J-GAAP
YoY -1.6% -23.9% -19.6% -16.4% -16.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 12,383 1,389 1,447 1,039 152.6 57 Jan 30, 2025 J-GAAP
Dec, 2025 13,114 1,582 1,677 1,200 175.7 66 Jan 29, 2026 J-GAAP
Dec, 2026 Guidance 13,200 1,480 1,630 1,180 172.5 66 Jan 29, 2026 J-GAAP
YoY +0.7% -6.4% -2.8% -1.7% -1.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 3,427 355 374 223 32.8 10.4 Jan 30, 2025 J-GAAP
Jan - Mar, 2025 3,339 508 514 387 56.8 15.2 Apr 25, 2025 J-GAAP
Apr - Jun, 2025 3,113 385 419 259 38.0 12.4 Jul 30, 2025 J-GAAP
Jul - Sep, 2025 3,348 460 486 334 48.9 13.7 Oct 30, 2025 J-GAAP
Oct - Dec, 2025 3,314 229 258 220 32.2 6.9 Jan 29, 2026 J-GAAP
YoY -3.3% -35.5% -31.0% -1.3% -1.6%

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