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ISHIZUKA GLASS, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 18%, Exceeds Full-Year Plan, Current Fiscal Year Dividend Revised Upward by 5 Yen
5204 ISHIZUKA GLASS CO.,LTD. 【J-GAAP】
Earnings ReportISHIZUKA GLASS CO.,LTD. <5204> [TSE Std] announced its financial results in the afternoon session on January 30th (13:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 18.4% from the same period last year, reaching 3.98 billion yen. Progress toward the full-year plan of 3.65 billion yen is 109.2%, already exceeding the target and also exceeding the five-year average of 96.2%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit/loss for the January to March period (4Q) is expected to turn into a loss of 0.33 billion yen (compared to a profit of 0.34 billion yen in the same period last year). However, if the fourth-quarter performance remains at the same level as the first three quarters, the full-year plan may be increased.
At the same time, the company has increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 65 yen to 70 yen (compared to 65 yen in the previous period).
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit surged 2.3 times that of the same period last year, reaching 1.35 billion yen. The operating profit margin improved from 6.4% in the same period last year to 8.3%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 44,914 | 4,932 | 5,011 | 4,025 | 965.8 | 93.5 | Jan 31, 2024 | J-GAAP |
| Apr - Dec, 2024 | 43,313 | 3,426 | 3,366 | 2,544 | 609.3 | 90.7 | Jan 31, 2025 | J-GAAP |
| Apr - Dec, 2025 | 45,989 | 4,167 | 3,985 | 2,622 | 625.1 | 109.2 | Jan 30, 2026 | J-GAAP |
| YoY | +6.2% | +21.6% | +18.4% | +3.1% | +2.6% |
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2025 Prev | 29,231 | 1,091 | 1,017 | 658 | 156.4 | 65 | Oct 23, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 29,231 | 1,091 | 1,017 | 658 | 156.4 | 70 | Jan 30, 2026 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 60,000 | 4,000 | 3,650 | 2,450 | 582.5 | 65 | Oct 23, 2025 | J-GAAP |
| Mar, 2026 New | 60,000 | 4,000 | 3,650 | 2,450 | 582.5 | 70 | Jan 30, 2026 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
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 | 27,171 | 1,344 | 945 | 1,144 | 273.8 | 65 | Apr 24, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 29,231 | 1,091 | 1,017 | 658 | 156.4 | 70 | Jan 30, 2026 | J-GAAP |
| YoY | +7.6% | -18.8% | +7.6% | -42.5% | -42.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 57,882 | 5,456 | 5,362 | 4,707 | 1,129.2 | 60 | Apr 25, 2024 | J-GAAP |
| Mar, 2025 | 55,994 | 3,849 | 3,713 | 3,088 | 739.1 | 65 | Apr 24, 2025 | J-GAAP |
| Mar, 2026 Guidance | 60,000 | 4,000 | 3,650 | 2,450 | 582.5 | 70 | Jan 30, 2026 | J-GAAP |
| YoY | +7.2% | +3.9% | -1.7% | -20.7% | -21.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 14,490 | 921 | 598 | 600 | 143.7 | 6.4 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 12,681 | 423 | 347 | 544 | 130.2 | 3.3 | Apr 24, 2025 | J-GAAP |
| Apr - Jun, 2025 | 15,306 | 1,575 | 1,444 | 939 | 224.6 | 10.3 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 15,463 | 1,334 | 1,189 | 853 | 203.6 | 8.6 | Oct 23, 2025 | J-GAAP |
| Oct - Dec, 2025 | 15,220 | 1,258 | 1,352 | 830 | 197.9 | 8.3 | Jan 30, 2026 | J-GAAP |
| YoY | +5.0% | +36.6% | +126.1% | +38.3% | +37.7% |
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