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YONDENKO, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 13%, Dividend Revised Upward by 7 Yen
1939 YONDENKO CORPORATION 【J-GAAP】
Earnings ReportYONDENKO CORPORATION <1939> [TSE Prime] announced its financial results after the market closed on January 30th (16:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 9.7% from the same period last year to 5.88 billion yen.
However, the full-year forecast for consolidated ordinary profit has been revised upward 13.3%, from the previous forecast of 7.50 billion yen to 8.50 billion yen (compared to 8.53 billion yen in the previous period), and the declining rate is expected to decrease from 12.1% to 0.4%.
Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) is expected to increase 27.8%, from the previous forecast of 3.59 billion yen to 4.59 billion yen (compared to 3.76 billion yen in the same period of the previous year), turning to a 22.1% increase in the consolidated ordinary profit outlook.
In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 65 yen to 72 yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 13.5% from the same period last year, reaching 1.98 billion yen. The operating profit margin improved from 6.7% in the same period last year to 7.8%.
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 | 63,061 | 4,352 | 4,654 | 3,062 | 64.8 | 66.4 | Jan 31, 2024 | J-GAAP |
| Apr - Dec, 2024 | 75,112 | 6,242 | 6,513 | 3,920 | 83.0 | 76.3 | Jan 31, 2025 | J-GAAP |
| Apr - Dec, 2025 | 68,130 | 5,552 | 5,881 | 4,035 | 85.3 | 69.2 | Jan 30, 2026 | J-GAAP |
| YoY | -9.3% | -11.1% | -9.7% | +2.9% | +2.8% |
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 | 56,397 | 3,365 | 3,599 | 2,341 | 49.5 | 33 | Oct 31, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 56,397 | 4,365 | 4,599 | 3,341 | 70.6 | 40 | Jan 30, 2026 | J-GAAP |
| Revision Rate | 0.0% | +29.7% | +27.8% | +42.7% | +42.7% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 100,000 | 7,000 | 7,500 | 5,000 | 105.6 | 65 | Apr 30, 2025 | J-GAAP |
| Mar, 2026 New | 100,000 | 8,000 | 8,500 | 6,000 | 126.8 | 72 | Jan 30, 2026 | J-GAAP |
| Revision Rate | 0.0% | +14.3% | +13.3% | +20.0% | +20.0% |
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 | 56,259 | 3,528 | 3,768 | 2,428 | 51.4 | 35 | Apr 30, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 56,397 | 4,365 | 4,599 | 3,341 | 70.6 | 40 | Jan 30, 2026 | J-GAAP |
| YoY | +0.2% | +23.7% | +22.1% | +37.6% | +37.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 92,112 | 6,444 | 7,012 | 4,571 | 96.7 | 46.67 | Apr 26, 2024 | J-GAAP |
| Mar, 2025 | 105,877 | 8,073 | 8,536 | 5,173 | 109.5 | 65 | Apr 30, 2025 | J-GAAP |
| Mar, 2026 Guidance | 100,000 | 8,000 | 8,500 | 6,000 | 126.8 | 72 | Jan 30, 2026 | J-GAAP |
| YoY | -5.6% | -0.9% | -0.4% | +16.0% | +15.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 25,494 | 1,697 | 1,745 | 1,175 | 24.9 | 6.7 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 30,765 | 1,831 | 2,023 | 1,253 | 26.5 | 6.0 | Apr 30, 2025 | J-GAAP |
| Apr - Jun, 2025 | 20,264 | 1,462 | 1,539 | 1,051 | 22.2 | 7.2 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 23,339 | 2,173 | 2,362 | 1,608 | 34.0 | 9.3 | Oct 31, 2025 | J-GAAP |
| Oct - Dec, 2025 | 24,527 | 1,917 | 1,980 | 1,376 | 29.1 | 7.8 | Jan 30, 2026 | J-GAAP |
| YoY | -3.8% | +13.0% | +13.5% | +17.1% | +17.0% |
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