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IINO KAIUN, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 18%, Dividend Revised Upward by 7 Yen

Thu Feb 5, 2026 2:00 pm JST Earnings

9119 IINO KAIUN KAISHA, LTD. 【J-GAAP】

Earnings Report

IINO KAIUN KAISHA, LTD. <9119> [TSE Prime] announced its financial results in the afternoon session on February 5th (14:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 11.9% from the same period last year to 12.5 billion yen.

However, the full-year forecast for consolidated ordinary profit has been revised upward 18.4%, from the previous forecast of 12.5 billion yen to 14.8 billion yen (compared to 17.3 billion yen in the previous period), and the declining rate is expected to decrease from 28.0% to 14.8%.

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) has been revised upward 38.9%, from the previous forecast of 5.91 billion yen to 8.21 billion yen (compared to 8.41 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 29.7% to 2.4%.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 48 yen to 55 yen (compared to 58 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 12.9% from the same period last year, reaching 5.94 billion yen. The operating profit margin rose from 11.1% in the same period last year to 13.7%.

Kabutan News

Actual Performance and Financial Trends

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Progress Rate
vs. First Half
Announce Accounting
Standards
Apr - Dec, 2023
103,467M 14,334M 15,220M 15,069M 142.4 69.8 Jan 31, 2024 J-GAAP
Apr - Dec, 2024
108,735M 13,744M 14,217M 14,181M 134.0 81.9 Jan 31, 2025 J-GAAP
Apr - Dec, 2025
94,967M 10,424M 12,531M 12,679M 119.8 84.7 Feb 5, 2026 J-GAAP
YoY -12.7% -24.2% -11.9% -10.6% -10.6%

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 64,883M 6,030M 5,916M 5,125M 48.4 24 Oct 31, 2025 J-GAAP
Oct - Mar, 2025 New 65,883M 6,630M 8,216M 6,925M 65.5 31 Feb 5, 2026 J-GAAP
Revision Rate +1.5% +10.0% +38.9% +35.1% +35.1%
Full Year Update
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Mar, 2026 Prev 126,000M 11,800M 12,500M 12,600M 119.1 48 Oct 31, 2025 J-GAAP
Mar, 2026 New 127,000M 12,400M 14,800M 14,400M 136.1 55 Feb 5, 2026 J-GAAP
Revision Rate +0.8% +5.1% +18.4% +14.3% +14.3%

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
67,868M 7,208M 8,418M 8,738M 82.6 33 May 8, 2025 J-GAAP
Guidance
Oct - Mar, 2025
65,883M 6,630M 8,216M 6,925M 65.5 31 Feb 5, 2026 J-GAAP
YoY -2.9% -8.0% -2.4% -20.7% -20.8%
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Mar, 2024
137,950M 19,063M 21,800M 19,745M 186.6 56 May 7, 2024 J-GAAP
Mar, 2025
141,866M 17,100M 17,368M 18,367M 173.6 58 May 8, 2025 J-GAAP
Guidance
Mar, 2026
127,000M 12,400M 14,800M 14,400M 136.1 55 Feb 5, 2026 J-GAAP
YoY -10.5% -27.5% -14.8% -21.6% -21.6%

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Oct - Dec, 2024
34,737M 3,852M 5,267M 4,552M 43.0 11.1 Jan 31, 2025 J-GAAP
Jan - Mar, 2025
33,131M 3,356M 3,151M 4,186M 39.6 10.1 May 8, 2025 J-GAAP
Apr - Jun, 2025
29,792M 2,254M 2,192M 3,267M 30.9 7.6 Jul 31, 2025 J-GAAP
Jul - Sep, 2025
31,325M 3,516M 4,392M 4,208M 39.8 11.2 Oct 31, 2025 J-GAAP
Oct - Dec, 2025
33,850M 4,654M 5,947M 5,204M 49.2 13.7 Feb 5, 2026 J-GAAP
YoY -2.6% +20.8% +12.9% +14.3% +14.3%