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TAMURA, Net Income Forecast for the Fiscal Year Revised Downward by 63%, Dividend Revised Upward by 3 Yen
6768 TAMURA CORPORATION 【J-GAAP】
Earnings ReportTAMURA CORPORATION <6768> [TSE Prime] announced its financial results in the afternoon session on February 6th (13:00). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2026 (April to December) significantly dropped 63.1% from the same period last year to 0.67 billion yen.
In addition, the full-year forecast for consolidated net income has decreased 62.5%, from the previous forecast of 1.60 billion yen to 0.60 billion yen (compared to 2.78 billion yen in the previous period), leading to an increase in the profit decline rate from 42.5% to 78.4%.
Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated net income for the October to March period (second half) has decreased 78.1%, from the previous forecast of 1.28 billion yen to 0.28 billion yen (compared to 1.84 billion yen in the same period of the previous year), leading to an increase in the profit decline rate from 30.4% to 84.7%.
At the same time, the company has significantly increased its planned annual dividend for the current fiscal year from the original plan of 10 yen to 13 yen (compared to 13 yen in the previous period).
In the most recent three-month period, from October to December (3Q), the consolidated net income significantly dropped to 0.35 billion yen, a 60.0% decrease compared to the same period last year. The operating profit margin worsened from 5.0% in the same period last year to 2.9%.
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 | 78,906 | 3,223 | 3,138 | 738 | 9.0 | 63.3 | Feb 5, 2024 | J-GAAP |
| Apr - Dec, 2024 | 82,630 | 3,170 | 3,147 | 1,831 | 22.4 | 62.2 | Feb 6, 2025 | J-GAAP |
| Apr - Dec, 2025 | 89,766 | 3,793 | 3,551 | 675 | 8.4 | 80.7 | Feb 6, 2026 | J-GAAP |
| YoY | +8.6% | +19.7% | +12.8% | -63.1% | -62.5% |
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 | 61,811 | 2,116 | 1,825 | 1,281 | 16.1 | 5 | Nov 10, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 61,811 | 2,116 | 1,825 | 281 | 3.5 | 8 | Feb 6, 2026 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | -78.1% | -78.1% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 120,000 | 5,000 | 4,400 | 1,600 | 20.1 | 10 | Nov 10, 2025 | J-GAAP |
| Mar, 2026 New | 120,000 | 5,000 | 4,400 | 600 | 7.5 | 13 | Feb 6, 2026 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | -62.5% | -62.5% |
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 | 61,598 | 3,535 | 3,299 | 1,840 | 22.5 | 8 | May 12, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 61,811 | 2,116 | 1,825 | 281 | 3.5 | 8 | Feb 6, 2026 | J-GAAP |
| YoY | +0.3% | -40.1% | -44.7% | -84.7% | -84.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 106,622 | 4,940 | 4,956 | 2,240 | 27.4 | 10 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 114,051 | 5,195 | 5,061 | 2,782 | 34.0 | 13 | May 12, 2025 | J-GAAP |
| Mar, 2026 Guidance | 120,000 | 5,000 | 4,400 | 600 | 7.5 | 13 | Feb 6, 2026 | J-GAAP |
| YoY | +5.2% | -3.8% | -13.1% | -78.4% | -77.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 30,177 | 1,510 | 1,385 | 889 | 10.9 | 5.0 | Feb 6, 2025 | J-GAAP |
| Jan - Mar, 2025 | 31,421 | 2,025 | 1,914 | 951 | 11.6 | 6.4 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 28,872 | 1,178 | 923 | 246 | 3.0 | 4.1 | Aug 6, 2025 | J-GAAP |
| Jul - Sep, 2025 | 29,317 | 1,706 | 1,652 | 73 | 0.9 | 5.8 | Nov 10, 2025 | J-GAAP |
| Oct - Dec, 2025 | 31,577 | 909 | 976 | 356 | 4.4 | 2.9 | Feb 6, 2026 | J-GAAP |
| YoY | +4.6% | -39.8% | -29.5% | -60.0% | -59.2% |
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