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SANYO INDUSTRIES, Ordinary Profit Forecast for the Fiscal Year Revised Downward by 21%
5958 SANYO INDUSTRIES, LTD. 【J-GAAP】
Earnings ReportSANYO INDUSTRIES, LTD. <5958> [TSE Std] announced its financial results in the afternoon session on February 6th (14:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 10.4% from the same period last year to 1.44 billion yen.
In addition, the full-year forecast for consolidated ordinary profit has decreased 20.9%, from the previous forecast of 2.15 billion yen to 1.70 billion yen (compared to 2.28 billion yen in the previous period), leading to an increase in the profit decline rate from 5.9% to 25.6%.
Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) has decreased 29.0%, from the previous forecast of 1.55 billion yen to 1.10 billion yen (compared to 1.48 billion yen in the same period of the previous year). This changes the outlook from an anticipated profit increase to a projection of a 25.7% decrease in profit.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 4.7% from the same period last year, reaching 0.84 billion yen. The operating profit margin remained almost flat, changing from 8.8% in the same period last year to 9.0%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 22,759 | 1,873 | 2,050 | 1,499 | 447.2 | 76.8 | Feb 7, 2024 | J-GAAP |
| Apr - Dec, 2024 | 21,684 | 1,435 | 1,610 | 1,051 | 327.5 | 70.4 | Feb 7, 2025 | J-GAAP |
| Apr - Dec, 2025 | 21,376 | 1,276 | 1,442 | 974 | 329.9 | 84.8 | Feb 6, 2026 | J-GAAP |
| YoY | -1.4% | -11.1% | -10.4% | -7.3% | +0.8% |
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 | 19,278 | 1,507 | 1,550 | 1,017 | 362.7 | 110 | Nov 7, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 15,778 | 1,057 | 1,100 | 667 | 237.9 | 110 | Feb 6, 2026 | J-GAAP |
| Revision Rate | -18.2% | -29.9% | -29.0% | -34.4% | -34.4% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 32,000 | 2,000 | 2,150 | 1,400 | 499.3 | 210 | May 9, 2025 | J-GAAP |
| Mar, 2026 New | 28,500 | 1,550 | 1,700 | 1,050 | 374.5 | 210 | Feb 6, 2026 | J-GAAP |
| Revision Rate | -10.9% | -22.5% | -20.9% | -25.0% | -25.0% |
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 | 16,166 | 1,362 | 1,480 | 1,121 | 351.0 | 55 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 15,778 | 1,057 | 1,100 | 667 | 237.9 | 110 | Feb 6, 2026 | J-GAAP |
| YoY | -2.4% | -22.4% | -25.7% | -40.5% | -32.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 30,484 | 2,455 | 2,669 | 1,856 | 556.4 | 105 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 29,516 | 2,061 | 2,286 | 1,588 | 497.2 | 105 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 28,500 | 1,550 | 1,700 | 1,050 | 374.5 | 210 | Feb 6, 2026 | J-GAAP |
| YoY | -3.4% | -24.8% | -25.6% | -33.9% | -24.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 8,334 | 736 | 804 | 584 | 182.0 | 8.8 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 7,832 | 626 | 676 | 537 | 168.1 | 8.0 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 5,811 | 98 | 155 | 93 | 30.7 | 1.7 | Aug 6, 2025 | J-GAAP |
| Jul - Sep, 2025 | 6,911 | 395 | 445 | 290 | 95.9 | 5.7 | Nov 7, 2025 | J-GAAP |
| Oct - Dec, 2025 | 8,654 | 783 | 842 | 591 | 200.2 | 9.0 | Feb 6, 2026 | J-GAAP |
| YoY | +3.8% | +6.4% | +4.7% | +1.2% | +10.0% |
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