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Shinko Wire, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 49%, Oct-Dec Ordinary Profit Decreases by 50%
5660 Shinko Wire Company, Ltd. 【J-GAAP】
Earnings ReportShinko Wire Company, Ltd. <5660> [TSE Std] announced its financial results in the afternoon session on February 6th (14:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) dropped 49.5% from the same period last year to 556 million yen. Progress toward the full-year plan of 950 million yen was 58.5%, also falling below the five-year average of 75.7%.
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 for the January to March period (4Q) is expected to surge 2.9 times that of the same period last year, reaching 394 million yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit dropped to 209 million yen, a 49.5% decrease compared to the same period last year. The operating profit margin worsened from 4.5% in the same period last year to 2.5%.
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 | 24,097 | 845 | 889 | 748 | 126.7 | 83.4 | Feb 8, 2024 | J-GAAP |
| Apr - Dec, 2024 | 25,545 | 1,032 | 1,100 | 849 | 143.8 | 89.1 | Feb 7, 2025 | J-GAAP |
| Apr - Dec, 2025 | 24,230 | 511 | 556 | 780 | 132.1 | 58.5 | Feb 6, 2026 | J-GAAP |
| YoY | -5.1% | -50.5% | -49.5% | -8.1% | -8.1% |
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 | 17,351 | 525 | 549 | 522 | 88.4 | 30 | May 12, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 18,461 | 631 | 603 | 370 | 62.6 | 20 | Nov 10, 2025 | J-GAAP |
| YoY | +6.4% | +20.2% | +9.8% | -29.1% | -29.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 32,726 | 1,023 | 1,066 | 906 | 153.3 | 50 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 34,293 | 1,167 | 1,235 | 1,034 | 175.0 | 60 | May 12, 2025 | J-GAAP |
| Mar, 2026 Guidance | 35,000 | 950 | 950 | 800 | 135.4 | 45 | Nov 10, 2025 | J-GAAP |
| YoY | +2.1% | -18.6% | -23.1% | -22.6% | -22.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 8,603 | 390 | 414 | 337 | 57.1 | 4.5 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 8,748 | 135 | 135 | 185 | 31.3 | 1.5 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 7,809 | 4 | 40 | 166 | 28.2 | 0.1 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 8,730 | 315 | 307 | 264 | 44.7 | 3.6 | Nov 10, 2025 | J-GAAP |
| Oct - Dec, 2025 | 7,691 | 192 | 209 | 350 | 59.3 | 2.5 | Feb 6, 2026 | J-GAAP |
| YoY | -10.6% | -50.8% | -49.5% | +3.9% | +3.9% |
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