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TAIHEI DENGYO KAISHA, Oct-Dec (3Q) Ordinary Profit Increases by 45%, Current Fiscal Year Dividend Revised Upward by 3 Yen
1968 TAIHEI DENGYO KAISHA,LTD. 【J-GAAP】
Earnings ReportTAIHEI DENGYO KAISHA,LTD. <1968> [TSE Prime] announced its financial results in the afternoon session on February 6th (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 9.8% from the same period last year, reaching 11.9 billion yen. Progress toward the full-year plan of 15.8 billion yen was 75.8%, it was below the five-year average of 78.5%.
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 expand 31.7% from the same period last year, reaching 3.81 billion yen.
At the same time, the company has increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 67 yen to 70 yen (compared to 175 yen before the 3-for-1 forward stock split in the previous period).
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 44.6% from the same period last year, reaching 6.76 billion yen. The operating profit margin rose from 12.2% in the same period last year to 15.2%.
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 | 92,059 | 5,994 | 7,156 | 5,463 | 95.7 | 62.2 | Feb 9, 2024 | J-GAAP |
| Apr - Dec, 2024 | 90,886 | 9,772 | 10,909 | 7,898 | 131.3 | 79.0 | Feb 7, 2025 | J-GAAP |
| Apr - Dec, 2025 | 103,302 | 10,847 | 11,981 | 9,020 | 143.1 | 75.8 | Feb 6, 2026 | J-GAAP |
| YoY | +13.7% | +11.0% | +9.8% | +14.2% | +9.0% |
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 | 79,447 | 10,179 | 10,586 | 7,083 | 112.3 | 67 | Nov 14, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 79,447 | 10,179 | 10,586 | 7,083 | 112.3 | 70 | Feb 6, 2026 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 143,000 | 15,000 | 15,800 | 10,600 | 168.0 | 67 | Aug 7, 2025 | J-GAAP |
| Mar, 2026 New | 143,000 | 15,000 | 15,800 | 10,600 | 168.0 | 70 | Feb 6, 2026 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
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 | 65,309 | 6,975 | 7,578 | 5,470 | 90.3 | 58.33 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 79,447 | 10,179 | 10,586 | 7,083 | 112.3 | 70 | Feb 6, 2026 | J-GAAP |
| YoY | +21.6% | +45.9% | +39.7% | +29.5% | +24.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 129,363 | 10,049 | 11,512 | 8,395 | 147.0 | 45 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 125,670 | 13,037 | 13,808 | 9,753 | 160.9 | 58.33 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 143,000 | 15,000 | 15,800 | 10,600 | 168.0 | 70 | Feb 6, 2026 | J-GAAP |
| YoY | +13.8% | +15.1% | +14.4% | +8.7% | +4.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 30,525 | 3,710 | 4,679 | 3,615 | 60.1 | 12.2 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 34,784 | 3,265 | 2,899 | 1,855 | 30.6 | 9.4 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 29,572 | 1,567 | 1,655 | 1,115 | 17.7 | 5.3 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 33,981 | 3,254 | 3,559 | 2,402 | 38.1 | 9.6 | Nov 14, 2025 | J-GAAP |
| Oct - Dec, 2025 | 39,749 | 6,026 | 6,767 | 5,503 | 87.3 | 15.2 | Feb 6, 2026 | J-GAAP |
| YoY | +30.2% | +62.4% | +44.6% | +52.2% | +45.3% |
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