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SANKYO SEIKO, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 12%, Exceeds Full-Year Plan
8018 SANKYO SEIKO CO.,LTD. 【J-GAAP】
Earnings ReportSANKYO SEIKO CO.,LTD. <8018> [TSE Std] announced its financial results after the market closed on February 6th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 12.2% from the same period last year to 2.24 billion yen. However, Progress toward the full-year plan of 2.10 billion yen is 107.0%, already exceeding the target and also exceeding the five-year average of 88.6%.
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/loss for the January to March period (4Q) is expected to turn into a loss of 0.14 billion yen (compared to a profit of 0.08 billion yen in the same period last year). However, if the fourth-quarter performance remains at the same level as the first three quarters, the full-year plan may be increased.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 1.04 billion yen, a 7.2% decrease compared to the same period last year. The operating profit margin worsened from 8.4% in the same period last year to 7.8%.
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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 | 15,401 | 2,120 | 2,901 | 1,484 | 36.9 | 86.4 | Feb 2, 2024 | J-GAAP |
| Apr - Dec, 2024 | 16,593 | 1,603 | 2,559 | 1,982 | 50.5 | 97.0 | Feb 7, 2025 | J-GAAP |
| Apr - Dec, 2025 | 16,047 | 1,004 | 2,248 | 1,224 | 32.0 | 107.0 | Feb 6, 2026 | J-GAAP |
| YoY | -3.3% | -37.4% | -12.2% | -38.2% | -36.6% |
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 | 11,333 | 612 | 1,206 | 993 | 25.5 | 27 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 11,802 | 414 | 897 | 2,601 | 68.7 | 13.50 | Nov 6, 2025 | J-GAAP |
| YoY | +4.1% | -32.4% | -25.6% | +161.9% | +169.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 21,271 | 2,473 | 3,356 | 2,227 | 55.5 | 27 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 22,594 | 1,766 | 2,639 | 2,108 | 54.1 | 27 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 22,500 | 1,000 | 2,100 | 2,050 | 54.1 | 27 | Nov 6, 2025 | J-GAAP |
| YoY | -0.4% | -43.4% | -20.4% | -2.8% | +0.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 5,332 | 449 | 1,126 | 867 | 22.1 | 8.4 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 6,001 | 163 | 80 | 126 | 3.2 | 2.7 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 4,856 | 203 | 795 | 594 | 15.6 | 4.2 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 5,842 | 383 | 408 | -1,145 | -30.0 | 6.6 | Nov 6, 2025 | J-GAAP |
| Oct - Dec, 2025 | 5,349 | 418 | 1,045 | 1,775 | 46.5 | 7.8 | Feb 6, 2026 | J-GAAP |
| YoY | +0.3% | -6.9% | -7.2% | +104.7% | +110.2% |
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