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TOKYO SEIMITSU, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 2%
7729 TOKYO SEIMITSU CO., LTD. 【J-GAAP】
Earnings ReportTOKYO SEIMITSU CO., LTD. <7729> [TSE Prime] 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) increased 9.7% from the same period last year, reaching 21.7 billion yen.
In addition, the full-year forecast for consolidated ordinary profit has been revised upward 1.6%, from the previous forecast of 31.5 billion yen to 32.0 billion yen (compared to 29.9 billion yen in the previous period), increasing the growth rate from 5.2% to 6.9%.
Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) is expected to increase 3.0%, from the previous forecast of 16.5 billion yen to 17.0 billion yen (compared to 16.7 billion yen in the same period of the previous year), turning to a 1.4% increase in the consolidated ordinary profit outlook.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit amounted to 6.73 billion yen, an increase of 1.6% compared to the same period last year. However, the operating profit margin decreased from 17.9% in the same period last year to 17.3%.
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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 | 88,895 | 14,386 | 15,058 | 10,615 | 263.3 | 56.9 | Feb 5, 2024 | J-GAAP |
| Apr - Dec, 2024 | 103,137 | 19,075 | 19,791 | 18,125 | 448.1 | 66.1 | Feb 4, 2025 | J-GAAP |
| Apr - Dec, 2025 | 112,971 | 20,932 | 21,717 | 14,148 | 349.0 | 67.9 | Feb 6, 2026 | J-GAAP |
| YoY | +9.5% | +9.7% | +9.7% | -21.9% | -22.1% |
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 | 86,930 | 16,783 | 16,522 | 10,888 | 268.3 | 111 | Nov 4, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 87,930 | 17,283 | 17,022 | 11,888 | 293.0 | 111 | Feb 6, 2026 | J-GAAP |
| Revision Rate | +1.2% | +3.0% | +3.0% | +9.2% | +9.2% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 164,000 | 31,500 | 31,500 | 20,500 | 505.2 | 222 | Nov 4, 2025 | J-GAAP |
| Mar, 2026 New | 165,000 | 32,000 | 32,000 | 21,500 | 529.8 | 222 | Feb 6, 2026 | J-GAAP |
| Revision Rate | +0.6% | +1.6% | +1.6% | +4.9% | +4.9% |
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 | 79,095 | 16,298 | 16,781 | 12,087 | 298.8 | 139 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 87,930 | 17,283 | 17,022 | 11,888 | 293.0 | 111 | Feb 6, 2026 | J-GAAP |
| YoY | +11.2% | +6.0% | +1.4% | -1.6% | -2.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 134,680 | 25,307 | 26,453 | 19,378 | 480.5 | 192 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 150,534 | 29,703 | 29,939 | 25,637 | 633.8 | 253 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 165,000 | 32,000 | 32,000 | 21,500 | 529.8 | 222 | Feb 6, 2026 | J-GAAP |
| YoY | +9.6% | +7.7% | +6.9% | -16.1% | -16.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 31,698 | 5,670 | 6,633 | 4,575 | 113.1 | 17.9 | Feb 4, 2025 | J-GAAP |
| Jan - Mar, 2025 | 47,397 | 10,628 | 10,148 | 7,512 | 185.7 | 22.4 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 30,876 | 4,581 | 4,462 | 3,229 | 79.8 | 14.8 | Aug 4, 2025 | J-GAAP |
| Jul - Sep, 2025 | 46,194 | 10,136 | 10,516 | 6,383 | 157.5 | 21.9 | Nov 4, 2025 | J-GAAP |
| Oct - Dec, 2025 | 35,901 | 6,215 | 6,739 | 4,536 | 111.9 | 17.3 | Feb 6, 2026 | J-GAAP |
| YoY | +13.3% | +9.6% | +1.6% | -0.9% | -1.1% |
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