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YOKOHAMA GYORUI, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 20%, Exceeds Full-Year Plan, Current Fiscal Year Dividend Revised Upward by 2 Yen
7443 YOKOHAMA GYORUI CO., LTD. 【J-GAAP】
Earnings ReportYOKOHAMA GYORUI CO., LTD. <7443> [TSE Std] announced its financial results at noon (12:30) on February 9th. The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 19.6% from the same period last year, reaching 232 million yen. Progress toward the full-year plan of 200 million yen is 116.0%, but it was lower than the three-year average of 120.6%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary loss for the January to March period (4Q) is expected to expand to a loss of 32 million yen (compared to a loss of 13 million 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.
At the same time, the company has significantly increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 6 yen to 8 yen (compared to 6 yen in the previous period).
In the most recent three-month period, from October to December (3Q), the ordinary profit decreased to 90 million yen, a 15.1% decrease compared to the same period last year. The operating profit margin worsened from 1.7% in the same period last year to 1.4%.
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 | 15,631 | 167 | 185 | 149 | 23.9 | 102.8 | Feb 8, 2024 | J-GAAP |
| Apr - Dec, 2024 | 15,415 | 171 | 194 | 143 | 22.9 | 107.2 | Feb 10, 2025 | J-GAAP |
| Apr - Dec, 2025 | 16,093 | 207 | 232 | 151 | 24.3 | 116.0 | Feb 9, 2026 | J-GAAP |
| YoY | +4.4% | +21.1% | +19.6% | +5.6% | +6.2% |
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 | 10,323 | 58 | 58 | 54 | 8.6 | 6 | Nov 7, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 10,323 | 58 | 58 | 54 | 8.6 | 8 | Feb 9, 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 | 20,300 | 180 | 200 | 150 | 24.0 | 6 | May 9, 2025 | J-GAAP |
| Mar, 2026 New | 20,300 | 180 | 200 | 150 | 24.0 | 8 | Feb 9, 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 | 10,854 | 89 | 93 | 100 | 16.0 | 6 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 10,323 | 58 | 58 | 54 | 8.6 | 8 | Feb 9, 2026 | J-GAAP |
| YoY | -4.9% | -34.8% | -37.6% | -46.0% | -46.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 20,104 | 161 | 180 | 162 | 26.0 | 3 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 20,204 | 157 | 181 | 181 | 29.0 | 6 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 20,300 | 180 | 200 | 150 | 24.0 | 8 | Feb 9, 2026 | J-GAAP |
| YoY | +0.5% | +14.6% | +10.5% | -17.1% | -17.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 6,065 | 103 | 106 | 62 | 9.9 | 1.7 | Feb 10, 2025 | J-GAAP |
| Jan - Mar, 2025 | 4,789 | -14 | -13 | 38 | 6.1 | -0.3 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 4,849 | 57 | 74 | 43 | 7.0 | 1.2 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 5,128 | 65 | 68 | 53 | 8.5 | 1.3 | Nov 7, 2025 | J-GAAP |
| Oct - Dec, 2025 | 6,116 | 85 | 90 | 55 | 8.8 | 1.4 | Feb 9, 2026 | J-GAAP |
| YoY | +0.8% | -17.5% | -15.1% | -11.3% | -10.8% |
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