kabutan

Hibiya Engineering, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 21%, Raises Record High Profit Forecast, Dividend Revised Upward by 30 Yen

Tue Feb 10, 2026 12:30 pm JST Earnings

1982 Hibiya Engineering,Ltd. 【J-GAAP】

Earnings Report

Hibiya Engineering,Ltd. <1982> [TSE Prime] announced its financial results at noon (12:30) on February 10th. The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 7.23 billion yen, an increase 76.3% compared to the same period last year.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 21.4%, from the previous forecast of 8.40 billion yen to 10.2 billion yen (compared to 8.13 billion yen in the previous period), increasing the growth rate from 3.2% to 25.3%, further surpassing the previous forecast of record-high profits for two consecutive terms.

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 40.9%, from the previous forecast of 4.40 billion yen to 6.20 billion yen (compared to 4.56 billion yen in the same period of the previous year), turning to a 35.9% increase in the consolidated ordinary profit outlook.

In light of the strong performance, the company has significantly increased its planned annual dividend for the current fiscal year from the original plan of 100 yen to 130 yen (compared to 94 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit surged 6.2 times that of the same period last year, reaching 3.23 billion yen. The operating profit margin drastically improved from 1.5% in the same period last year to 12.3%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2023 54,095 1,980 2,643 1,874 82.2 41.0 Feb 8, 2024 J-GAAP
Apr - Dec, 2024 56,799 3,529 4,100 3,106 138.9 50.4 Feb 13, 2025 J-GAAP
Apr - Dec, 2025 64,336 6,539 7,230 5,144 236.9 70.9 Feb 10, 2026 J-GAAP
YoY +13.3% +85.3% +76.3% +65.6% +70.5%

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 52,958 4,185 4,402 3,167 147.1 50 Nov 11, 2025 J-GAAP
Oct - Mar, 2025 New 53,758 5,785 6,202 4,467 195.8 80 Feb 10, 2026 J-GAAP
Revision Rate +1.5% +38.2% +40.9% +41.0% +33.1%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 93,500 7,800 8,400 6,000 278.6 100 May 13, 2025 J-GAAP
Mar, 2026 New 94,300 9,400 10,200 7,300 320.0 130 Feb 10, 2026 J-GAAP
Revision Rate +0.9% +20.5% +21.4% +21.7% +14.9%

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 52,126 4,218 4,562 3,332 149.5 50 May 13, 2025 J-GAAP
Oct - Mar, 2025 Guidance 53,758 5,785 6,202 4,467 195.8 80 Feb 10, 2026 J-GAAP
YoY +3.1% +37.2% +35.9% +34.1% +30.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 83,762 5,737 6,446 4,800 211.1 86 May 14, 2024 J-GAAP
Mar, 2025 89,786 7,456 8,138 5,906 265.1 94 May 13, 2025 J-GAAP
Mar, 2026 Guidance 94,300 9,400 10,200 7,300 320.0 130 Feb 10, 2026 J-GAAP
YoY +5.0% +26.1% +25.3% +23.6% +20.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 19,139 291 524 532 23.8 1.5 Feb 13, 2025 J-GAAP
Jan - Mar, 2025 32,987 3,927 4,038 2,800 125.7 11.9 May 13, 2025 J-GAAP
Apr - Jun, 2025 19,081 1,622 1,904 1,356 62.1 8.5 Aug 6, 2025 J-GAAP
Jul - Sep, 2025 21,461 1,993 2,094 1,477 67.9 9.3 Nov 11, 2025 J-GAAP
Oct - Dec, 2025 23,794 2,924 3,232 2,311 106.4 12.3 Feb 10, 2026 J-GAAP
YoY +24.3% +904.8% +516.8% +334.4% +347.3%

Related Articles