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SHIMANO, 19% Increase in Ordinary Profit for The Current Fiscal Year, Dividend Raised by 24 Yen
7309 SHIMANO INC. 【J-GAAP】
Earnings ReportSHIMANO INC. <7309> [TSE Prime] announced its financial results after the market closed on February 10th (15:30). The consolidated ordinary profit for the fiscal year ended December 2025 dropped by 52.3% from the previous period to 47.0 billion yen. For the fiscal year ending December 2026, the consolidated ordinary profit is expected to recover to 19.1% to 56.0 billion yen.
At the same time, the company has decided to increase the dividend this fiscal year to 363 yen, an increase of 24 yen from the previous fiscal year.
In the most recent three-month period, from October to December (4Q), the consolidated ordinary profit significantly dropped to 16.7 billion yen, a 58.5% decrease compared to the same period last year. However, the operating profit margin rose from 12.4% in the same period last year to 13.1%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 474,362 | 83,653 | 103,369 | 61,142 | 676.8 | 285 | Feb 13, 2024 | J-GAAP |
| Dec, 2024 | 450,993 | 65,085 | 98,674 | 76,329 | 853.4 | 309 | Feb 12, 2025 | J-GAAP |
| Dec, 2025 | 466,243 | 51,677 | 47,029 | 33,991 | 388.2 | 339 | Feb 10, 2026 | J-GAAP |
| YoY | +3.4% | -20.6% | -52.3% | -55.5% | -54.5% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2025 Guidance | 460,000 | 46,000 | 49,300 | 30,500 | 352.7 | 339 | Jul 29, 2025 | J-GAAP |
| Dec, 2025 Results | 466,243 | 51,677 | 47,029 | 33,991 | 388.2 | 339 | Feb 10, 2026 | J-GAAP |
| Revision Rate | +1.4% | +12.3% | -4.6% | +11.4% | +10.0% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 | 237,409 | 28,123 | 14,038 | 3,961 | 44.9 | 169.50 | Jul 29, 2025 | J-GAAP |
| Jan - Jun, 2026 Guidance | 227,000 | 24,000 | 29,300 | 22,000 | 254.4 | 181.50 | Feb 10, 2026 | J-GAAP |
| YoY | -4.4% | -14.7% | +108.7% | +455.4% | +466.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2024 | 450,993 | 65,085 | 98,674 | 76,329 | 853.4 | 309 | Feb 12, 2025 | J-GAAP |
| Dec, 2025 | 466,243 | 51,677 | 47,029 | 33,991 | 388.2 | 339 | Feb 10, 2026 | J-GAAP |
| Dec, 2026 Guidance | 467,000 | 47,000 | 56,000 | 42,000 | 485.7 | 363 | Feb 10, 2026 | J-GAAP |
| YoY | +0.2% | -9.1% | +19.1% | +23.6% | +25.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 116,114 | 14,434 | 40,412 | 34,986 | 391.1 | 12.4 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 113,539 | 16,142 | 15,404 | 9,786 | 110.2 | 14.2 | Apr 23, 2025 | J-GAAP |
| Apr - Jun, 2025 | 123,870 | 11,981 | -1,366 | -5,825 | -66.0 | 9.7 | Jul 29, 2025 | J-GAAP |
| Jul - Sep, 2025 | 113,611 | 8,442 | 16,210 | 12,144 | 138.1 | 7.4 | Oct 28, 2025 | J-GAAP |
| Oct - Dec, 2025 | 115,223 | 15,112 | 16,781 | 17,886 | 204.3 | 13.1 | Feb 10, 2026 | J-GAAP |
| YoY | -0.8% | +4.7% | -58.5% | -48.9% | -47.8% |
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