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ICHIKEN, Ordinary Profit Forecast for the Fiscal Year Revised Upward to an Unexpected 20% Increase, Raises Record High Profit, Dividend Revised Upward by 45 Yen

Fri Feb 13, 2026 2:00 pm JST Earnings

1847 ICHIKEN Co., Ltd. 【J-GAAP】

Earnings Report

ICHIKEN Co., Ltd. <1847> [TSE Std] announced its financial results in the afternoon session on February 13th (14:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 23.5% from the same period last year, reaching 6.56 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 22.7%, from the previous forecast of 6.60 billion yen to 8.10 billion yen (compared to 6.76 billion yen in the previous period), record profits reach two consecutive terms, turning to a 19.7% increase in the consolidated ordinary profit outlook.

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 52.2%, from the previous forecast of 2.87 billion yen to 4.37 billion yen (compared to 3.76 billion yen in the same period of the previous year), turning to a 16.2% increase in the consolidated ordinary profit outlook.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 185 yen to 230 yen (compared to 140 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 22.9% from the same period last year, reaching 2.83 billion yen. The operating profit margin improved from 8.7% in the same period last year to 9.9%.

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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 72,494 3,085 3,028 2,196 302.6 75.3 Feb 8, 2024 J-GAAP
Apr - Dec, 2024 78,157 5,359 5,316 3,574 492.5 78.5 Feb 13, 2025 J-GAAP
Apr - Dec, 2025 77,898 6,567 6,564 4,464 615.0 81.0 Feb 13, 2026 J-GAAP
YoY -0.3% +22.5% +23.5% +24.9% +24.9%

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 51,812 2,972 2,874 1,876 258.5 120 Nov 13, 2025 J-GAAP
Oct - Mar, 2025 New 55,812 4,472 4,374 2,976 410.0 165 Feb 13, 2026 J-GAAP
Revision Rate +7.7% +50.5% +52.2% +58.6% +58.6%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 101,000 6,700 6,600 4,400 606.2 185 Oct 31, 2025 J-GAAP
Mar, 2026 New 105,000 8,200 8,100 5,500 757.7 230 Feb 13, 2026 J-GAAP
Revision Rate +4.0% +22.4% +22.7% +25.0% +25.0%

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 47,398 3,791 3,763 2,680 369.3 90 May 20, 2025 J-GAAP
Oct - Mar, 2025 Guidance 55,812 4,472 4,374 2,976 410.0 165 Feb 13, 2026 J-GAAP
YoY +17.8% +18.0% +16.2% +11.0% +11.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 96,373 4,100 4,020 2,938 404.8 110 May 17, 2024 J-GAAP
Mar, 2025 98,999 6,835 6,769 4,679 644.7 140 May 20, 2025 J-GAAP
Mar, 2026 Guidance 105,000 8,200 8,100 5,500 757.7 230 Feb 13, 2026 J-GAAP
YoY +6.1% +20.0% +19.7% +17.5% +17.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 26,556 2,315 2,310 1,575 217.0 8.7 Feb 13, 2025 J-GAAP
Jan - Mar, 2025 20,842 1,476 1,453 1,105 152.3 7.1 May 20, 2025 J-GAAP
Apr - Jun, 2025 22,179 1,641 1,646 1,114 153.6 7.4 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 27,009 2,087 2,080 1,410 194.3 7.7 Nov 13, 2025 J-GAAP
Oct - Dec, 2025 28,710 2,839 2,838 1,940 267.3 9.9 Feb 13, 2026 J-GAAP
YoY +8.1% +22.6% +22.9% +23.2% +23.1%

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