kabutan

Sanyo Electric Railway, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 12%, Highest in Two Terms

Fri Feb 13, 2026 4:30 pm JST Earnings

9052 Sanyo Electric Railway Co.,Ltd. 【J-GAAP】

Earnings Report

Sanyo Electric Railway Co.,Ltd. <9052> [TSE Prime] announced its financial results after the market closed on February 13th (16:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 14.9% from the same period last year, reaching 4.04 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 11.9%, from the previous forecast of 4.26 billion yen to 4.77 billion yen (compared to 4.18 billion yen in the previous period), increasing the growth rate from 2.0% to 14.1%, reaches new record high for the first time in two 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) has been revised upward 36.1%, from the previous forecast of 1.40 billion yen to 1.91 billion yen (compared to 1.93 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 27.3% to 1.0%.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 1.17 billion yen, a 6.7% decrease compared to the same period last year. The operating profit margin decreased from 12.1% in the same period last year to 11.0%.

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 29,627 3,888 4,011 2,803 126.2 89.8 Feb 7, 2024 J-GAAP
Apr - Dec, 2024 28,359 3,364 3,515 2,494 112.3 84.0 Feb 13, 2025 J-GAAP
Apr - Dec, 2025 28,638 3,848 4,040 3,542 159.4 84.6 Feb 13, 2026 J-GAAP
YoY +1.0% +14.4% +14.9% +42.0% +42.0%

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 20,909 1,393 1,404 943 42.4 25 Nov 13, 2025 J-GAAP
Oct - Mar, 2025 New 21,018 1,859 1,911 1,368 61.6 25 Feb 13, 2026 J-GAAP
Revision Rate +0.5% +33.5% +36.1% +45.1% +45.1%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 40,026 4,194 4,268 3,686 165.9 50 Nov 13, 2025 J-GAAP
Mar, 2026 New 40,135 4,660 4,775 4,111 185.0 50 Feb 13, 2026 J-GAAP
Revision Rate +0.3% +11.1% +11.9% +11.5% +11.5%

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 19,809 1,873 1,930 1,437 64.7 20 May 15, 2025 J-GAAP
Oct - Mar, 2025 Guidance 21,018 1,859 1,911 1,368 61.6 25 Feb 13, 2026 J-GAAP
YoY +6.1% -0.7% -1.0% -4.8% -4.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 39,220 4,326 4,469 3,110 140.0 30 May 14, 2024 J-GAAP
Mar, 2025 38,489 4,065 4,185 3,031 136.4 35 May 15, 2025 J-GAAP
Mar, 2026 Guidance 40,135 4,660 4,775 4,111 185.0 50 Feb 13, 2026 J-GAAP
YoY +4.3% +14.6% +14.1% +35.6% +35.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 9,679 1,172 1,260 900 40.5 12.1 Feb 13, 2025 J-GAAP
Jan - Mar, 2025 10,130 701 670 537 24.2 6.9 May 15, 2025 J-GAAP
Apr - Jun, 2025 9,514 1,335 1,410 1,726 77.7 14.0 Aug 7, 2025 J-GAAP
Jul - Sep, 2025 9,603 1,466 1,454 1,017 45.8 15.3 Nov 13, 2025 J-GAAP
Oct - Dec, 2025 9,521 1,047 1,176 799 36.0 11.0 Feb 13, 2026 J-GAAP
YoY -1.6% -10.7% -6.7% -11.2% -11.3%

Related Articles