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Maruchiyo Yamaokaya, 9% Increase in Ordinary Profit, Update Record High for Fourth Consecutive Term, Dividend Raised by 7 Yen
3399 Maruchiyo Yamaokaya Corporation 【J-GAAP】
Earnings ReportMaruchiyo Yamaokaya Corporation <3399> [TSE Std] announced its financial results after the market closed on March 16th (16:00). The ordinary profit (non-consolidated) for the fiscal year ended January 2026 increased by 26.4% from the previous period to 4.84 billion yen. For the fiscal year ending January 2027, the ordinary profit is expected to grow by 9.4% to 5.30 billion yen, marking the fourth consecutive term of record-high profits. This will be the thirteenth consecutive term of revenue and the fifth consecutive term of profit growth.
At the same time, the company has decided to increase the dividend this fiscal year to 30 yen, an increase of 7 yen from the previous fiscal year.
In the most recent three-month period, from November to January (4Q), the ordinary profit increased 40.4% from the same period last year, reaching 1.14 billion yen. The operating profit margin improved from 8.1% in the same period last year to 9.4%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan, 2024 | 26,494 | 2,063 | 2,132 | 1,432 | 73.1 | 2.50 | Mar 15, 2024 | J-GAAP |
| Jan, 2025 | 34,585 | 3,708 | 3,833 | 2,832 | 144.5 | 4 | Mar 14, 2025 | J-GAAP |
| Jan, 2026 | 43,000 | 4,678 | 4,844 | 3,688 | 187.7 | 23 | Mar 16, 2026 | J-GAAP |
| YoY | +24.3% | +26.2% | +26.4% | +30.2% | +29.9% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan, 2026 Guidance | 42,700 | 4,400 | 4,600 | 3,230 | 164.0 | 23 | Feb 24, 2026 | J-GAAP |
| Jan, 2026 Results | 43,000 | 4,678 | 4,844 | 3,688 | 187.7 | 23 | Mar 16, 2026 | J-GAAP |
| Revision Rate | +0.7% | +6.3% | +5.3% | +14.2% | +14.4% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb - Jul, 2025 | 19,816 | 1,958 | 2,002 | 1,375 | 70.2 | 0 | Sep 12, 2025 | J-GAAP |
| Feb - Jul, 2026 Guidance | 22,439 | 1,995 | 2,046 | 1,393 | 70.7 | 0 | Mar 16, 2026 | J-GAAP |
| YoY | +13.2% | +1.9% | +2.2% | +1.3% | +0.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan, 2025 | 34,585 | 3,708 | 3,833 | 2,832 | 144.5 | 4 | Mar 14, 2025 | J-GAAP |
| Jan, 2026 | 43,000 | 4,678 | 4,844 | 3,688 | 187.7 | 23 | Mar 16, 2026 | J-GAAP |
| Jan, 2027 Guidance | 48,361 | 5,184 | 5,300 | 3,630 | 184.3 | 30 | Mar 16, 2026 | J-GAAP |
| YoY | +12.5% | +10.8% | +9.4% | -1.6% | -1.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Nov - Jan, 2024 | 9,639 | 776 | 816 | 761 | 38.8 | 8.1 | Mar 14, 2025 | J-GAAP |
| Feb - Apr, 2025 | 9,685 | 1,060 | 1,081 | 728 | 37.2 | 10.9 | Jun 13, 2025 | J-GAAP |
| May - Jul, 2025 | 10,131 | 898 | 921 | 647 | 33.0 | 8.9 | Sep 12, 2025 | J-GAAP |
| Aug - Oct, 2025 | 11,390 | 1,616 | 1,696 | 1,119 | 57.0 | 14.2 | Dec 12, 2025 | J-GAAP |
| Nov - Jan, 2025 | 11,794 | 1,104 | 1,146 | 1,194 | 60.8 | 9.4 | Mar 16, 2026 | J-GAAP |
| YoY | +22.4% | +42.3% | +40.4% | +56.9% | +56.5% |
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