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SHIMAMURA, 8% Increase in Ordinary Profit, Update Record High for Sixth Consecutive Term, Increased Previous Year's Dividend by 10 Yen, This Fiscal Year to Increase Dividend
8227 SHIMAMURA Co.,Ltd. 【J-GAAP】
Earnings ReportSHIMAMURA Co.,Ltd. <8227> [TSE Prime] announced its financial results after the market closed on March 30th (15:30). The consolidated ordinary profit for the fiscal year ended February 2026 increased by 5.1% from the previous period to 63.6 billion yen. For the fiscal year ending February 2027, the consolidated ordinary profit is expected to grow by 8.1% to 68.8 billion yen, marking the sixth consecutive term of record-high profits. This will be the seventh consecutive term of revenue and profit growth.
At the same time, the company increased the annual dividend for the previous term from 205 yen to 215 yen (compared to 200 yen in the prior term), and the annual dividend for this fiscal year is 80 yen, taking into account the forward stock split scheduled to be allocated on February 20, this dividend represents an actual increase of 11.6%.
In the most recent three-month period, from December to February (4Q), the consolidated ordinary profit grew 6.6% from the same period last year, reaching 13.6 billion yen. The operating profit margin remained almost flat, changing from 7.6% in the same period last year to 7.6%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2024 | 635,091 | 55,308 | 56,716 | 40,084 | 181.8 | 46.67 | Apr 1, 2024 | J-GAAP |
| Feb, 2025 | 665,358 | 59,240 | 60,596 | 41,885 | 189.9 | 66.67 | Mar 31, 2025 | J-GAAP |
| Feb, 2026 | 700,034 | 61,483 | 63,672 | 44,460 | 202.4 | 71.67 | Mar 30, 2026 | J-GAAP |
| YoY | +5.2% | +3.8% | +5.1% | +6.1% | +6.5% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2026 Guidance | 692,640 | 60,690 | 61,990 | 42,858 | 206.4 | 68.33 | Mar 31, 2025 | J-GAAP |
| Feb, 2026 Results | 700,034 | 61,483 | 63,672 | 44,460 | 202.4 | 71.67 | Mar 30, 2026 | J-GAAP |
| Revision Rate | +1.1% | +1.3% | +2.7% | +3.7% | -2.0% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar - Aug, 2025 | 343,577 | 31,461 | 32,556 | 22,901 | 103.9 | 33.33 | Sep 29, 2025 | J-GAAP |
| Mar - Aug, 2026 Guidance | 359,887 | 32,067 | 33,159 | 22,910 | 110.4 | 40 | Mar 30, 2026 | J-GAAP |
| YoY | +4.7% | +1.9% | +1.9% | +0.0% | +6.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2025 | 665,358 | 59,240 | 60,596 | 41,885 | 189.9 | 66.67 | Mar 31, 2025 | J-GAAP |
| Feb, 2026 | 700,034 | 61,483 | 63,672 | 44,460 | 202.4 | 71.67 | Mar 30, 2026 | J-GAAP |
| Feb, 2027 Guidance | 729,193 | 66,842 | 68,825 | 47,321 | 227.9 | 80 | Mar 30, 2026 | J-GAAP |
| YoY | +4.2% | +8.7% | +8.1% | +6.4% | +12.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec - Feb, 2024 | 167,555 | 12,681 | 12,844 | 8,236 | 37.4 | 7.6 | Mar 31, 2025 | J-GAAP |
| Mar - May, 2025 | 168,369 | 15,311 | 15,812 | 10,802 | 49.0 | 9.1 | Jun 30, 2025 | J-GAAP |
| Jun - Aug, 2025 | 175,208 | 16,150 | 16,744 | 12,099 | 54.9 | 9.2 | Sep 29, 2025 | J-GAAP |
| Sep - Nov, 2025 | 181,929 | 16,716 | 17,419 | 12,246 | 55.5 | 9.2 | Dec 22, 2025 | J-GAAP |
| Dec - Feb, 2025 | 174,528 | 13,306 | 13,697 | 9,313 | 42.4 | 7.6 | Mar 30, 2026 | J-GAAP |
| YoY | +4.2% | +4.9% | +6.6% | +13.1% | +13.5% |
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