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SAN-A, 1% Increase in Ordinary Profit, Update Record High for Fourth Consecutive Term
2659 SAN-A CO.,LTD. 【J-GAAP】
Earnings ReportSAN-A CO.,LTD. <2659> [TSE Prime] announced its financial results in the afternoon session on April 7th (15:00). The consolidated ordinary profit for the fiscal year ended February 2026 increased by 1.7% from the previous period to 17.7 billion yen. For the fiscal year ending February 2027, the consolidated ordinary profit is expected to grow by 1.2% to 17.9 billion yen, marking the fourth consecutive term of record-high profits. This will be the 31st consecutive term of revenue and the sixth consecutive term of profit growth.
At the same time, the company increased the annual dividend for the previous term from 100 yen to 125 yen (compared to 80 yen in the prior term). For the current term, the company plans to remove the commemorative dividend of the previous term and set the dividend for this term at an ordinary dividend of 110 yen.
In the most recent three-month period, from December to February (4Q), the consolidated ordinary profit amounted to 4.65 billion yen, an increase of 1.3% compared to the same period last year. However, the operating profit margin remained almost flat, changing from 7.3% in the same period last year to 7.0%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2024 | 227,581 | 16,464 | 16,893 | 10,683 | 172.8 | 55 | Apr 5, 2024 | J-GAAP |
| Feb, 2025 | 237,156 | 16,923 | 17,468 | 11,469 | 185.5 | 80 | Apr 7, 2025 | J-GAAP |
| Feb, 2026 | 245,548 | 17,070 | 17,768 | 10,678 | 172.7 | 125 | Apr 7, 2026 | J-GAAP |
| YoY | +3.5% | +0.9% | +1.7% | -6.9% | -6.9% |
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 | 247,876 | 17,227 | 17,796 | 11,005 | 177.9 | 100 | Apr 7, 2025 | J-GAAP |
| Feb, 2026 Results | 245,548 | 17,070 | 17,768 | 10,678 | 172.7 | 125 | Apr 7, 2026 | J-GAAP |
| Revision Rate | -0.9% | -0.9% | -0.2% | -3.0% | -3.0% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar - Aug, 2025 | 122,216 | 8,706 | 9,106 | 5,874 | 95.0 | 0 | Oct 7, 2025 | J-GAAP |
| Mar - Aug, 2026 Guidance | 129,789 | 9,026 | 9,353 | 5,887 | 95.2 | 0 | Apr 7, 2026 | J-GAAP |
| YoY | +6.2% | +3.7% | +2.7% | +0.2% | +0.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2025 | 237,156 | 16,923 | 17,468 | 11,469 | 185.5 | 80 | Apr 7, 2025 | J-GAAP |
| Feb, 2026 | 245,548 | 17,070 | 17,768 | 10,678 | 172.7 | 125 | Apr 7, 2026 | J-GAAP |
| Feb, 2027 Guidance | 257,270 | 17,527 | 17,975 | 11,025 | 178.3 | 110 | Apr 7, 2026 | J-GAAP |
| YoY | +4.8% | +2.7% | +1.2% | +3.2% | +3.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec - Feb, 2024 | 60,531 | 4,400 | 4,598 | 3,323 | 53.7 | 7.3 | Apr 7, 2025 | J-GAAP |
| Mar - May, 2025 | 59,057 | 4,101 | 4,337 | 2,922 | 47.3 | 6.9 | Jul 4, 2025 | J-GAAP |
| Jun - Aug, 2025 | 63,159 | 4,605 | 4,769 | 2,952 | 47.7 | 7.3 | Oct 7, 2025 | J-GAAP |
| Sep - Nov, 2025 | 60,245 | 3,920 | 4,003 | 2,203 | 35.6 | 6.5 | Jan 7, 2026 | J-GAAP |
| Dec - Feb, 2025 | 63,087 | 4,444 | 4,659 | 2,601 | 42.1 | 7.0 | Apr 7, 2026 | J-GAAP |
| YoY | +4.2% | +1.0% | +1.3% | -21.7% | -21.7% |
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