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SUGI HOLDINGS, 10% Increase in Ordinary Profit, Update Record High for Fourth Consecutive Term
7649 SUGI HOLDINGS CO.,LTD. 【J-GAAP】
Earnings ReportSUGI HOLDINGS CO.,LTD. <7649> [TSE Prime] announced its financial results after the market closed on April 9th (15:30). The consolidated ordinary profit for the fiscal year ended February 2026 increased by 19.2% from the previous period to 50.0 billion yen. For the fiscal year ending February 2027, the consolidated ordinary profit is expected to grow by 9.9% to 55.0 billion yen, marking the fourth consecutive term of record-high profits. This will be the 31st consecutive term of revenue and the fourth consecutive term of profit growth.
At the same time, the company intends to pay an annual dividend of 25 yen for the current fiscal year, with the actual dividend unchanged from the previous year's dividend after taking the forward stock split into account.
In the most recent three-month period, from December to February (4Q), the consolidated ordinary profit increased 31.6% from the same period last year, reaching 15.3 billion yen. However, the operating profit margin remained almost flat, changing from 5.7% in the same period last year to 5.5%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2024 | 744,477 | 36,622 | 38,039 | 21,979 | 121.5 | 26.67 | Apr 2, 2024 | J-GAAP |
| Feb, 2025 | 878,021 | 42,563 | 41,993 | 25,689 | 142.0 | 35 | Apr 10, 2025 | J-GAAP |
| Feb, 2026 | 1,010,336 | 48,568 | 50,062 | 44,982 | 248.6 | 35 | Apr 9, 2026 | J-GAAP |
| YoY | +15.1% | +14.1% | +19.2% | +75.1% | +75.1% |
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 | 1,005,000 | 49,000 | 50,500 | 44,200 | 244.2 | 35 | Jul 10, 2025 | J-GAAP |
| Feb, 2026 Results | 1,010,336 | 48,568 | 50,062 | 44,982 | 248.6 | 35 | Apr 9, 2026 | J-GAAP |
| Revision Rate | +0.5% | -0.9% | -0.9% | +1.8% | +1.8% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar - Aug, 2025 | 500,172 | 23,696 | 24,236 | 28,616 | 158.1 | 15 | Oct 9, 2025 | J-GAAP |
| Mar - Aug, 2026 Guidance | 548,000 | 26,700 | 27,100 | 17,100 | 94.5 | 15 | Apr 9, 2026 | J-GAAP |
| YoY | +9.6% | +12.7% | +11.8% | -40.2% | -40.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2025 | 878,021 | 42,563 | 41,993 | 25,689 | 142.0 | 35 | Apr 10, 2025 | J-GAAP |
| Feb, 2026 | 1,010,336 | 48,568 | 50,062 | 44,982 | 248.6 | 35 | Apr 9, 2026 | J-GAAP |
| Feb, 2027 Guidance | 1,092,000 | 54,000 | 55,000 | 32,800 | 181.2 | 35 | Apr 9, 2026 | J-GAAP |
| YoY | +8.1% | +11.2% | +9.9% | -27.1% | -27.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec - Feb, 2024 | 243,402 | 13,806 | 11,634 | 6,623 | 36.6 | 5.7 | Apr 10, 2025 | J-GAAP |
| Mar - May, 2025 | 245,458 | 11,005 | 11,372 | 21,224 | 117.3 | 4.5 | Jul 10, 2025 | J-GAAP |
| Jun - Aug, 2025 | 254,714 | 12,691 | 12,864 | 7,392 | 40.9 | 5.0 | Oct 9, 2025 | J-GAAP |
| Sep - Nov, 2025 | 249,955 | 10,441 | 10,514 | 7,051 | 39.0 | 4.2 | Jan 8, 2026 | J-GAAP |
| Dec - Feb, 2025 | 260,209 | 14,431 | 15,312 | 9,315 | 51.5 | 5.5 | Apr 9, 2026 | J-GAAP |
| YoY | +6.9% | +4.5% | +31.6% | +40.6% | +40.6% |
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