kabutan

Shinwa, First Half Ordinary Profit Unexpectedly Revised Upward by 22%

Fri Apr 10, 2026 4:00 pm JST Earnings

7607 Shinwa Co., Ltd. 【J-GAAP】

Earnings Report

Shinwa Co., Ltd. <7607> [TSE Prime] announced its financial results after the market closed on April 10th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending August 2026 (September 2025 to February 2026) increased 22.2% from the same period last year, reaching 3.01 billion yen, resulting in an increase in profits compared to the previous forecast of a 10.8% decrease.

Progress toward the full-year plan of 4.50 billion yen was 66.9%, also surpassing the five-year average of 52.2%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the March to August period (second half) is expected to drop 36.5% from the same period last year to 1.48 billion yen.

In the most recent three-month period, from December to February (2Q), the consolidated ordinary profit grew 24.4% from the same period last year, reaching 1.83 billion yen. The operating profit margin improved from 6.3% in the same period last year to 7.3%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Sep - Feb, 2023 38,434 1,603 1,836 1,275 95.3 47.1 Apr 11, 2024 J-GAAP
Sep - Feb, 2024 42,199 2,290 2,465 1,659 123.9 51.3 Apr 11, 2025 J-GAAP
Sep - Feb, 2025 44,771 2,913 3,012 2,053 153.1 66.9 Apr 10, 2026 J-GAAP
YoY +6.1% +27.2% +22.2% +23.7% +23.6%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep - Feb, 2025 Guidance 43,000 2,100 2,200 1,500 111.8 62 Oct 14, 2025 J-GAAP
Sep - Feb, 2025 Results 44,771 2,913 3,012 2,053 153.1 62 Apr 10, 2026 J-GAAP
Revision Rate +4.1% +38.7% +36.9% +36.9% +37.0%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar - Aug, 2025 43,947 2,246 2,344 1,653 123.4 68 Oct 14, 2025 J-GAAP
Mar - Aug, 2026 Guidance 42,229 1,387 1,488 1,047 78.1 62 Apr 10, 2026 J-GAAP
YoY -3.9% -38.2% -36.5% -36.7% -36.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug, 2024 77,845 3,559 3,901 2,729 203.9 102 Oct 15, 2024 J-GAAP
Aug, 2025 86,146 4,536 4,809 3,312 247.2 124 Oct 14, 2025 J-GAAP
Aug, 2026 Guidance 87,000 4,300 4,500 3,100 231.1 124 Oct 14, 2025 J-GAAP
YoY +1.0% -5.2% -6.4% -6.4% -6.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Dec - Feb, 2024 22,930 1,442 1,477 1,023 76.4 6.3 Apr 11, 2025 J-GAAP
Mar - May, 2025 22,211 1,520 1,514 1,025 76.5 6.8 Jul 11, 2025 J-GAAP
Jun - Aug, 2025 21,736 726 830 628 46.9 3.3 Oct 14, 2025 J-GAAP
Sep - Nov, 2025 19,720 1,082 1,175 811 60.5 5.5 Jan 13, 2026 J-GAAP
Dec - Feb, 2025 25,051 1,831 1,837 1,242 92.6 7.3 Apr 10, 2026 J-GAAP
YoY +9.2% +27.0% +24.4% +21.4% +21.3%

Related Articles