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SANKO METAL INDUSTRIAL, 6% Decrease in Ordinary Profit for The Current Fiscal Year, Dividend Effectively Cut
1972 SANKO METAL INDUSTRIAL CO.,LTD. 【J-GAAP】
Earnings ReportSANKO METAL INDUSTRIAL CO.,LTD. <1972> [TSE Std] announced its financial results in the afternoon session on April 24th (15:00). The ordinary profit (non-consolidated) for the fiscal year ended March 2026 decreased by 7.2% from the previous period to 3.84 billion yen. For the fiscal year ending March 2027, the ordinary profit is expected to decrease by 6.3% from the previous period to 3.60 billion yen.
At the same time, the annual dividend for this fiscal year is 64 yen, taking into account the previous year's forward stock split, this dividend represents an actual reduce of 7.2%.
In the most recent three-month period, from January to March (4Q), the ordinary profit grew 6.7% from the same period last year, reaching 1.33 billion yen. The operating profit margin rose from 10.2% in the same period last year to 10.4%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 42,914 | 3,711 | 3,709 | 2,593 | 134.5 | 40 | Apr 26, 2024 | J-GAAP |
| Mar, 2025 | 45,362 | 4,112 | 4,139 | 2,941 | 152.6 | 76 | Apr 25, 2025 | J-GAAP |
| Mar, 2026 | 47,058 | 3,778 | 3,843 | 2,645 | 137.2 | 69 | Apr 24, 2026 | J-GAAP |
| YoY | +3.7% | -8.1% | -7.2% | -10.1% | -10.1% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Guidance | 46,000 | 3,750 | 3,800 | 2,660 | 138.0 | 69 | Jun 27, 2025 | J-GAAP |
| Mar, 2026 Results | 47,058 | 3,778 | 3,843 | 2,645 | 137.2 | 69 | Apr 24, 2026 | J-GAAP |
| Revision Rate | +2.3% | +0.7% | +1.1% | -0.6% | -0.6% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 22,362 | 1,606 | 1,641 | 1,136 | 58.9 | 34 | Oct 31, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 22,500 | 1,450 | 1,500 | 1,030 | 53.4 | 30 | Apr 24, 2026 | J-GAAP |
| YoY | +0.6% | -9.7% | -8.6% | -9.3% | -9.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 45,362 | 4,112 | 4,139 | 2,941 | 152.6 | 76 | Apr 25, 2025 | J-GAAP |
| Mar, 2026 | 47,058 | 3,778 | 3,843 | 2,645 | 137.2 | 69 | Apr 24, 2026 | J-GAAP |
| Mar, 2027 Guidance | 47,000 | 3,500 | 3,600 | 2,450 | 127.1 | 64 | Apr 24, 2026 | J-GAAP |
| YoY | -0.1% | -7.4% | -6.3% | -7.4% | -7.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 12,266 | 1,250 | 1,251 | 963 | 50.0 | 10.2 | Apr 25, 2025 | J-GAAP |
| Apr - Jun, 2025 | 9,117 | 253 | 273 | 222 | 11.5 | 2.8 | Jul 25, 2025 | J-GAAP |
| Jul - Sep, 2025 | 13,245 | 1,353 | 1,368 | 914 | 47.4 | 10.2 | Oct 31, 2025 | J-GAAP |
| Oct - Dec, 2025 | 12,039 | 853 | 867 | 593 | 30.8 | 7.1 | Jan 30, 2026 | J-GAAP |
| Jan - Mar, 2026 | 12,657 | 1,319 | 1,335 | 916 | 47.5 | 10.4 | Apr 24, 2026 | J-GAAP |
| YoY | +3.2% | +5.5% | +6.7% | -4.9% | -4.9% |
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