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SANYO DENKI, 39% Increase in Net Income, Record High for The First Time in Four Years, Increased Previous Year's Dividend by 33.33 Yen, This Fiscal Year to Increase Dividend
6516 SANYO DENKI CO.,LTD. 【IFRS】
Earnings ReportSANYO DENKI CO.,LTD. <6516> [TSE Prime] announced its financial results (based on IFRS) in the morning on April 27th (11:00). The consolidated net income for the fiscal year ended March 2026 increased by 53.6% from the previous period to 8.66 billion yen. For the fiscal year ending March 2027, the consolidated net income is expected to expand to 38.6% to 12.0 billion yenExpected to reach record high profits for the first time in four years.
At the same time, the company increased the annual dividend for the previous term from 136.67 yen to 170 yen (compared to 165 yen before the 3-for-1 forward stock split in the previous term), and the annual dividend for this fiscal year is 170 yen, taking into account the previous year's forward stock split, this dividend represents an actual increase of 64.5%.
In the most recent three-month period, from January to March (4Q), the consolidated net income increased 77.5% from the same period last year, reaching 2.90 billion yen. However, the operating profit margin decreased from 11.6% in the same period last year to 11.4%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 112,904 | 11,811 | 13,323 | 10,477 | 289.2 | 48.33 | Apr 25, 2024 | IFRS |
| Mar, 2025 | 97,847 | 7,936 | 8,003 | 5,637 | 157.6 | 55 | Apr 25, 2025 | IFRS |
| Mar, 2026 | 107,346 | 10,885 | 11,747 | 8,661 | 243.9 | 103.33 | Apr 27, 2026 | IFRS |
| YoY | +9.7% | +37.2% | +46.8% | +53.6% | +54.8% |
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 | 107,100 | 11,550 | 11,950 | 8,500 | 239.3 | 70 | Aug 20, 2025 | IFRS |
| Mar, 2026 Results | 107,346 | 10,885 | 11,747 | 8,661 | 243.9 | 103.33 | Apr 27, 2026 | IFRS |
| Revision Rate | +0.2% | -5.8% | -1.7% | +1.9% | +1.9% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 50,784 | 4,848 | 4,937 | 3,509 | 98.8 | 33.33 | Oct 31, 2025 | IFRS |
| Apr - Sep, 2026 Guidance | 62,750 | 7,570 | 7,770 | 5,600 | 157.7 | 80 | Apr 27, 2026 | IFRS |
| YoY | +23.6% | +56.1% | +57.4% | +59.6% | +59.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 97,847 | 7,936 | 8,003 | 5,637 | 157.6 | 55 | Apr 25, 2025 | IFRS |
| Mar, 2026 | 107,346 | 10,885 | 11,747 | 8,661 | 243.9 | 103.33 | Apr 27, 2026 | IFRS |
| Mar, 2027 Guidance | 128,850 | 16,290 | 16,690 | 12,000 | 337.9 | 170 | Apr 27, 2026 | IFRS |
| YoY | +20.0% | +49.7% | +42.1% | +38.6% | +38.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 26,133 | 3,032 | 2,511 | 1,636 | 45.7 | 11.6 | Apr 25, 2025 | IFRS |
| Apr - Jun, 2025 | 24,151 | 1,767 | 1,505 | 1,051 | 29.6 | 7.3 | Jul 30, 2025 | IFRS |
| Jul - Sep, 2025 | 26,633 | 3,081 | 3,432 | 2,458 | 69.2 | 11.6 | Oct 31, 2025 | IFRS |
| Oct - Dec, 2025 | 27,320 | 2,694 | 3,209 | 2,248 | 63.3 | 9.9 | Jan 29, 2026 | IFRS |
| Jan - Mar, 2026 | 29,242 | 3,343 | 3,601 | 2,904 | 81.8 | 11.4 | Apr 27, 2026 | IFRS |
| YoY | +11.9% | +10.3% | +43.4% | +77.5% | +78.8% |
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The Nikkei 225 recovered to 60,000 yen level for the first time in 4 days
Nikkei 225 open on the 27th = 164 yen higher, 59,880 yen