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KOEI TECMO HOLDINGS, 26% Decrease in Ordinary Profit for The Current Fiscal Year, Despite Last Fiscal Year's Dividend Increase, This Fiscal Year to Decrease Dividend
3635 KOEI TECMO HOLDINGS CO., LTD. 【J-GAAP】
Earnings ReportKOEI TECMO HOLDINGS CO., LTD. <3635> [TSE Prime] announced its financial results after the market closed on April 27th (16:00). The consolidated ordinary profit for the fiscal year ended March 2026 increased by 14.0% from the previous period to 57.0 billion yen. However, for the fiscal year ending March 2027, the consolidated ordinary profit is expected to decrease by 26.3% from the previous period to 42.0 billion yen.
At the same time, the company increased the annual dividend for the previous term from 43 yen to 66 yen (compared to 60 yen in the prior term), and has decided to reduce the dividend this fiscal year to 48 yen, a decrease of 18 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit increased 53.8% from the same period last year, reaching 25.9 billion yen. The operating profit margin rose from 55.7% in the same period last year to 61.6%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 84,584 | 28,494 | 45,741 | 33,792 | 107.1 | 54 | Apr 30, 2024 | J-GAAP |
| Mar, 2025 | 83,150 | 32,119 | 49,988 | 37,628 | 119.1 | 60 | Apr 30, 2025 | J-GAAP |
| Mar, 2026 | 88,393 | 37,168 | 57,000 | 42,830 | 131.8 | 66 | Apr 27, 2026 | J-GAAP |
| YoY | +6.3% | +15.7% | +14.0% | +13.8% | +10.6% |
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 | 87,500 | 36,000 | 55,500 | 41,500 | 127.7 | 43 | Apr 20, 2026 | J-GAAP |
| Mar, 2026 Results | 88,393 | 37,168 | 57,000 | 42,830 | 131.8 | 66 | Apr 27, 2026 | J-GAAP |
| Revision Rate | +1.0% | +3.2% | +2.7% | +3.2% | +3.2% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 31,268 | 7,964 | 17,795 | 13,465 | 42.6 | 0 | Oct 27, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 34,000 | 7,000 | 12,000 | 9,000 | 26.9 | 0 | Apr 27, 2026 | J-GAAP |
| YoY | +8.7% | -12.1% | -32.6% | -33.2% | -36.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 83,150 | 32,119 | 49,988 | 37,628 | 119.1 | 60 | Apr 30, 2025 | J-GAAP |
| Mar, 2026 | 88,393 | 37,168 | 57,000 | 42,830 | 131.8 | 66 | Apr 27, 2026 | J-GAAP |
| Mar, 2027 Guidance | 90,000 | 32,000 | 42,000 | 31,000 | 92.8 | 48 | Apr 27, 2026 | J-GAAP |
| YoY | +1.8% | -13.9% | -26.3% | -27.6% | -29.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 30,580 | 17,044 | 16,844 | 12,467 | 39.5 | 55.7 | Apr 30, 2025 | J-GAAP |
| Apr - Jun, 2025 | 14,800 | 3,574 | 8,769 | 6,072 | 19.2 | 24.1 | Jul 28, 2025 | J-GAAP |
| Jul - Sep, 2025 | 16,468 | 4,390 | 9,026 | 7,393 | 23.4 | 26.7 | Oct 27, 2025 | J-GAAP |
| Oct - Dec, 2025 | 20,461 | 6,607 | 13,304 | 10,315 | 32.0 | 32.3 | Jan 26, 2026 | J-GAAP |
| Jan - Mar, 2026 | 36,664 | 22,597 | 25,901 | 19,050 | 58.6 | 61.6 | Apr 27, 2026 | J-GAAP |
| YoY | +19.9% | +32.6% | +53.8% | +52.8% | +48.5% |
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