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SHUEI YOBIKO, Ordinary Profit Forecast for Last Fiscal Year Revised Upward by 11%
4678 SHUEI YOBIKO Co.,Ltd. 【J-GAAP】
Guidance Update ReportSHUEI YOBIKO Co.,Ltd. <4678> [TSE Std] announced a performance revision after the market closed on April 28th (15:30). The consolidated ordinary profit forecast for the fiscal year ending March 2026 has been revised upward 10.6%, from the previous forecast of 417 million yen to 461 million yen (compared to 397 million yen in the previous period), increasing the growth rate from 5.0% to 16.1%. However, the full-year forecast for consolidated net income has decreased 78.5%, from the previous forecast of 200 million yen to 43 million yen (compared to 298 million yen in the previous period), leading to an increase in the profit decline rate from 32.9% to 85.6%.
Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (second half) consolidated ordinary profit is expected to increase 6.7%, from the previous forecast of 657 million yen to 701 million yen (compared to 650 million yen in the same period of the previous year), increasing the growth rate from 1.1% to 7.8%.
Kabutan News
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2025 Prev | 5,993 | 653 | 657 | 596 | 88.8 | 10 | Nov 6, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 5,828 | 694 | 701 | 439 | 65.9 | 10 | Apr 28, 2026 | J-GAAP |
| Revision Rate | -2.8% | +6.3% | +6.7% | -26.3% | -25.9% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 10,880 | 412 | 417 | 200 | 29.8 | 10 | Aug 18, 2025 | J-GAAP |
| Mar, 2026 New | 10,715 | 453 | 461 | 43 | 6.5 | 10 | Apr 28, 2026 | J-GAAP |
| Revision Rate | -1.5% | +10.0% | +10.6% | -78.5% | -78.4% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 5,820 | 646 | 650 | 587 | 87.5 | 10 | May 8, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 5,828 | 694 | 701 | 439 | 65.9 | 10 | Apr 28, 2026 | J-GAAP |
| YoY | +0.1% | +7.4% | +7.8% | -25.2% | -24.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 10,344 | 217 | 232 | -425 | -63.4 | 0 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 10,693 | 386 | 397 | 298 | 44.4 | 10 | May 8, 2025 | J-GAAP |
| Mar, 2026 Guidance | 10,715 | 453 | 461 | 43 | 6.5 | 10 | Apr 28, 2026 | J-GAAP |
| YoY | +0.2% | +17.4% | +16.1% | -85.6% | -85.5% |
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