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TOENEC, 4% Increase in Ordinary Profit, Update Record High for Third Consecutive Term, Increased Previous Year's Dividend by 11 Yen, Plan to Continue the 76 Yen Policy This Fiscal Year as Well
1946 TOENEC CORPORATION 【J-GAAP】
Earnings ReportTOENEC CORPORATION <1946> [TSE Prime] announced its financial results after the market closed on April 28th (15:40). The consolidated ordinary profit for the fiscal year ended March 2026 expanded to 47.4% from the previous period to 22.6 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to grow by 3.8% to 23.5 billion yen, marking the third consecutive term of record-high profits. This will be the sixth consecutive term of revenue and the fourth consecutive term of profit growth.
At the same time, the company increased the annual dividend for the previous term from 65 yen to 76 yen (compared to 130 yen in the prior term), and has decided to continue with a dividend of 76 yen for the current term as well.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit increased 63.3% from the same period last year, reaching 9.22 billion yen. The operating profit margin improved from 8.2% in the same period last year to 10.5%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 252,863 | 15,910 | 12,679 | 9,345 | 100.0 | 40 | Apr 26, 2024 | J-GAAP |
| Mar, 2025 | 270,966 | 16,041 | 15,360 | 10,765 | 115.7 | 50 | Apr 28, 2025 | J-GAAP |
| Mar, 2026 | 272,468 | 21,421 | 22,639 | 17,810 | 191.9 | 76 | Apr 28, 2026 | J-GAAP |
| YoY | +0.6% | +33.5% | +47.4% | +65.4% | +65.9% |
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 | 277,000 | 20,000 | 20,000 | 15,000 | 161.6 | 65 | Oct 28, 2025 | J-GAAP |
| Mar, 2026 Results | 272,468 | 21,421 | 22,639 | 17,810 | 191.9 | 76 | Apr 28, 2026 | J-GAAP |
| Revision Rate | -1.6% | +7.1% | +13.2% | +18.7% | +18.7% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 124,714 | 8,566 | 8,684 | 7,216 | 77.8 | 28 | Oct 28, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 129,000 | 10,000 | 9,500 | 8,500 | 90.9 | 31 | Apr 28, 2026 | J-GAAP |
| YoY | +3.4% | +16.7% | +9.4% | +17.8% | +17.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 270,966 | 16,041 | 15,360 | 10,765 | 115.7 | 50 | Apr 28, 2025 | J-GAAP |
| Mar, 2026 | 272,468 | 21,421 | 22,639 | 17,810 | 191.9 | 76 | Apr 28, 2026 | J-GAAP |
| Mar, 2027 Guidance | 285,000 | 24,000 | 23,500 | 18,000 | 192.6 | 76 | Apr 28, 2026 | J-GAAP |
| YoY | +4.6% | +12.0% | +3.8% | +1.1% | +0.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 72,653 | 5,978 | 5,646 | 4,711 | 50.6 | 8.2 | Apr 28, 2025 | J-GAAP |
| Apr - Jun, 2025 | 61,158 | 3,429 | 3,377 | 2,056 | 22.2 | 5.6 | Jul 29, 2025 | J-GAAP |
| Jul - Sep, 2025 | 63,556 | 5,137 | 5,307 | 5,160 | 55.6 | 8.1 | Oct 28, 2025 | J-GAAP |
| Oct - Dec, 2025 | 67,388 | 4,379 | 4,734 | 3,707 | 39.9 | 6.5 | Feb 2, 2026 | J-GAAP |
| Jan - Mar, 2026 | 80,366 | 8,476 | 9,221 | 6,887 | 74.2 | 10.5 | Apr 28, 2026 | J-GAAP |
| YoY | +10.6% | +41.8% | +63.3% | +46.2% | +46.6% |
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