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AICHI ELECTRIC, 13% Decrease in Ordinary Profit for The Current Fiscal Year, Increased Previous Year's Dividend by 40 Yen, Plan to Continue the 280 Yen Policy This Fiscal Year as Well
6623 AICHI ELECTRIC CO.,LTD. 【J-GAAP】
Earnings ReportAICHI ELECTRIC CO.,LTD. <6623> [NSE Prem] announced its financial results in the afternoon session on April 30th (14:40). The consolidated ordinary profit for the fiscal year ended March 2026 increased by 27.9% from the previous period to 11.9 billion yen. However, for the fiscal year ending March 2027, the consolidated ordinary profit is expected to decrease by 12.8% from the previous period to 10.4 billion yen.
At the same time, the company increased the annual dividend for the previous term from 240 yen to 280 yen (compared to 220 yen in the prior term), and has decided to continue with a dividend of 280 yen for the current term as well.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit increased 44.7% from the same period last year, reaching 3.02 billion yen. The operating profit margin improved from 5.8% in the same period last year to 7.8%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 110,595 | 7,059 | 8,312 | 5,937 | 625.6 | 160 | Apr 30, 2024 | J-GAAP |
| Mar, 2025 | 120,270 | 8,665 | 9,323 | 6,684 | 711.0 | 220 | Apr 30, 2025 | J-GAAP |
| Mar, 2026 | 129,382 | 11,153 | 11,925 | 8,527 | 907.5 | 280 | Apr 30, 2026 | J-GAAP |
| YoY | +7.6% | +28.7% | +27.9% | +27.6% | +27.6% |
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 | 128,000 | 10,000 | 10,500 | 7,400 | 787.4 | 240 | Jan 29, 2026 | J-GAAP |
| Mar, 2026 Results | 129,382 | 11,153 | 11,925 | 8,527 | 907.5 | 280 | Apr 30, 2026 | J-GAAP |
| Revision Rate | +1.1% | +11.5% | +13.6% | +15.2% | +15.3% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 60,147 | 5,134 | 5,444 | 3,925 | 417.8 | 110 | Oct 30, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 65,000 | 4,000 | 4,100 | 2,600 | 276.7 | 140 | Apr 30, 2026 | J-GAAP |
| YoY | +8.1% | -22.1% | -24.7% | -33.8% | -33.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 120,270 | 8,665 | 9,323 | 6,684 | 711.0 | 220 | Apr 30, 2025 | J-GAAP |
| Mar, 2026 | 129,382 | 11,153 | 11,925 | 8,527 | 907.5 | 280 | Apr 30, 2026 | J-GAAP |
| Mar, 2027 Guidance | 138,000 | 10,100 | 10,400 | 7,000 | 744.8 | 280 | Apr 30, 2026 | J-GAAP |
| YoY | +6.7% | -9.4% | -12.8% | -17.9% | -17.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 32,713 | 1,913 | 2,091 | 1,686 | 179.3 | 5.8 | Apr 30, 2025 | J-GAAP |
| Apr - Jun, 2025 | 28,744 | 2,465 | 2,535 | 1,930 | 205.5 | 8.6 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 31,403 | 2,669 | 2,909 | 1,995 | 212.3 | 8.5 | Oct 30, 2025 | J-GAAP |
| Oct - Dec, 2025 | 32,609 | 3,169 | 3,456 | 2,390 | 254.4 | 9.7 | Jan 29, 2026 | J-GAAP |
| Jan - Mar, 2026 | 36,626 | 2,850 | 3,025 | 2,212 | 235.4 | 7.8 | Apr 30, 2026 | J-GAAP |
| YoY | +12.0% | +49.0% | +44.7% | +31.2% | +31.3% |
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