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YAMATO, 15% Decrease in Ordinary Profit for The Current Fiscal Year, Increased Previous Year's Dividend by 4 Yen, This Fiscal Year to Increase Dividend by 17 Yen
1967 YAMATO CORPORATION 【J-GAAP】
Earnings ReportYAMATO CORPORATION <1967> [TSE Std] announced its financial results in the afternoon session on May 7th (15:00). The consolidated ordinary profit for the fiscal year ended March 2026 increased by 15.8% from the previous period to 6.12 billion yen. However, for the fiscal year ending March 2027, the consolidated ordinary profit is expected to decrease by 15.0% from the previous period to 5.20 billion yen.
At the same time, the company increased the annual dividend for the previous term from 56 yen to 60 yen (compared to 45 yen in the prior term), and has decided to increase the dividend this fiscal year to 77 yen, an increase of 17 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit decreased to 1.77 billion yen, a 4.0% decrease compared to the same period last year. However, the operating profit margin rose from 11.3% in the same period last year to 12.7%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 48,296 | 1,807 | 2,331 | 1,479 | 58.7 | 27 | May 7, 2024 | J-GAAP |
| Mar, 2025 | 53,168 | 4,796 | 5,283 | 3,932 | 158.3 | 45 | May 7, 2025 | J-GAAP |
| Mar, 2026 | 54,327 | 5,401 | 6,120 | 4,589 | 197.5 | 60 | May 7, 2026 | J-GAAP |
| YoY | +2.2% | +12.6% | +15.8% | +16.7% | +24.8% |
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 | 54,900 | 5,300 | 5,700 | 4,300 | 192.1 | 56 | Feb 3, 2026 | J-GAAP |
| Mar, 2026 Results | 54,327 | 5,401 | 6,120 | 4,589 | 197.5 | 60 | May 7, 2026 | J-GAAP |
| Revision Rate | -1.0% | +1.9% | +7.4% | +6.7% | +2.8% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 26,401 | 2,419 | 2,760 | 2,188 | 90.9 | 0 | Nov 4, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 26,500 | 1,850 | 2,200 | 1,800 | 80.4 | 0 | May 7, 2026 | J-GAAP |
| YoY | +0.4% | -23.5% | -20.3% | -17.7% | -11.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 53,168 | 4,796 | 5,283 | 3,932 | 158.3 | 45 | May 7, 2025 | J-GAAP |
| Mar, 2026 | 54,327 | 5,401 | 6,120 | 4,589 | 197.5 | 60 | May 7, 2026 | J-GAAP |
| Mar, 2027 Guidance | 55,000 | 4,800 | 5,200 | 4,300 | 192.1 | 77 | May 7, 2026 | J-GAAP |
| YoY | +1.2% | -11.1% | -15.0% | -6.3% | -2.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 16,201 | 1,835 | 1,852 | 1,598 | 64.3 | 11.3 | May 7, 2025 | J-GAAP |
| Apr - Jun, 2025 | 13,582 | 1,330 | 1,430 | 914 | 36.9 | 9.8 | Aug 1, 2025 | J-GAAP |
| Jul - Sep, 2025 | 12,819 | 1,089 | 1,330 | 1,274 | 53.0 | 8.5 | Nov 4, 2025 | J-GAAP |
| Oct - Dec, 2025 | 14,530 | 1,278 | 1,582 | 997 | 42.4 | 8.8 | Feb 3, 2026 | J-GAAP |
| Jan - Mar, 2026 | 13,396 | 1,704 | 1,778 | 1,404 | 60.4 | 12.7 | May 7, 2026 | J-GAAP |
| YoY | -17.3% | -7.1% | -4.0% | -12.1% | -6.0% |
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