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Joshin Denki, 8% Increase in Ordinary Profit for The Current Fiscal Year
8173 Joshin Corporation 【J-GAAP】
Earnings ReportJoshin Corporation <8173> [TSE Prime] announced its financial results at noon (12:00) on May 8th. The consolidated ordinary profit for the fiscal year ended March 2026 expanded to 46.5% from the previous period to 5.11 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to grow by 7.6% to 5.50 billion yen.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit grew 5.9% from the same period last year, reaching 2.24 billion yen. The operating profit margin remained almost flat, changing from 2.0% in the same period last year to 2.1%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 403,692 | 8,364 | 8,251 | 4,891 | 185.9 | 90 | May 7, 2024 | J-GAAP |
| Mar, 2025 | 403,259 | 3,688 | 3,491 | 3,407 | 131.1 | 100 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 436,650 | 5,422 | 5,113 | 3,280 | 126.8 | 100 | May 8, 2026 | J-GAAP |
| YoY | +8.3% | +47.0% | +46.5% | -3.7% | -3.3% |
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 | 436,000 | 5,500 | 5,200 | 3,500 | 135.3 | 100 | Apr 30, 2026 | J-GAAP |
| Mar, 2026 Results | 436,650 | 5,422 | 5,113 | 3,280 | 126.8 | 100 | May 8, 2026 | J-GAAP |
| Revision Rate | +0.1% | -1.4% | -1.7% | -6.3% | -6.3% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 210,452 | 2,138 | 2,004 | 1,894 | 73.3 | 50 | Nov 4, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 211,000 | 2,500 | 2,300 | 1,900 | 73.4 | 50 | May 8, 2026 | J-GAAP |
| YoY | +0.3% | +16.9% | +14.8% | +0.3% | +0.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 403,259 | 3,688 | 3,491 | 3,407 | 131.1 | 100 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 436,650 | 5,422 | 5,113 | 3,280 | 126.8 | 100 | May 8, 2026 | J-GAAP |
| Mar, 2027 Guidance | 438,000 | 6,000 | 5,500 | 3,500 | 135.2 | 100 | May 8, 2026 | J-GAAP |
| YoY | +0.3% | +10.7% | +7.6% | +6.7% | +6.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 108,242 | 2,201 | 2,118 | 1,013 | 39.0 | 2.0 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 99,738 | 564 | 481 | 503 | 19.5 | 0.6 | Aug 5, 2025 | J-GAAP |
| Jul - Sep, 2025 | 110,714 | 1,574 | 1,523 | 1,391 | 53.8 | 1.4 | Nov 4, 2025 | J-GAAP |
| Oct - Dec, 2025 | 114,580 | 944 | 865 | 907 | 35.1 | 0.8 | Feb 3, 2026 | J-GAAP |
| Jan - Mar, 2026 | 111,618 | 2,340 | 2,244 | 479 | 18.5 | 2.1 | May 8, 2026 | J-GAAP |
| YoY | +3.1% | +6.3% | +5.9% | -52.7% | -52.5% |
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