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MORY INDUSTRIES, 6% Decrease in Ordinary Profit for The Current Fiscal Year, Dividend to Cut by 2 Yen
5464 MORY INDUSTRIES INC. 【J-GAAP】
Earnings ReportMORY INDUSTRIES INC. <5464> [TSE Std] announced its financial results in the afternoon session on May 8th (13:30). The consolidated ordinary profit for the fiscal year ended March 2026 decreased by 14.7% from the previous period to 4.87 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to decrease by 5.7% from the previous period to 4.60 billion yen. This will be the fourth consecutive term of declining profits.
At the same time, the company has decided to reduce the dividend this fiscal year to 34 yen, a decrease of 2 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit grew 3.9% from the same period last year, reaching 1.16 billion yen. The operating profit margin remained almost flat, changing from 9.8% in the same period last year to 9.9%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 47,898 | 5,896 | 6,393 | 4,519 | 116.4 | 46 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 46,141 | 5,396 | 5,722 | 4,128 | 107.0 | 42 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 43,288 | 4,378 | 4,879 | 3,358 | 88.4 | 36 | May 8, 2026 | J-GAAP |
| YoY | -6.2% | -18.9% | -14.7% | -18.7% | -17.4% |
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 | 45,800 | 4,600 | 4,800 | 3,400 | 89.5 | 36 | May 9, 2025 | J-GAAP |
| Mar, 2026 Results | 43,288 | 4,378 | 4,879 | 3,358 | 88.4 | 36 | May 8, 2026 | J-GAAP |
| Revision Rate | -5.5% | -4.8% | +1.6% | -1.2% | -1.3% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 21,613 | 2,067 | 2,299 | 1,590 | 41.8 | 16 | Oct 31, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 21,600 | 2,100 | 2,300 | 1,600 | 42.1 | 16 | May 8, 2026 | J-GAAP |
| YoY | -0.1% | +1.6% | +0.0% | +0.6% | +0.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 46,141 | 5,396 | 5,722 | 4,128 | 107.0 | 42 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 43,288 | 4,378 | 4,879 | 3,358 | 88.4 | 36 | May 8, 2026 | J-GAAP |
| Mar, 2027 Guidance | 44,300 | 4,100 | 4,600 | 3,200 | 84.3 | 34 | May 8, 2026 | J-GAAP |
| YoY | +2.3% | -6.3% | -5.7% | -4.7% | -4.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 11,261 | 1,106 | 1,120 | 849 | 22.0 | 9.8 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 10,966 | 1,082 | 1,245 | 860 | 22.7 | 9.9 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 10,647 | 985 | 1,054 | 730 | 19.2 | 9.3 | Oct 31, 2025 | J-GAAP |
| Oct - Dec, 2025 | 10,928 | 1,251 | 1,416 | 965 | 25.4 | 11.4 | Jan 30, 2026 | J-GAAP |
| Jan - Mar, 2026 | 10,747 | 1,060 | 1,164 | 803 | 21.1 | 9.9 | May 8, 2026 | J-GAAP |
| YoY | -4.6% | -4.2% | +3.9% | -5.4% | -4.0% |
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