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AUTOWAVE, 13% Decrease in Ordinary Profit for The Current Fiscal Year
2666 AUTOWAVE Co.,Ltd. 【J-GAAP】
Earnings ReportAUTOWAVE Co.,Ltd. <2666> [TSE Std] announced its financial results in the afternoon session on May 8th (14:00). The ordinary profit (non-consolidated) for the fiscal year ended March 2026 increased by 11.4% from the previous period to 458 million yen. However, for the fiscal year ending March 2027, the ordinary profit is expected to decrease by 12.7% from the previous period to 400 million yen.
In the most recent three-month period, from January to March (4Q), the ordinary profit decreased to 98 million yen, a 5.8% decrease compared to the same period last year. The operating profit margin remained almost flat, changing from 2.7% in the same period last year to 2.5%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 8,422 | 333 | 426 | 263 | 18.2 | 3 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 8,871 | 274 | 411 | 268 | 18.6 | 3 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 9,835 | 318 | 458 | 441 | 30.6 | 4 | May 8, 2026 | J-GAAP |
| YoY | +10.9% | +16.1% | +11.4% | +64.6% | +64.3% |
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 | 9,571 | 342 | 458 | 285 | 19.7 | 4 | Feb 13, 2026 | J-GAAP |
| Mar, 2026 Results | 9,835 | 318 | 458 | 441 | 30.6 | 4 | May 8, 2026 | J-GAAP |
| Revision Rate | +2.8% | -7.0% | 0.0% | +54.7% | +55.0% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 4,641 | 109 | 175 | 101 | 7.0 | 0 | Nov 7, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 4,788 | 70 | 137 | 76 | 5.3 | 0 | May 8, 2026 | J-GAAP |
| YoY | +3.2% | -35.8% | -21.7% | -24.8% | -25.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 8,871 | 274 | 411 | 268 | 18.6 | 3 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 9,835 | 318 | 458 | 441 | 30.6 | 4 | May 8, 2026 | J-GAAP |
| Mar, 2027 Guidance | 10,027 | 262 | 400 | 241 | 16.7 | 4 | May 8, 2026 | J-GAAP |
| YoY | +2.0% | -17.6% | -12.7% | -45.4% | -45.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 2,376 | 65 | 104 | 83 | 5.8 | 2.7 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 2,320 | 54 | 88 | 48 | 3.4 | 2.3 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 2,321 | 55 | 87 | 53 | 3.7 | 2.4 | Nov 7, 2025 | J-GAAP |
| Oct - Dec, 2025 | 2,639 | 144 | 185 | 129 | 9.0 | 5.5 | Feb 13, 2026 | J-GAAP |
| Jan - Mar, 2026 | 2,555 | 65 | 98 | 211 | 14.6 | 2.5 | May 8, 2026 | J-GAAP |
| YoY | +7.5% | 0.0% | -5.8% | +154.2% | +153.8% |
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