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YELLOW HAT, 5% Increase in Ordinary Profit, Record High for The First Time in Two Years, Increased Previous Year's Dividend by 4 Yen, This Fiscal Year to Increase Dividend by 6 Yen
9882 YELLOW HAT LTD. 【J-GAAP】
Earnings ReportYELLOW HAT LTD. <9882> [TSE Prime] announced its financial results after the market closed on May 8th (15:30). The consolidated ordinary profit for the fiscal year ended March 2026 decreased by 1.5% from the previous period to 16.5 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to grow by 4.9% to 17.4 billion yenExpected to reach record high profits for the first time in two years. This will be the third consecutive term of revenue growth.
At the same time, the company increased the annual dividend for the previous term from 58 yen to 62 yen (compared to 100 yen before the 2-for-1 forward stock split in the previous term), and has decided to increase the dividend this fiscal year to 68 yen, an increase of 6 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit amounted to 2.63 billion yen, a 0.1% decrease compared to the same period last year. The operating profit margin worsened from 6.7% in the same period last year to 6.1%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 146,641 | 14,475 | 15,964 | 10,259 | 111.0 | 33 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 154,066 | 15,450 | 16,838 | 11,260 | 123.6 | 50 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 171,280 | 15,087 | 16,582 | 11,968 | 137.9 | 62 | May 8, 2026 | J-GAAP |
| YoY | +11.2% | -2.3% | -1.5% | +6.3% | +11.6% |
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 | 170,000 | 15,900 | 17,200 | 11,400 | 133.3 | 58 | May 9, 2025 | J-GAAP |
| Mar, 2026 Results | 171,280 | 15,087 | 16,582 | 11,968 | 137.9 | 62 | May 8, 2026 | J-GAAP |
| Revision Rate | +0.8% | -5.1% | -3.6% | +5.0% | +3.5% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 79,305 | 5,505 | 6,129 | 4,320 | 49.2 | 29 | Oct 31, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 80,000 | 5,600 | 6,200 | 4,900 | 57.3 | 34 | May 8, 2026 | J-GAAP |
| YoY | +0.9% | +1.7% | +1.2% | +13.4% | +16.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 154,066 | 15,450 | 16,838 | 11,260 | 123.6 | 50 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 171,280 | 15,087 | 16,582 | 11,968 | 137.9 | 62 | May 8, 2026 | J-GAAP |
| Mar, 2027 Guidance | 176,000 | 16,000 | 17,400 | 12,200 | 142.6 | 68 | May 8, 2026 | J-GAAP |
| YoY | +2.8% | +6.1% | +4.9% | +1.9% | +3.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 34,917 | 2,331 | 2,636 | 1,533 | 16.8 | 6.7 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 40,288 | 3,504 | 3,870 | 2,677 | 30.3 | 8.7 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 39,017 | 2,001 | 2,259 | 1,643 | 18.7 | 5.1 | Oct 31, 2025 | J-GAAP |
| Oct - Dec, 2025 | 53,048 | 7,211 | 7,820 | 6,148 | 70.5 | 13.6 | Jan 30, 2026 | J-GAAP |
| Jan - Mar, 2026 | 38,927 | 2,371 | 2,633 | 1,500 | 17.3 | 6.1 | May 8, 2026 | J-GAAP |
| YoY | +11.5% | +1.7% | -0.1% | -2.2% | +2.7% |
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