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HIGASHI TWENTY ONE, 2% Increase in Ordinary Profit, Update Record High for Tenth Consecutive Term, Increased Previous Year's Dividend by 10 Yen, This Fiscal Year to Increase Dividend by 2 Yen
9029 HIGASHI HOLDINGS CO.,LTD. 【J-GAAP】
Earnings ReportHIGASHI HOLDINGS CO.,LTD. <9029> [TSE Std] announced its financial results after the market closed on May 8th (15:30). The consolidated ordinary profit for the fiscal year ended March 2026 expanded to 41.4% from the previous period to 4.15 billion yen, exceeding the previous forecast of 3.40 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to grow by 2.4% to 4.25 billion yen, marking the tenth consecutive term of record-high profits. This will be the sixth consecutive term of revenue and the tenth consecutive term of profit growth.
At the same time, the company increased the annual dividend for the previous term from 50 yen to 60 yen (compared to 42 yen in the prior term), and has decided to increase the dividend this fiscal year to 62 yen, an increase 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 10.0% from the same period last year, reaching 0.95 billion yen. The operating profit margin improved from 5.8% 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 | 40,635 | 2,190 | 2,309 | 1,506 | 114.5 | 36 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 48,126 | 2,739 | 2,935 | 1,805 | 136.8 | 42 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 57,972 | 4,044 | 4,150 | 2,602 | 199.3 | 60 | May 8, 2026 | J-GAAP |
| YoY | +20.5% | +47.6% | +41.4% | +44.2% | +45.7% |
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 | 54,000 | 3,256 | 3,400 | 2,176 | 166.4 | 50 | Oct 24, 2025 | J-GAAP |
| Mar, 2026 Results | 57,972 | 4,044 | 4,150 | 2,602 | 199.3 | 60 | May 8, 2026 | J-GAAP |
| Revision Rate | +7.4% | +24.2% | +22.1% | +19.6% | +19.7% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 26,799 | 1,858 | 1,929 | 1,223 | 93.8 | 0 | Oct 24, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 29,171 | 2,036 | 2,136 | 1,358 | 103.9 | 0 | May 8, 2026 | J-GAAP |
| YoY | +8.9% | +9.6% | +10.7% | +11.0% | +10.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 48,126 | 2,739 | 2,935 | 1,805 | 136.8 | 42 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 57,972 | 4,044 | 4,150 | 2,602 | 199.3 | 60 | May 8, 2026 | J-GAAP |
| Mar, 2027 Guidance | 59,000 | 4,100 | 4,250 | 2,703 | 206.7 | 62 | May 8, 2026 | J-GAAP |
| YoY | +1.8% | +1.4% | +2.4% | +3.9% | +3.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 13,439 | 782 | 872 | 509 | 38.6 | 5.8 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 12,956 | 810 | 845 | 506 | 38.9 | 6.3 | Jul 25, 2025 | J-GAAP |
| Jul - Sep, 2025 | 13,843 | 1,048 | 1,084 | 717 | 55.0 | 7.6 | Oct 24, 2025 | J-GAAP |
| Oct - Dec, 2025 | 15,674 | 1,234 | 1,262 | 834 | 63.9 | 7.9 | Jan 23, 2026 | J-GAAP |
| Jan - Mar, 2026 | 15,499 | 952 | 959 | 545 | 41.7 | 6.1 | May 8, 2026 | J-GAAP |
| YoY | +15.3% | +21.7% | +10.0% | +7.1% | +8.2% |
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