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Toyo Gosei, Last Fiscal Year's Ordinary Profit Exceeds Expectations, 28% Increase in The Current Fiscal Year, Dividend Raised by 10 Yen
4970 Toyo Gosei Co.,Ltd. 【J-GAAP】
Earnings ReportToyo Gosei Co.,Ltd. <4970> [TSE Std] announced its financial results after the market closed on May 8th (16:50). The ordinary profit (non-consolidated) for the fiscal year ended March 2026 decreased by 10.1% from the previous period to 3.59 billion yen, although it exceeded the initial forecast of 2.60 billion yen. For the fiscal year ending March 2027, the ordinary profit is expected to expand to 28.1% to 4.60 billion yen. This will be the third consecutive term of revenue growth.
At the same time, the company has decided to increase the dividend this fiscal year to 50 yen, an increase of 10 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the ordinary profit increased 79.2% from the same period last year, reaching 1.60 billion yen. The operating profit margin rose from 10.8% in the same period last year to 13.8%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 31,956 | 3,512 | 3,393 | 2,396 | 302.0 | 40 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 38,665 | 4,103 | 3,997 | 3,279 | 413.2 | 45 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 41,956 | 3,668 | 3,592 | 2,692 | 339.3 | 40 | May 8, 2026 | J-GAAP |
| YoY | +8.5% | -10.6% | -10.1% | -17.9% | -17.9% |
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 | 41,500 | 2,800 | 2,600 | 2,000 | 252.0 | 40 | Nov 7, 2025 | J-GAAP |
| Mar, 2026 Results | 41,956 | 3,668 | 3,592 | 2,692 | 339.3 | 40 | May 8, 2026 | J-GAAP |
| Revision Rate | +1.1% | +31.0% | +38.2% | +34.6% | +34.6% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 19,349 | 937 | 831 | 570 | 71.8 | 20 | Nov 7, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 23,000 | 2,700 | 2,500 | 1,700 | 214.2 | 25 | May 8, 2026 | J-GAAP |
| YoY | +18.9% | +188.2% | +200.8% | +198.2% | +198.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 38,665 | 4,103 | 3,997 | 3,279 | 413.2 | 45 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 41,956 | 3,668 | 3,592 | 2,692 | 339.3 | 40 | May 8, 2026 | J-GAAP |
| Mar, 2027 Guidance | 47,500 | 5,000 | 4,600 | 3,200 | 403.2 | 50 | May 8, 2026 | J-GAAP |
| YoY | +13.2% | +36.3% | +28.1% | +18.9% | +18.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 9,592 | 1,036 | 894 | 1,192 | 150.2 | 10.8 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 9,128 | 397 | 293 | 201 | 25.4 | 4.3 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 10,221 | 540 | 538 | 369 | 46.5 | 5.3 | Nov 7, 2025 | J-GAAP |
| Oct - Dec, 2025 | 11,059 | 1,134 | 1,159 | 787 | 99.2 | 10.3 | Feb 6, 2026 | J-GAAP |
| Jan - Mar, 2026 | 11,548 | 1,597 | 1,602 | 1,335 | 168.2 | 13.8 | May 8, 2026 | J-GAAP |
| YoY | +20.4% | +54.2% | +79.2% | +12.0% | +12.0% |
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