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MORIO DENKI, Ordinary Profit Forecast for Last Fiscal Year Revised Upward to an Unexpected 17% Increase, Raises Record High Profit, Dividend Revised Upward by 15 Yen
6647 MORIO DENKI CO.,LTD. 【J-GAAP】
Guidance Update ReportMORIO DENKI CO.,LTD. <6647> [TSE Std] announced a revision to its performance and dividend in the afternoon session on May 11th (14:00). The consolidated ordinary profit forecast for the fiscal year ending March 2026 has been revised upward 2.5 times, from the previous forecast of 350 million yen to 871 million yen (compared to 744 million yen in the previous period), record profits reach two consecutive terms, turning to a 17.1% increase in the consolidated ordinary profit outlook.
Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (second half) consolidated ordinary profit is expected to increase 3.0 times, from the previous forecast of 256 million yen to 777 million yen (compared to 633 million yen in the same period of the previous year), turning to a 22.7% increase in the consolidated ordinary profit outlook.
In light of the strong performance, the company has significantly increased its planned year-end lump-sum dividend for the last fiscal year from the original plan of 50 yen to 65 yen (compared to 60 yen in the previous period).
Kabutan News
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2025 Prev | 4,846 | 264 | 256 | 162 | 122.4 | 50 | Nov 4, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 4,984 | 770 | 777 | 580 | 436.0 | 65 | May 11, 2026 | J-GAAP |
| Revision Rate | +2.8% | +191.7% | +203.5% | +258.0% | +256.1% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 8,500 | 350 | 350 | 230 | 173.8 | 50 | May 15, 2025 | J-GAAP |
| Mar, 2026 New | 8,638 | 856 | 871 | 648 | 487.1 | 65 | May 11, 2026 | J-GAAP |
| Revision Rate | +1.6% | +144.6% | +148.9% | +181.7% | +180.3% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 5,168 | 623 | 633 | 493 | 362.0 | 60 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 4,984 | 770 | 777 | 580 | 436.0 | 65 | May 11, 2026 | J-GAAP |
| YoY | -3.6% | +23.6% | +22.7% | +17.6% | +20.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 7,448 | 342 | 342 | 211 | 154.0 | 50 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 9,212 | 735 | 744 | 568 | 417.1 | 60 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 8,638 | 856 | 871 | 648 | 487.1 | 65 | May 11, 2026 | J-GAAP |
| YoY | -6.2% | +16.5% | +17.1% | +14.1% | +16.8% |
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