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Watahan &, 2% Increase in Ordinary Profit, Update Record High for Third Consecutive Term, Dividend Raised by 1 Yen

Mon May 11, 2026 3:30 pm JST Earnings

3199 Watahan & Co.,Ltd. 【J-GAAP】

Earnings Report

Watahan & Co.,Ltd. <3199> [TSE Prime] announced its financial results after the market closed on May 11th (15:30). The consolidated ordinary profit for the fiscal year ended March 2026 increased by 2.4% from the previous period to 3.90 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to grow by 2.5% to 4.00 billion yen, marking the third consecutive term of record-high profits. This will be the third consecutive term of revenue and the fifth consecutive term of profit growth.

At the same time, the company has decided to increase the dividend this fiscal year to 31 yen, an increase of 1 yen from the previous fiscal year.

In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit grew 22.0% from the same period last year, reaching 0.72 billion yen. The operating profit margin improved from 1.6% in the same period last year to 2.2%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 128,072 2,822 3,237 1,854 93.1 23 May 10, 2024 J-GAAP
Mar, 2025 133,594 3,501 3,812 2,077 104.6 29 May 12, 2025 J-GAAP
Mar, 2026 135,451 3,599 3,904 2,130 110.6 30 May 11, 2026 J-GAAP
YoY +1.4% +2.8% +2.4% +2.6% +5.7%

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 139,000 3,840 4,000 2,300 123.1 30 May 12, 2025 J-GAAP
Mar, 2026 Results 135,451 3,599 3,904 2,130 110.6 30 May 11, 2026 J-GAAP
Revision Rate -2.6% -6.3% -2.4% -7.4% -10.2%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 65,463 1,449 1,642 1,135 58.6 0 Oct 27, 2025 J-GAAP
Apr - Sep, 2026 Guidance 69,333 1,196 1,244 746 39.9 0 May 11, 2026 J-GAAP
YoY +5.9% -17.5% -24.2% -34.3% -31.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 133,594 3,501 3,812 2,077 104.6 29 May 12, 2025 J-GAAP
Mar, 2026 135,451 3,599 3,904 2,130 110.6 30 May 11, 2026 J-GAAP
Mar, 2027 Guidance 140,000 3,800 4,000 2,300 123.1 31 May 11, 2026 J-GAAP
YoY +3.4% +5.6% +2.5% +8.0% +11.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2025 32,627 506 595 -69 -3.5 1.6 May 12, 2025 J-GAAP
Apr - Jun, 2025 32,416 683 813 645 33.3 2.1 Jul 24, 2025 J-GAAP
Jul - Sep, 2025 33,047 766 829 490 25.3 2.3 Oct 27, 2025 J-GAAP
Oct - Dec, 2025 37,203 1,442 1,536 925 47.8 3.9 Jan 30, 2026 J-GAAP
Jan - Mar, 2026 32,785 708 726 70 3.6 2.2 May 11, 2026 J-GAAP
YoY +0.5% +39.9% +22.0% － －

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