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Maruzen Showa Unyu, 5% Increase in Ordinary Profit, Update Record High for Thirteenth Consecutive Term
9068 Maruzen Showa Unyu Co.,Ltd. 【J-GAAP】
Earnings ReportMaruzen Showa Unyu Co.,Ltd. <9068> [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 5.6% from the previous period to 16.6 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to grow by 5.1% to 17.5 billion yen, marking the thirteenth consecutive term of record-high profits. This will be the third consecutive term of revenue and the fourteenth consecutive term of profit growth.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit grew 3.2% from the same period last year, reaching 4.06 billion yen. However, the operating profit margin decreased from 10.3% in the same period last year to 10.2%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 140,194 | 13,204 | 14,271 | 9,741 | 481.2 | 130 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 144,572 | 14,648 | 15,769 | 9,804 | 491.2 | 170 | May 12, 2025 | J-GAAP |
| Mar, 2026 | 148,603 | 15,462 | 16,648 | 12,685 | 651.0 | 210 | May 11, 2026 | J-GAAP |
| YoY | +2.8% | +5.6% | +5.6% | +29.4% | +32.5% |
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 | 153,000 | 16,000 | 16,500 | 12,000 | 622.4 | 210 | Feb 9, 2026 | J-GAAP |
| Mar, 2026 Results | 148,603 | 15,462 | 16,648 | 12,685 | 651.0 | 210 | May 11, 2026 | J-GAAP |
| Revision Rate | -2.9% | -3.4% | +0.9% | +5.7% | +4.6% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 72,239 | 7,518 | 8,107 | 5,980 | 306.3 | 90 | Nov 10, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 79,000 | 8,200 | 8,400 | 6,200 | 321.6 | 90 | May 11, 2026 | J-GAAP |
| YoY | +9.4% | +9.1% | +3.6% | +3.7% | +5.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 144,572 | 14,648 | 15,769 | 9,804 | 491.2 | 170 | May 12, 2025 | J-GAAP |
| Mar, 2026 | 148,603 | 15,462 | 16,648 | 12,685 | 651.0 | 210 | May 11, 2026 | J-GAAP |
| Mar, 2027 Guidance | 162,000 | 17,000 | 17,500 | 13,000 | 674.3 | 210 | May 11, 2026 | J-GAAP |
| YoY | +9.0% | +9.9% | +5.1% | +2.5% | +3.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 36,296 | 3,728 | 3,936 | 933 | 46.8 | 10.3 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 35,847 | 3,620 | 4,072 | 2,868 | 146.9 | 10.1 | Aug 12, 2025 | J-GAAP |
| Jul - Sep, 2025 | 36,392 | 3,898 | 4,035 | 3,112 | 159.4 | 10.7 | Nov 10, 2025 | J-GAAP |
| Oct - Dec, 2025 | 38,597 | 4,110 | 4,479 | 3,097 | 158.6 | 10.6 | Feb 9, 2026 | J-GAAP |
| Jan - Mar, 2026 | 37,767 | 3,834 | 4,062 | 3,608 | 185.2 | 10.2 | May 11, 2026 | J-GAAP |
| YoY | +4.1% | +2.8% | +3.2% | +286.7% | +296.1% |
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