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WORKMAN, 9% Increase in Ordinary Profit, Update Record High for Second Consecutive Term, Increased Previous Year's Dividend by 16 Yen, Plan to Continue the 89 Yen Policy This Fiscal Year as Well
7564 WORKMAN CO.,LTD. 【J-GAAP】
Earnings ReportWORKMAN CO.,LTD. <7564> [TSE Std] announced its financial results after the market closed on May 11th (15:30). The ordinary profit (non-consolidated) for the fiscal year ended March 2026 increased by 22.7% from the previous period to 30.5 billion yen. For the fiscal year ending March 2027, the ordinary profit is expected to grow by 9.3% to 33.4 billion yen, marking the second consecutive term of record-high profits. This will be the seventeenth consecutive term of revenue and the third consecutive term of profit growth.
At the same time, the company increased the annual dividend for the previous term from 73 yen to 89 yen (compared to 73 yen in the prior term), and has decided to continue with a dividend of 89 yen for the current term as well.
In the most recent three-month period, from January to March (4Q), the ordinary profit grew 22.1% from the same period last year, reaching 4.72 billion yen. However, the operating profit margin decreased from 12.7% in the same period last year to 12.2%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 132,651 | 23,142 | 23,666 | 15,986 | 195.9 | 68 | May 7, 2024 | J-GAAP |
| Mar, 2025 | 136,933 | 24,394 | 24,904 | 16,892 | 207.0 | 73 | May 12, 2025 | J-GAAP |
| Mar, 2026 | 160,852 | 29,676 | 30,567 | 20,618 | 252.6 | 89 | May 11, 2026 | J-GAAP |
| YoY | +17.5% | +21.7% | +22.7% | +22.1% | +22.1% |
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 | 155,000 | 28,200 | 29,000 | 19,700 | 241.4 | 73 | Nov 10, 2025 | J-GAAP |
| Mar, 2026 Results | 160,852 | 29,676 | 30,567 | 20,618 | 252.6 | 89 | May 11, 2026 | J-GAAP |
| Revision Rate | +3.8% | +5.2% | +5.4% | +4.7% | +4.7% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 76,137 | 14,444 | 14,874 | 9,227 | 113.1 | 0 | Nov 10, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 94,203 | 17,666 | 18,341 | 11,310 | 138.6 | 0 | May 11, 2026 | J-GAAP |
| YoY | +23.7% | +22.3% | +23.3% | +22.6% | +22.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 136,933 | 24,394 | 24,904 | 16,892 | 207.0 | 73 | May 12, 2025 | J-GAAP |
| Mar, 2026 | 160,852 | 29,676 | 30,567 | 20,618 | 252.6 | 89 | May 11, 2026 | J-GAAP |
| Mar, 2027 Guidance | 183,376 | 32,112 | 33,418 | 22,329 | 273.6 | 89 | May 11, 2026 | J-GAAP |
| YoY | +14.0% | +8.2% | +9.3% | +8.3% | +8.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 29,328 | 3,720 | 3,867 | 3,874 | 47.5 | 12.7 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 41,560 | 9,028 | 9,235 | 5,817 | 71.3 | 21.7 | Aug 4, 2025 | J-GAAP |
| Jul - Sep, 2025 | 34,577 | 5,416 | 5,639 | 3,410 | 41.8 | 15.7 | Nov 10, 2025 | J-GAAP |
| Oct - Dec, 2025 | 48,166 | 10,776 | 10,973 | 6,810 | 83.5 | 22.4 | Feb 10, 2026 | J-GAAP |
| Jan - Mar, 2026 | 36,549 | 4,456 | 4,720 | 4,581 | 56.1 | 12.2 | May 11, 2026 | J-GAAP |
| YoY | +24.6% | +19.8% | +22.1% | +18.2% | +18.2% |
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