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Techno Medica, 36% Decrease in Ordinary Profit for The Current Fiscal Year, Despite Last Fiscal Year's Dividend Increase, This Fiscal Year to Decrease Dividend
6678 Techno Medica Co., Ltd. 【J-GAAP】
Earnings ReportTechno Medica Co., Ltd. <6678> [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 expanded to 31.8% from the previous period to 1.71 billion yen. However, for the fiscal year ending March 2027, the ordinary profit is expected to drop by 35.9% from the previous period to 1.10 billion yen.
At the same time, the company increased the annual dividend for the previous term from 68 yen to 129 yen (compared to 68 yen in the prior term), and has decided to reduce the dividend this fiscal year to 93 yen, a decrease of 36 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the ordinary profit grew 19.9% from the same period last year, reaching 0.85 billion yen. The operating profit margin rose from 20.7% in the same period last year to 21.0%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 10,283 | 1,840 | 1,870 | 1,348 | 173.0 | 68 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 9,905 | 1,300 | 1,303 | 1,004 | 145.1 | 68 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 11,236 | 1,668 | 1,717 | 1,070 | 155.3 | 129 | May 11, 2026 | J-GAAP |
| YoY | +13.4% | +28.3% | +31.8% | +6.6% | +7.0% |
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 | 10,600 | 1,480 | 1,480 | 1,100 | 165.0 | 68 | May 9, 2025 | J-GAAP |
| Mar, 2026 Results | 11,236 | 1,668 | 1,717 | 1,070 | 155.3 | 129 | May 11, 2026 | J-GAAP |
| Revision Rate | +6.0% | +12.7% | +16.0% | -2.7% | -5.9% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 4,104 | 266 | 294 | 203 | 29.3 | 0 | Nov 7, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 4,270 | 170 | 170 | 120 | 18.0 | 0 | May 11, 2026 | J-GAAP |
| YoY | +4.0% | -36.1% | -42.2% | -40.9% | -38.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 9,905 | 1,300 | 1,303 | 1,004 | 145.1 | 68 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 11,236 | 1,668 | 1,717 | 1,070 | 155.3 | 129 | May 11, 2026 | J-GAAP |
| Mar, 2027 Guidance | 10,300 | 1,100 | 1,100 | 770 | 115.5 | 93 | May 11, 2026 | J-GAAP |
| YoY | -8.3% | -34.1% | -35.9% | -28.0% | -25.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 3,458 | 716 | 714 | 578 | 83.5 | 20.7 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 1,757 | -2 | 23 | 16 | 2.4 | -0.1 | Aug 6, 2025 | J-GAAP |
| Jul - Sep, 2025 | 2,347 | 268 | 271 | 187 | 27.0 | 11.4 | Nov 7, 2025 | J-GAAP |
| Oct - Dec, 2025 | 3,134 | 563 | 567 | 257 | 37.1 | 18.0 | Feb 4, 2026 | J-GAAP |
| Jan - Mar, 2026 | 3,998 | 839 | 856 | 610 | 88.5 | 21.0 | May 11, 2026 | J-GAAP |
| YoY | +15.6% | +17.2% | +19.9% | +5.5% | +6.0% |
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