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AXELL, 29% Decrease in Ordinary Profit for The Current Fiscal Year, Despite Last Fiscal Year's Dividend Increase, This Fiscal Year to Decrease Dividend
6730 AXELL CORPORATION 【J-GAAP】
Earnings ReportAXELL CORPORATION <6730> [TSE Std] 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 16.2% from the previous period to 1.79 billion yen. However, for the fiscal year ending March 2027, the consolidated ordinary profit is expected to decrease by 29.1% from the previous period to 1.27 billion yen.
At the same time, the company increased the annual dividend for the previous term from 49 yen to 57 yen (compared to 45 yen in the prior term), and has decided to reduce the dividend this fiscal year to 41 yen, a decrease of 16 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit amounted to 0.21 billion yen, an increase of 0.5% compared to the same period last year. The operating profit margin improved from 4.8% in the same period last year to 5.2%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 17,570 | 2,426 | 2,449 | 1,771 | 162.4 | 81 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 15,244 | 1,461 | 1,542 | 978 | 89.4 | 45 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 14,656 | 1,664 | 1,792 | 1,230 | 113.7 | 57 | May 11, 2026 | J-GAAP |
| YoY | -3.9% | +13.9% | +16.2% | +25.8% | +27.2% |
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 | 13,770 | 1,390 | 1,480 | 1,050 | 97.5 | 49 | Sep 22, 2025 | J-GAAP |
| Mar, 2026 Results | 14,656 | 1,664 | 1,792 | 1,230 | 113.7 | 57 | May 11, 2026 | J-GAAP |
| Revision Rate | +6.4% | +19.7% | +21.1% | +17.1% | +16.6% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 7,635 | 1,148 | 1,227 | 858 | 79.0 | 0 | Nov 6, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 8,150 | 970 | 1,000 | 700 | 65.0 | 0 | May 11, 2026 | J-GAAP |
| YoY | +6.7% | -15.5% | -18.5% | -18.4% | -17.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 15,244 | 1,461 | 1,542 | 978 | 89.4 | 45 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 14,656 | 1,664 | 1,792 | 1,230 | 113.7 | 57 | May 11, 2026 | J-GAAP |
| Mar, 2027 Guidance | 15,000 | 1,200 | 1,270 | 890 | 82.6 | 41 | May 11, 2026 | J-GAAP |
| YoY | +2.3% | -27.9% | -29.1% | -27.6% | -27.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 3,363 | 161 | 213 | 146 | 13.3 | 4.8 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 4,027 | 807 | 839 | 585 | 53.5 | 20.0 | Aug 5, 2025 | J-GAAP |
| Jul - Sep, 2025 | 3,608 | 341 | 388 | 273 | 25.2 | 9.5 | Nov 6, 2025 | J-GAAP |
| Oct - Dec, 2025 | 3,343 | 324 | 351 | 247 | 22.8 | 9.7 | Feb 6, 2026 | J-GAAP |
| Jan - Mar, 2026 | 3,678 | 192 | 214 | 125 | 11.6 | 5.2 | May 11, 2026 | J-GAAP |
| YoY | +9.4% | +19.3% | +0.5% | -14.4% | -13.3% |
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