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HIROSE ELECTRIC, Last Fiscal Year's Net Income Unexpectedly Increases, 3% Increase in The Current Fiscal Year, Increased Previous Year's Dividend by 15 Yen, This Fiscal Year to Increase Dividend by 15 Yen
6806 HIROSE ELECTRIC CO.,LTD. 【IFRS】
Earnings ReportHIROSE ELECTRIC CO.,LTD. <6806> [TSE Prime] announced its financial results (based on IFRS) after the market closed on May 11th (16:00). The consolidated net income for the fiscal year ended March 2026 increased by 0.3% from the previous period to 33.1 billion yen exceeding the previous forecast of 30.5 billion yen and resulted in an increase in profit, a complete reversal from the forecast for a decline in profit. For the fiscal year ending March 2027, the consolidated net income is expected to grow by 2.6% to 34.0 billion yen. This will be the third consecutive term of revenue and profit growth.
At the same time, the company increased the annual dividend for the previous term from 490 yen to 505 yen (compared to 490 yen in the prior term), and has decided to increase the dividend this fiscal year to 520 yen, an increase of 15 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated net income increased 52.8% from the same period last year, reaching 8.33 billion yen. The operating profit margin rose from 18.8% in the same period last year to 19.2%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 165,509 | 34,017 | 38,761 | 26,480 | 772.4 | 440 | May 7, 2024 | IFRS |
| Mar, 2025 | 189,420 | 42,672 | 46,218 | 33,033 | 976.3 | 490 | May 9, 2025 | IFRS |
| Mar, 2026 | 211,264 | 42,995 | 46,626 | 33,142 | 991.9 | 505 | May 11, 2026 | IFRS |
| YoY | +11.5% | +0.8% | +0.9% | +0.3% | +1.6% |
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 | 205,000 | 41,000 | 44,000 | 30,500 | 932.1 | 490 | Feb 3, 2026 | IFRS |
| Mar, 2026 Results | 211,264 | 42,995 | 46,626 | 33,142 | 991.9 | 505 | May 11, 2026 | IFRS |
| Revision Rate | +3.1% | +4.9% | +6.0% | +8.7% | +6.4% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 102,025 | 20,461 | 22,101 | 15,523 | 459.4 | 245 | Nov 4, 2025 | IFRS |
| Apr - Sep, 2026 Guidance | 115,000 | 23,000 | 24,000 | 17,000 | 519.5 | 260 | May 11, 2026 | IFRS |
| YoY | +12.7% | +12.4% | +8.6% | +9.5% | +13.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 189,420 | 42,672 | 46,218 | 33,033 | 976.3 | 490 | May 9, 2025 | IFRS |
| Mar, 2026 | 211,264 | 42,995 | 46,626 | 33,142 | 991.9 | 505 | May 11, 2026 | IFRS |
| Mar, 2027 Guidance | 230,000 | 46,000 | 48,000 | 34,000 | 1,039.1 | 520 | May 11, 2026 | IFRS |
| YoY | +8.9% | +7.0% | +2.9% | +2.6% | +4.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 44,998 | 8,457 | 8,750 | 5,450 | 161.1 | 18.8 | May 9, 2025 | IFRS |
| Apr - Jun, 2025 | 48,972 | 9,833 | 10,238 | 7,227 | 213.6 | 20.1 | Aug 4, 2025 | IFRS |
| Jul - Sep, 2025 | 53,053 | 10,628 | 11,863 | 8,296 | 245.5 | 20.0 | Nov 4, 2025 | IFRS |
| Oct - Dec, 2025 | 54,524 | 12,042 | 13,193 | 9,289 | 276.4 | 22.1 | Feb 3, 2026 | IFRS |
| Jan - Mar, 2026 | 54,715 | 10,492 | 11,332 | 8,330 | 249.3 | 19.2 | May 11, 2026 | IFRS |
| YoY | +21.6% | +24.1% | +29.5% | +52.8% | +54.8% |
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