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UNITED, Ordinary Profit for This Fiscal Year Projected at Range of break even to 0.10 Billion Yen, Dividend to Cut by 1 Yen
2497 UNITED, Inc. 【J-GAAP】
Earnings ReportUNITED, Inc. <2497> [TSE Growth] announced its financial results after the market closed on May 11th (16:00). The consolidated ordinary profit/loss for the fiscal year ended March 2026 turned into a loss of 1.26 billion yen (compared to a profit of 2.57 billion yen in the previous period). For the fiscal year ending March 2027, the consolidated ordinary profit is projected to range from break even to 0.10 billion yen.
At the same time, the company has decided to reduce the dividend this fiscal year to 22 yen, a decrease of 1 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary loss improved to a deficit of 0.28 billion yen (compared to a loss of 0.49 billion yen in the same period last year). The operating profit/loss margin drastically improved from -18.3% in the same period last year to -12.1%.
Note: If the earnings forecast is disclosed as a range, the article is based on the midpoint of that range.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 12,573 | 4,859 | 4,829 | 2,366 | 60.4 | 48 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 12,035 | 2,646 | 2,577 | 1,480 | 37.7 | 48 | May 12, 2025 | J-GAAP |
| Mar, 2026 | 8,863 | -1,221 | -1,268 | -1,559 | -41.3 | 23 | May 11, 2026 | J-GAAP |
| YoY | -26.4% | - | - | - | - |
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 | 10,000 | -1,200 | -1,250 | -1,400 | -37.4 | 23 | May 12, 2025 | J-GAAP |
| Mar, 2026 Results | 8,863 | -1,221 | -1,268 | -1,559 | -41.3 | 23 | May 11, 2026 | J-GAAP |
| Revision Rate | -11.4% | -1.8% | -1.4% | -11.4% | -10.5% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 4,313 | -690 | -720 | -626 | -16.5 | 11.50 | Nov 6, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | ー | ー | ー | ー | - | 11 | May 11, 2026 | J-GAAP |
| YoY | - | - | - | - | - |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 12,035 | 2,646 | 2,577 | 1,480 | 37.7 | 48 | May 12, 2025 | J-GAAP |
| Mar, 2026 | 8,863 | -1,221 | -1,268 | -1,559 | -41.3 | 23 | May 11, 2026 | J-GAAP |
| Mar, 2027 Guidance | 8,000 | 100 | 50 | 25 | 0.7 | 22 | May 11, 2026 | J-GAAP |
| YoY | -9.7% | - | - | - | - |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 2,620 | -479 | -495 | -426 | -10.9 | -18.3 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 1,959 | -493 | -509 | -394 | -10.2 | -25.2 | Aug 1, 2025 | J-GAAP |
| Jul - Sep, 2025 | 2,354 | -197 | -211 | -232 | -6.1 | -8.4 | Nov 6, 2025 | J-GAAP |
| Oct - Dec, 2025 | 2,244 | -252 | -259 | -319 | -8.4 | -11.2 | Feb 5, 2026 | J-GAAP |
| Jan - Mar, 2026 | 2,306 | -279 | -289 | -614 | -16.3 | -12.1 | May 11, 2026 | J-GAAP |
| YoY | -12.0% | +41.8% | +41.6% | -44.1% | -50.0% |
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