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NARASAKI SANGYO, 10% Increase in Ordinary Profit, Update Record High for Fifth Consecutive Term, Dividend Raised by 10 Yen
8085 NARASAKI SANGYO CO.,LTD. 【J-GAAP】
Earnings ReportNARASAKI SANGYO CO.,LTD. <8085> [TSE Std] announced its financial results in the afternoon session on May 12th (13:00). The consolidated ordinary profit for the fiscal year ended March 2026 increased by 1.2% from the previous period to 3.17 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to grow by 10.4% to 3.50 billion yen, marking the fifth consecutive term of record-high profits. This will be the sixth consecutive term of revenue and profit growth.
At the same time, the company has decided to increase the dividend this fiscal year to 140 yen, an increase of 10 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit decreased to 1.29 billion yen, a 4.4% decrease compared to the same period last year. The operating profit margin remained almost flat, changing from 4.2% in the same period last year to 3.9%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 107,455 | 2,982 | 3,084 | 2,301 | 458.0 | 105 | May 8, 2024 | J-GAAP |
| Mar, 2025 | 112,512 | 3,062 | 3,131 | 2,241 | 443.1 | 120 | May 13, 2025 | J-GAAP |
| Mar, 2026 | 120,282 | 3,068 | 3,170 | 2,242 | 440.5 | 130 | May 12, 2026 | J-GAAP |
| YoY | +6.9% | +0.2% | +1.2% | +0.0% | -0.6% |
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 | 118,000 | 3,500 | 3,500 | 2,500 | 499.6 | 130 | May 13, 2025 | J-GAAP |
| Mar, 2026 Results | 120,282 | 3,068 | 3,170 | 2,242 | 440.5 | 130 | May 12, 2026 | J-GAAP |
| Revision Rate | +1.9% | -12.3% | -9.4% | -10.3% | -11.8% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 53,472 | 922 | 1,026 | 643 | 126.3 | 0 | Nov 11, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 55,000 | 1,200 | 1,200 | 700 | 139.9 | 0 | May 12, 2026 | J-GAAP |
| YoY | +2.9% | +30.2% | +17.0% | +8.9% | +10.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 112,512 | 3,062 | 3,131 | 2,241 | 443.1 | 120 | May 13, 2025 | J-GAAP |
| Mar, 2026 | 120,282 | 3,068 | 3,170 | 2,242 | 440.5 | 130 | May 12, 2026 | J-GAAP |
| Mar, 2027 Guidance | 125,000 | 3,500 | 3,500 | 2,500 | 499.6 | 140 | May 12, 2026 | J-GAAP |
| YoY | +3.9% | +14.1% | +10.4% | +11.5% | +13.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 33,370 | 1,389 | 1,355 | 1,069 | 211.3 | 4.2 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 24,368 | -6 | 78 | 19 | 3.9 | 0.0 | Aug 5, 2025 | J-GAAP |
| Jul - Sep, 2025 | 29,104 | 928 | 948 | 624 | 122.6 | 3.2 | Nov 11, 2025 | J-GAAP |
| Oct - Dec, 2025 | 32,589 | 813 | 849 | 566 | 110.9 | 2.5 | Feb 10, 2026 | J-GAAP |
| Jan - Mar, 2026 | 34,221 | 1,333 | 1,295 | 1,033 | 203.0 | 3.9 | May 12, 2026 | J-GAAP |
| YoY | +2.6% | -4.0% | -4.4% | -3.4% | -4.0% |
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