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ISHIHARA SANGYO, 39% Decrease in Ordinary Profit for The Current Fiscal Year, Dividend Raised by 10 Yen
4028 ISHIHARA SANGYO KAISHA, LTD. 【J-GAAP】
Earnings ReportISHIHARA SANGYO KAISHA, LTD. <4028> [TSE Prime] announced its financial results in the afternoon session on May 12th (13:00). The consolidated ordinary profit for the fiscal year ended March 2026 expanded to 90.8% from the previous period to 21.7 billion yen. However, for the fiscal year ending March 2027, the consolidated ordinary profit is expected to drop by 38.8% from the previous period to 13.3 billion yen.
At the same time, the company has decided to increase the dividend this fiscal year to 130 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 increased 49.0% from the same period last year, reaching 8.58 billion yen. The operating profit margin rose from 16.7% in the same period last year to 17.1%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 138,456 | 11,491 | 14,850 | 7,988 | 209.3 | 70 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 145,196 | 10,482 | 11,392 | 8,410 | 220.0 | 85 | May 8, 2025 | J-GAAP |
| Mar, 2026 | 154,897 | 19,077 | 21,737 | 16,636 | 434.8 | 120 | May 12, 2026 | J-GAAP |
| YoY | +6.7% | +82.0% | +90.8% | +97.8% | +97.6% |
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 | 154,500 | 17,000 | 18,000 | 13,000 | 339.7 | 120 | Feb 13, 2026 | J-GAAP |
| Mar, 2026 Results | 154,897 | 19,077 | 21,737 | 16,636 | 434.8 | 120 | May 12, 2026 | J-GAAP |
| Revision Rate | +0.3% | +12.2% | +20.8% | +28.0% | +28.0% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 76,459 | 7,371 | 8,501 | 5,649 | 147.7 | 30 | Nov 6, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 72,000 | 1,300 | 600 | 100 | 2.6 | 50 | May 12, 2026 | J-GAAP |
| YoY | -5.8% | -82.4% | -92.9% | -98.2% | -98.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 145,196 | 10,482 | 11,392 | 8,410 | 220.0 | 85 | May 8, 2025 | J-GAAP |
| Mar, 2026 | 154,897 | 19,077 | 21,737 | 16,636 | 434.8 | 120 | May 12, 2026 | J-GAAP |
| Mar, 2027 Guidance | 150,000 | 14,200 | 13,300 | 9,100 | 237.8 | 130 | May 12, 2026 | J-GAAP |
| YoY | -3.2% | -25.6% | -38.8% | -45.3% | -45.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 39,774 | 6,648 | 5,761 | 6,611 | 172.9 | 16.7 | May 8, 2025 | J-GAAP |
| Apr - Jun, 2025 | 42,561 | 5,206 | 6,190 | 4,737 | 123.8 | 12.2 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 33,898 | 2,165 | 2,311 | 912 | 23.8 | 6.4 | Nov 6, 2025 | J-GAAP |
| Oct - Dec, 2025 | 31,613 | 3,718 | 4,654 | 3,957 | 103.4 | 11.8 | Feb 13, 2026 | J-GAAP |
| Jan - Mar, 2026 | 46,825 | 7,988 | 8,582 | 7,030 | 183.7 | 17.1 | May 12, 2026 | J-GAAP |
| YoY | +17.7% | +20.2% | +49.0% | +6.3% | +6.3% |
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