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Yamadai, Ordinary Profit Forecast for Last Fiscal Year Loss to Narrow, Dividend Dividend Turns into No Dividend
7426 Yamadai Corporation 【J-GAAP】
Guidance Update ReportYamadai Corporation <7426> [TSE Std] announced a revision to its performance and dividend in the afternoon session on May 12th (13:00). The consolidated ordinary profit/loss forecast for the fiscal year ending March 2026 has been revised upward from an expected loss of 393 million yen to a loss of 263 million yen (compared to a loss of 361 million yen in the previous period), indicating a reduction in the loss margin.
Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (second half) consolidated ordinary profit/loss has been revised upward from an expected loss of 233 million yen to a loss of 103 million yen (compared to a loss of 124 million yen in the same period of the previous year), indicating a reduction in the loss margin.
At the same time, the plan to pay a year-end lump-sum dividend of 30 yen has been abandoned, and the policy has been set to forego dividends for the first time in fifteen terms, falling to a no-dividend status (compared to 20 yen in the prior term).
Kabutan News
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2025 Prev | 2,476 | -240 | -233 | -236 | -212.5 | 30 | Nov 11, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 2,086 | -122 | -103 | -119 | -107.4 | 0 | May 12, 2026 | J-GAAP |
| Revision Rate | -15.8% | +49.2% | +55.8% | +49.6% | +49.4% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 4,492 | -404 | -393 | -397 | -357.4 | 30 | Nov 11, 2025 | J-GAAP |
| Mar, 2026 New | 4,102 | -286 | -263 | -280 | -252.8 | 0 | May 12, 2026 | J-GAAP |
| Revision Rate | -8.7% | +29.2% | +33.1% | +29.5% | +29.3% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 2,571 | -131 | -124 | -1,198 | -1,079.2 | 20 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 2,086 | -122 | -103 | -119 | -107.4 | 0 | May 12, 2026 | J-GAAP |
| YoY | -18.9% | +6.9% | +16.9% | +90.1% | +90.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 4,480 | -147 | -124 | -152 | -137.1 | 25 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 4,138 | -375 | -361 | -1,436 | -1,293.6 | 20 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 4,102 | -286 | -263 | -280 | -252.8 | 0 | May 12, 2026 | J-GAAP |
| YoY | -0.9% | +23.7% | +27.1% | +80.5% | +80.5% |
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