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NORITAKE, 1% Decrease in Ordinary Profit for The Current Fiscal Year, Increased Previous Year's Dividend by 20 Yen, This Fiscal Year to Increase Dividend
5331 NORITAKE CO., LIMITED 【J-GAAP】
Earnings ReportNORITAKE CO., LIMITED <5331> [TSE Prime] announced its financial results in the afternoon session on May 12th (14:00). The consolidated ordinary profit for the fiscal year ended March 2026 increased by 8.3% from the previous period to 15.1 billion yen. However, for the fiscal year ending March 2027, the consolidated ordinary profit is expected to decrease by 1.3% from the previous period to 15.0 billion yen.
At the same time, the company increased the annual dividend for the previous term from 160 yen to 180 yen (compared to 135 yen in the prior term), and the annual dividend for this fiscal year is 100 yen, taking into account the forward stock split scheduled to be allocated on March 31, this dividend represents an actual increase of 11.1%.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit increased 46.4% from the same period last year, reaching 4.27 billion yen. The operating profit margin improved from 6.3% in the same period last year to 8.4%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 137,912 | 10,709 | 14,643 | 11,480 | 198.2 | 62.50 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 138,182 | 10,213 | 14,028 | 12,939 | 225.1 | 67.50 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 142,908 | 11,114 | 15,194 | 14,178 | 254.6 | 90 | May 12, 2026 | J-GAAP |
| YoY | +3.4% | +8.8% | +8.3% | +9.6% | +13.1% |
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 | 141,000 | 10,500 | 14,500 | 12,000 | 218.2 | 80 | Nov 7, 2025 | J-GAAP |
| Mar, 2026 Results | 142,908 | 11,114 | 15,194 | 14,178 | 254.6 | 90 | May 12, 2026 | J-GAAP |
| Revision Rate | +1.4% | +5.8% | +4.8% | +18.2% | +16.7% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 68,314 | 4,741 | 6,664 | 5,421 | 96.4 | 40 | Nov 7, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 72,000 | 4,800 | 6,500 | 5,500 | 100.0 | 50 | May 12, 2026 | J-GAAP |
| YoY | +5.4% | +1.2% | -2.5% | +1.5% | +3.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 138,182 | 10,213 | 14,028 | 12,939 | 225.1 | 67.50 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 142,908 | 11,114 | 15,194 | 14,178 | 254.6 | 90 | May 12, 2026 | J-GAAP |
| Mar, 2027 Guidance | 150,000 | 11,500 | 15,000 | 14,500 | 263.7 | 100 | May 12, 2026 | J-GAAP |
| YoY | +5.0% | +3.5% | -1.3% | +2.3% | +3.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 33,185 | 2,100 | 2,923 | 3,743 | 65.1 | 6.3 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 33,443 | 2,188 | 3,312 | 2,466 | 43.5 | 6.5 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 34,871 | 2,553 | 3,352 | 2,955 | 52.5 | 7.3 | Nov 7, 2025 | J-GAAP |
| Oct - Dec, 2025 | 35,876 | 3,119 | 4,251 | 3,260 | 58.3 | 8.7 | Feb 10, 2026 | J-GAAP |
| Jan - Mar, 2026 | 38,718 | 3,254 | 4,279 | 5,497 | 98.7 | 8.4 | May 12, 2026 | J-GAAP |
| YoY | +16.7% | +55.0% | +46.4% | +46.9% | +51.6% |
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