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YAKULT HONSHA, 6% Decrease in Ordinary Profit for The Current Fiscal Year, Dividend Raised by 2 Yen
2267 YAKULT HONSHA CO.,LTD. 【J-GAAP】
Earnings ReportYAKULT HONSHA CO.,LTD. <2267> [TSE Prime] announced its financial results in the afternoon session on May 12th (14:20). The consolidated ordinary profit for the fiscal year ended March 2026 decreased by 19.5% from the previous period to 61.0 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to decrease by 5.9% from the previous period to 57.5 billion yen. This will be the third consecutive term of declining profits.
At the same time, the company has decided to increase the dividend this fiscal year to 72 yen, an increase of 2 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit decreased to 5.42 billion yen, a 23.7% decrease compared to the same period last year. The operating profit margin worsened from 4.1% in the same period last year to 3.7%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 503,079 | 63,399 | 79,300 | 51,006 | 164.5 | 55.50 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 499,683 | 55,391 | 75,860 | 45,533 | 150.5 | 64 | May 13, 2025 | J-GAAP |
| Mar, 2026 | 486,425 | 45,185 | 61,084 | 44,228 | 150.7 | 70 | May 12, 2026 | J-GAAP |
| YoY | -2.7% | -18.4% | -19.5% | -2.9% | +0.2% |
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 | 489,500 | 48,500 | 67,000 | 46,500 | 159.0 | 70 | Feb 10, 2026 | J-GAAP |
| Mar, 2026 Results | 486,425 | 45,185 | 61,084 | 44,228 | 150.7 | 70 | May 12, 2026 | J-GAAP |
| Revision Rate | -0.6% | -6.8% | -8.8% | -4.9% | -5.2% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 241,174 | 25,326 | 36,235 | 24,517 | 83.4 | 33 | Nov 14, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 260,000 | 22,500 | 30,500 | 24,500 | 84.2 | 36 | May 12, 2026 | J-GAAP |
| YoY | +7.8% | -11.2% | -15.8% | -0.1% | +0.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 499,683 | 55,391 | 75,860 | 45,533 | 150.5 | 64 | May 13, 2025 | J-GAAP |
| Mar, 2026 | 486,425 | 45,185 | 61,084 | 44,228 | 150.7 | 70 | May 12, 2026 | J-GAAP |
| Mar, 2027 Guidance | 527,000 | 44,000 | 57,500 | 46,500 | 159.7 | 72 | May 12, 2026 | J-GAAP |
| YoY | +8.3% | -2.6% | -5.9% | +5.1% | +6.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 113,419 | 4,649 | 7,113 | 1,935 | 6.4 | 4.1 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 116,586 | 10,906 | 17,190 | 11,597 | 39.4 | 9.4 | Jul 29, 2025 | J-GAAP |
| Jul - Sep, 2025 | 124,588 | 14,420 | 19,045 | 12,920 | 44.0 | 11.6 | Nov 14, 2025 | J-GAAP |
| Oct - Dec, 2025 | 130,604 | 15,601 | 19,421 | 17,057 | 58.1 | 11.9 | Feb 10, 2026 | J-GAAP |
| Jan - Mar, 2026 | 114,647 | 4,258 | 5,428 | 2,654 | 9.0 | 3.7 | May 12, 2026 | J-GAAP |
| YoY | +1.1% | -8.4% | -23.7% | +37.2% | +41.5% |
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