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YONEX, 8% Increase in Ordinary Profit, Update Record High for Sixth Consecutive Term, Increased Previous Year's Dividend by 1 Yen, This Fiscal Year to Increase Dividend by 3 Yen
7906 YONEX CO.,LTD. 【J-GAAP】
Earnings ReportYONEX CO.,LTD. <7906> [TSE Std] announced its financial results after the market closed on May 12th (15:30). The consolidated ordinary profit for the fiscal year ended March 2026 increased by 16.8% from the previous period to 16.3 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to grow by 7.9% to 17.6 billion yen, marking the sixth consecutive term of record-high profits. This will be the sixth consecutive term of revenue and profit growth.
At the same time, the company increased the annual dividend for the previous term from 24 yen to 25 yen (compared to 22 yen in the prior term), and has decided to increase the dividend this fiscal year to 28 yen, an increase of 3 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit increased 43.5% from the same period last year, reaching 3.61 billion yen. The operating profit margin improved from 7.6% in the same period last year to 8.4%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 116,442 | 11,611 | 12,195 | 8,859 | 102.5 | 16 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 138,276 | 14,176 | 13,964 | 10,591 | 123.0 | 22 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 163,643 | 16,546 | 16,316 | 12,092 | 141.4 | 25 | May 12, 2026 | J-GAAP |
| YoY | +18.3% | +16.7% | +16.8% | +14.2% | +15.0% |
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 | 162,000 | 16,200 | 15,600 | 11,600 | 135.6 | 24 | Nov 7, 2025 | J-GAAP |
| Mar, 2026 Results | 163,643 | 16,546 | 16,316 | 12,092 | 141.4 | 25 | May 12, 2026 | J-GAAP |
| Revision Rate | +1.0% | +2.1% | +4.6% | +4.2% | +4.3% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 79,532 | 8,847 | 8,199 | 6,371 | 74.6 | 12 | Nov 7, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 89,000 | 9,500 | 9,400 | 7,100 | 83.0 | 14 | May 12, 2026 | J-GAAP |
| YoY | +11.9% | +7.4% | +14.6% | +11.4% | +11.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 138,276 | 14,176 | 13,964 | 10,591 | 123.0 | 22 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 163,643 | 16,546 | 16,316 | 12,092 | 141.4 | 25 | May 12, 2026 | J-GAAP |
| Mar, 2027 Guidance | 178,000 | 17,800 | 17,600 | 13,200 | 154.3 | 28 | May 12, 2026 | J-GAAP |
| YoY | +8.8% | +7.6% | +7.9% | +9.2% | +9.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 36,518 | 2,785 | 2,518 | 1,342 | 15.6 | 7.6 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 39,856 | 6,277 | 5,954 | 4,237 | 49.6 | 15.7 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 39,676 | 2,570 | 2,245 | 2,134 | 25.0 | 6.5 | Nov 7, 2025 | J-GAAP |
| Oct - Dec, 2025 | 40,942 | 4,085 | 4,503 | 3,239 | 37.9 | 10.0 | Feb 10, 2026 | J-GAAP |
| Jan - Mar, 2026 | 43,169 | 3,614 | 3,614 | 2,482 | 29.0 | 8.4 | May 12, 2026 | J-GAAP |
| YoY | +18.2% | +29.8% | +43.5% | +84.9% | +86.3% |
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