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TAKACHIHO KOHEKI , 4% Decrease in Ordinary Profit for The Current Fiscal Year, Increased Previous Year's Dividend by 1 Yen, Plan to Continue the 76 Yen Policy This Fiscal Year as Well
2676 TAKACHIHO KOHEKI CO.,LTD. 【J-GAAP】
Earnings ReportTAKACHIHO KOHEKI CO.,LTD. <2676> [TSE Prime] 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 20.2% from the previous period to 2.40 billion yen. However, for the fiscal year ending March 2027, the consolidated ordinary profit is expected to decrease by 4.5% from the previous period to 2.30 billion yen.
At the same time, the company increased the annual dividend for the previous term from 75 yen to 76 yen (compared to 160 yen before the 2-for-1 forward stock split in the previous term), and has decided to continue with a dividend of 76 yen for the current term as well.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit increased 53.5% from the same period last year, reaching 0.86 billion yen. However, the operating profit margin worsened from 8.5% in the same period last year to 8.2%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 25,224 | 1,465 | 1,835 | 1,437 | 79.2 | 79 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 28,098 | 2,079 | 2,004 | 1,458 | 79.1 | 80 | May 13, 2025 | J-GAAP |
| Mar, 2026 | 29,510 | 2,098 | 2,408 | 1,415 | 75.9 | 76 | May 12, 2026 | J-GAAP |
| YoY | +5.0% | +0.9% | +20.2% | -2.9% | -4.1% |
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 | 30,000 | 2,200 | 2,400 | 1,400 | 75.0 | 75 | Mar 19, 2026 | J-GAAP |
| Mar, 2026 Results | 29,510 | 2,098 | 2,408 | 1,415 | 75.9 | 76 | May 12, 2026 | J-GAAP |
| Revision Rate | -1.6% | -4.6% | +0.3% | +1.1% | +1.2% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 13,472 | 954 | 985 | 717 | 38.5 | 34.50 | Nov 5, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 14,500 | 1,080 | 1,060 | 720 | 38.5 | 34 | May 12, 2026 | J-GAAP |
| YoY | +7.6% | +13.2% | +7.6% | +0.4% | +0.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 28,098 | 2,079 | 2,004 | 1,458 | 79.1 | 80 | May 13, 2025 | J-GAAP |
| Mar, 2026 | 29,510 | 2,098 | 2,408 | 1,415 | 75.9 | 76 | May 12, 2026 | J-GAAP |
| Mar, 2027 Guidance | 32,000 | 2,350 | 2,300 | 1,650 | 88.3 | 76 | May 12, 2026 | J-GAAP |
| YoY | +8.4% | +12.0% | -4.5% | +16.6% | +16.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 8,450 | 717 | 563 | 387 | 21.0 | 8.5 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 6,068 | 183 | 167 | 68 | 3.7 | 3.0 | Aug 5, 2025 | J-GAAP |
| Jul - Sep, 2025 | 7,404 | 771 | 818 | 649 | 34.8 | 10.4 | Nov 5, 2025 | J-GAAP |
| Oct - Dec, 2025 | 7,252 | 426 | 559 | 380 | 20.4 | 5.9 | Feb 4, 2026 | J-GAAP |
| Jan - Mar, 2026 | 8,786 | 718 | 864 | 318 | 17.1 | 8.2 | May 12, 2026 | J-GAAP |
| YoY | +4.0% | +0.1% | +53.5% | -17.8% | -18.8% |
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