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CORONA, 24% Decrease in Ordinary Profit for The Current Fiscal Year
5909 CORONA CORPORATION 【J-GAAP】
Earnings ReportCORONA CORPORATION <5909> [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 decreased by 22.8% from the previous period to 1.31 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to decrease by 24.0% from the previous period to 1.00 billion yen. This will be the fourth consecutive term of declining profits.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary loss improved to a deficit of 0.76 billion yen (compared to a loss of 0.93 billion yen in the same period last year). The operating profit/loss margin improved from -6.1% in the same period last year to -5.2%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 82,046 | 1,355 | 1,767 | 1,306 | 44.8 | 28 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 85,214 | 1,343 | 1,704 | 1,103 | 37.8 | 28 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 85,338 | 852 | 1,316 | 991 | 33.9 | 28 | May 12, 2026 | J-GAAP |
| YoY | +0.1% | -36.6% | -22.8% | -10.2% | -10.3% |
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 | 86,700 | 1,000 | 1,400 | 1,000 | 34.2 | 28 | May 9, 2025 | J-GAAP |
| Mar, 2026 Results | 85,338 | 852 | 1,316 | 991 | 33.9 | 28 | May 12, 2026 | J-GAAP |
| Revision Rate | -1.6% | -14.8% | -6.0% | -0.9% | -0.8% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 40,220 | -599 | -364 | -259 | -8.9 | 14 | Oct 30, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 40,600 | -500 | -300 | -300 | -10.3 | 14 | May 12, 2026 | J-GAAP |
| YoY | +0.9% | +16.5% | +17.6% | -15.8% | -15.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 85,214 | 1,343 | 1,704 | 1,103 | 37.8 | 28 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 85,338 | 852 | 1,316 | 991 | 33.9 | 28 | May 12, 2026 | J-GAAP |
| Mar, 2027 Guidance | 86,000 | 600 | 1,000 | 600 | 20.5 | 28 | May 12, 2026 | J-GAAP |
| YoY | +0.8% | -29.6% | -24.0% | -39.5% | -39.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 16,089 | -989 | -934 | -779 | -26.7 | -6.1 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 18,904 | -865 | -724 | -532 | -18.2 | -4.6 | Jul 30, 2025 | J-GAAP |
| Jul - Sep, 2025 | 21,316 | 266 | 360 | 273 | 9.4 | 1.2 | Oct 30, 2025 | J-GAAP |
| Oct - Dec, 2025 | 29,028 | 2,287 | 2,443 | 1,770 | 60.6 | 7.9 | Feb 4, 2026 | J-GAAP |
| Jan - Mar, 2026 | 16,090 | -836 | -763 | -520 | -17.8 | -5.2 | May 12, 2026 | J-GAAP |
| YoY | +0.0% | +15.5% | +18.3% | +33.2% | +33.4% |
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