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USS, 2% Increase in Ordinary Profit, Update Record High for Sixth Consecutive Term, Increased Previous Year's Dividend by 2.9 Yen, This Fiscal Year to Increase Dividend by 0.3 Yen
4732 USS Co.,Ltd. 【J-GAAP】
Earnings ReportUSS Co.,Ltd. <4732> [TSE Prime] announced its financial results after the market closed on May 12th (16:40). The consolidated ordinary profit for the fiscal year ended March 2026 increased by 10.4% from the previous period to 60.5 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to grow by 2.0% to 61.8 billion yen, marking the sixth consecutive term of record-high profits. This will be the sixth consecutive term of revenue and the seventh consecutive term of profit growth.
At the same time, the company increased the annual dividend for the previous term from 51.8 yen to 54.7 yen (compared to 43.4 yen in the prior term), and has decided to increase the dividend this fiscal year to 55 yen, an increase of 0.3 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit grew 11.3% from the same period last year, reaching 16.1 billion yen. However, the operating profit margin decreased from 52.5% in the same period last year to 51.6%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 97,606 | 48,937 | 49,654 | 32,906 | 68.3 | 37.70 | May 8, 2024 | J-GAAP |
| Mar, 2025 | 104,021 | 54,206 | 54,883 | 37,636 | 78.7 | 43.40 | May 13, 2025 | J-GAAP |
| Mar, 2026 | 113,854 | 59,847 | 60,590 | 41,360 | 88.8 | 54.70 | May 12, 2026 | J-GAAP |
| YoY | +9.5% | +10.4% | +10.4% | +9.9% | +12.9% |
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 | 111,900 | 58,000 | 58,700 | 40,000 | 86.2 | 51.80 | Feb 10, 2026 | J-GAAP |
| Mar, 2026 Results | 113,854 | 59,847 | 60,590 | 41,360 | 88.8 | 54.70 | May 12, 2026 | J-GAAP |
| Revision Rate | +1.7% | +3.2% | +3.2% | +3.4% | +3.0% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 53,979 | 28,709 | 29,041 | 19,951 | 42.7 | 25.20 | Nov 11, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 59,500 | 29,850 | 30,240 | 20,290 | 43.7 | 27.50 | May 12, 2026 | J-GAAP |
| YoY | +10.2% | +4.0% | +4.1% | +1.7% | +2.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 104,021 | 54,206 | 54,883 | 37,636 | 78.7 | 43.40 | May 13, 2025 | J-GAAP |
| Mar, 2026 | 113,854 | 59,847 | 60,590 | 41,360 | 88.8 | 54.70 | May 12, 2026 | J-GAAP |
| Mar, 2027 Guidance | 119,800 | 61,000 | 61,800 | 41,600 | 89.6 | 55 | May 12, 2026 | J-GAAP |
| YoY | +5.2% | +1.9% | +2.0% | +0.6% | +0.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 27,369 | 14,381 | 14,518 | 10,026 | 21.0 | 52.5 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 27,389 | 14,708 | 14,870 | 10,232 | 21.7 | 53.7 | Aug 5, 2025 | J-GAAP |
| Jul - Sep, 2025 | 26,590 | 14,001 | 14,171 | 9,719 | 20.8 | 52.7 | Nov 11, 2025 | J-GAAP |
| Oct - Dec, 2025 | 28,990 | 15,186 | 15,395 | 10,480 | 22.5 | 52.4 | Feb 10, 2026 | J-GAAP |
| Jan - Mar, 2026 | 30,885 | 15,952 | 16,154 | 10,929 | 23.5 | 51.6 | May 12, 2026 | J-GAAP |
| YoY | +12.8% | +10.9% | +11.3% | +9.0% | +12.0% |
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