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TSUMURA CO, 11% Decrease in Ordinary Profit for The Current Fiscal Year, Increased Previous Year's Dividend by 3 Yen, This Fiscal Year to Increase Dividend by 11 Yen
4540 TSUMURA & CO. 【J-GAAP】
Earnings ReportTSUMURA & CO. <4540> [TSE Prime] announced its financial results at noon (11:30) on May 13th. The consolidated ordinary profit for the fiscal year ended March 2026 decreased by 5.7% from the previous period to 40.0 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to decrease by 11.3% from the previous period to 35.5 billion yen.
At the same time, the company increased the annual dividend for the previous term from 144 yen to 147 yen (compared to 136 yen in the prior term), and has decided to increase the dividend this fiscal year to 158 yen, an increase of 11 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit grew 11.4% from the same period last year, reaching 8.12 billion yen. However, the operating profit margin decreased from 17.5% in the same period last year to 13.4%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 150,845 | 20,017 | 23,493 | 16,707 | 219.8 | 85 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 181,093 | 40,125 | 42,446 | 32,428 | 427.2 | 136 | May 12, 2025 | J-GAAP |
| Mar, 2026 | 192,615 | 35,219 | 40,036 | 28,117 | 376.3 | 147 | May 13, 2026 | J-GAAP |
| YoY | +6.4% | -12.2% | -5.7% | -13.3% | -11.9% |
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 | 198,000 | 35,000 | 34,500 | 24,300 | 326.0 | 144 | Nov 10, 2025 | J-GAAP |
| Mar, 2026 Results | 192,615 | 35,219 | 40,036 | 28,117 | 376.3 | 147 | May 13, 2026 | J-GAAP |
| Revision Rate | -2.7% | +0.6% | +16.0% | +15.7% | +15.4% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 89,897 | 17,119 | 16,419 | 12,477 | 166.7 | 68 | Nov 10, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 102,500 | 17,200 | 16,400 | 11,100 | 148.9 | 79 | May 13, 2026 | J-GAAP |
| YoY | +14.0% | +0.5% | -0.1% | -11.0% | -10.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 181,093 | 40,125 | 42,446 | 32,428 | 427.2 | 136 | May 12, 2025 | J-GAAP |
| Mar, 2026 | 192,615 | 35,219 | 40,036 | 28,117 | 376.3 | 147 | May 13, 2026 | J-GAAP |
| Mar, 2027 Guidance | 213,600 | 37,500 | 35,500 | 26,200 | 351.5 | 158 | May 13, 2026 | J-GAAP |
| YoY | +10.9% | +6.5% | -11.3% | -6.8% | -6.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 44,320 | 7,745 | 7,295 | 5,861 | 77.2 | 17.5 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 43,094 | 7,719 | 6,181 | 4,367 | 58.2 | 17.9 | Aug 5, 2025 | J-GAAP |
| Jul - Sep, 2025 | 46,803 | 9,400 | 10,238 | 8,110 | 108.3 | 20.1 | Nov 10, 2025 | J-GAAP |
| Oct - Dec, 2025 | 55,279 | 11,743 | 15,488 | 10,674 | 142.7 | 21.2 | Feb 6, 2026 | J-GAAP |
| Jan - Mar, 2026 | 47,439 | 6,357 | 8,129 | 4,966 | 66.5 | 13.4 | May 13, 2026 | J-GAAP |
| YoY | +7.0% | -17.9% | +11.4% | -15.3% | -13.9% |
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