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CROPS, 3% Increase in Ordinary Profit, Update Record High for Second Consecutive Term, Increased Previous Year's Dividend by 4 Yen, This Fiscal Year to Increase Dividend by 3 Yen

Wed May 13, 2026 1:30 pm JST Earnings

9428 CROPS CORPORATION 【J-GAAP】

Earnings Report

CROPS CORPORATION <9428> [TSE Std] announced its financial results in the afternoon session on May 13th (13:30). The consolidated ordinary profit for the fiscal year ended March 2026 expanded to 41.3% from the previous period to 3.72 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to grow by 3.2% to 3.84 billion yen, marking the second consecutive term of record-high profits. This will be the sixth consecutive term of revenue and the third consecutive term of profit growth.

At the same time, the company increased the annual dividend for the previous term from 25 yen to 29 yen (compared to 20 yen in the prior term), and has decided to increase the dividend this fiscal year to 32 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 grew 12.7% from the same period last year, reaching 1.07 billion yen. The operating profit margin improved from 5.1% in the same period last year to 6.1%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 54,487 2,127 2,316 1,206 127.5 20 May 14, 2024 J-GAAP
Mar, 2025 61,568 2,391 2,634 991 104.8 20 May 13, 2025 J-GAAP
Mar, 2026 67,497 3,601 3,723 926 98.0 29 May 13, 2026 J-GAAP
YoY +9.6% +50.6% +41.3% -6.6% -6.5%

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 67,121 3,201 3,410 1,177 124.5 25 Nov 13, 2025 J-GAAP
Mar, 2026 Results 67,497 3,601 3,723 926 98.0 29 May 13, 2026 J-GAAP
Revision Rate +0.6% +12.5% +9.2% -21.3% -21.3%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 31,231 1,419 1,460 -20 -2.1 0 Nov 13, 2025 J-GAAP
Apr - Sep, 2026 Guidance 37,357 1,639 1,653 694 73.4 0 May 13, 2026 J-GAAP
YoY +19.6% +15.5% +13.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 61,568 2,391 2,634 991 104.8 20 May 13, 2025 J-GAAP
Mar, 2026 67,497 3,601 3,723 926 98.0 29 May 13, 2026 J-GAAP
Mar, 2027 Guidance 78,006 3,820 3,841 1,855 196.2 32 May 13, 2026 J-GAAP
YoY +15.6% +6.1% +3.2% +100.3% +100.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2025 16,306 829 951 610 64.5 5.1 May 13, 2025 J-GAAP
Apr - Jun, 2025 15,717 832 836 299 31.7 5.3 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 15,514 587 624 -319 -34.0 3.8 Nov 13, 2025 J-GAAP
Oct - Dec, 2025 17,414 1,037 1,191 661 69.9 6.0 Feb 12, 2026 J-GAAP
Jan - Mar, 2026 18,852 1,145 1,072 285 30.2 6.1 May 13, 2026 J-GAAP
YoY +15.6% +38.1% +12.7% -53.3% -53.3%

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