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Kodensha, 9% Decrease in Ordinary Profit for The Current Fiscal Year, Increased Previous Year's Dividend by 10 Yen, Plan to Continue the 100 Yen Policy This Fiscal Year as Well
1948 The Kodensha,Co.,Ltd. 【J-GAAP】
Earnings ReportThe Kodensha,Co.,Ltd. <1948> [TSE Std] announced its financial results in the afternoon session on May 13th (14:30). The consolidated ordinary profit for the fiscal year ended March 2026 increased by 26.7% from the previous period to 4.01 billion yen. However, for the fiscal year ending March 2027, the consolidated ordinary profit is expected to decrease by 9.1% from the previous period to 3.65 billion yen.
At the same time, the company increased the annual dividend for the previous term from 90 yen to 100 yen (compared to 84 yen in the prior term), and has decided to continue with a dividend of 100 yen for the current term as well.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit increased 39.5% from the same period last year, reaching 2.03 billion yen. The operating profit margin rose from 11.8% in the same period last year to 15.2%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 34,868 | 1,156 | 1,292 | 899 | 101.5 | 54 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 39,264 | 3,081 | 3,169 | 2,737 | 309.7 | 84 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 44,234 | 3,893 | 4,015 | 2,832 | 324.3 | 100 | May 13, 2026 | J-GAAP |
| YoY | +12.7% | +26.4% | +26.7% | +3.5% | +4.7% |
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 | 42,000 | 3,100 | 3,200 | 2,050 | 234.7 | 90 | Sep 11, 2025 | J-GAAP |
| Mar, 2026 Results | 44,234 | 3,893 | 4,015 | 2,832 | 324.3 | 100 | May 13, 2026 | J-GAAP |
| Revision Rate | +5.3% | +25.6% | +25.5% | +38.1% | +38.2% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 19,951 | 1,001 | 1,048 | 675 | 77.4 | 45 | Oct 31, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 22,000 | 1,500 | 1,550 | 1,010 | 115.7 | 50 | May 13, 2026 | J-GAAP |
| YoY | +10.3% | +49.9% | +47.9% | +49.6% | +49.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 39,264 | 3,081 | 3,169 | 2,737 | 309.7 | 84 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 44,234 | 3,893 | 4,015 | 2,832 | 324.3 | 100 | May 13, 2026 | J-GAAP |
| Mar, 2027 Guidance | 45,000 | 3,600 | 3,650 | 2,400 | 274.8 | 100 | May 13, 2026 | J-GAAP |
| YoY | +1.7% | -7.5% | -9.1% | -15.3% | -15.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 12,081 | 1,422 | 1,462 | 1,510 | 170.8 | 11.8 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 8,559 | 78 | 112 | 42 | 4.9 | 0.9 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 11,392 | 923 | 936 | 633 | 72.6 | 8.1 | Oct 31, 2025 | J-GAAP |
| Oct - Dec, 2025 | 11,064 | 888 | 928 | 625 | 71.6 | 8.0 | Jan 30, 2026 | J-GAAP |
| Jan - Mar, 2026 | 13,219 | 2,004 | 2,039 | 1,532 | 175.4 | 15.2 | May 13, 2026 | J-GAAP |
| YoY | +9.4% | +40.9% | +39.5% | +1.5% | +2.7% |
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