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SANTO, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 40%, Dividend Revised Upward by 60 Yen
1788 SANTO CORPORATION 【J-GAAP】
Earnings ReportSANTO CORPORATION <1788> [TSE Std] announced its financial results in the afternoon session on May 13th (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending June 2026 (July 2025 to March 2026) expanded 553 million yen, an increase 41.1% compared to the same period last year.
In addition, the full-year forecast for consolidated ordinary profit has been revised upward 40.0%, from the previous forecast of 350 million yen to 490 million yen (compared to 338 million yen in the previous period), increasing the growth rate from 3.6% to 45.0%.
Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the January to June period (second half) is expected to increase 4.5 times, from the previous forecast of 40 million yen to 180 million yen (compared to 164 million yen in the same period of the previous year), turning to a 9.8% increase in the consolidated ordinary profit outlook.
In light of the strong performance, the company has significantly increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 70 yen to 130 yen (compared to 100 yen in the previous period).
In the most recent three-month period, from January to March (3Q), the consolidated ordinary profit grew 11.5% from the same period last year, reaching 243 million yen. However, the operating profit margin worsened from 8.5% in the same period last year to 7.7%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Mar, 2023 | 5,897 | 325 | 328 | 201 | 326.0 | 157.7 | May 9, 2024 | J-GAAP |
| Jul - Mar, 2024 | 6,076 | 388 | 392 | 249 | 401.8 | 116.0 | May 7, 2025 | J-GAAP |
| Jul - Mar, 2025 | 8,134 | 547 | 553 | 356 | 569.1 | 112.9 | May 13, 2026 | J-GAAP |
| YoY | +33.9% | +41.0% | +41.1% | +43.0% | +41.6% |
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2026 Prev | 4,012 | 45 | 40 | 52 | 83.0 | 70 | Feb 12, 2026 | J-GAAP |
| Jan - Jun, 2026 New | 5,812 | 185 | 180 | 82 | 130.8 | 130 | May 13, 2026 | J-GAAP |
| Revision Rate | +44.9% | +311.1% | +350.0% | +57.7% | +57.7% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun, 2026 Prev | 9,000 | 350 | 350 | 250 | 398.8 | 70 | Aug 8, 2025 | J-GAAP |
| Jun, 2026 New | 10,800 | 490 | 490 | 280 | 446.7 | 130 | May 13, 2026 | J-GAAP |
| Revision Rate | +20.0% | +40.0% | +40.0% | +12.0% | +12.0% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 | 4,690 | 157 | 164 | 125 | 201.3 | 100 | Aug 8, 2025 | J-GAAP |
| Jan - Jun, 2026 Guidance | 5,812 | 185 | 180 | 82 | 130.8 | 130 | May 13, 2026 | J-GAAP |
| YoY | +23.9% | +17.8% | +9.8% | -34.4% | -35.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun, 2024 | 7,400 | 199 | 208 | 132 | 214.4 | 100 | Aug 9, 2024 | J-GAAP |
| Jun, 2025 | 8,199 | 327 | 338 | 231 | 371.9 | 100 | Aug 8, 2025 | J-GAAP |
| Jun, 2026 Guidance | 10,800 | 490 | 490 | 280 | 446.7 | 130 | May 13, 2026 | J-GAAP |
| YoY | +31.7% | +49.8% | +45.0% | +21.2% | +20.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 2,567 | 218 | 218 | 143 | 230.8 | 8.5 | May 7, 2025 | J-GAAP |
| Apr - Jun, 2025 | 2,123 | -61 | -54 | -18 | -29.0 | -2.9 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 2,206 | 202 | 203 | 130 | 208.6 | 9.2 | Nov 12, 2025 | J-GAAP |
| Oct - Dec, 2025 | 2,782 | 103 | 107 | 68 | 109.3 | 3.7 | Feb 12, 2026 | J-GAAP |
| Jan - Mar, 2026 | 3,146 | 242 | 243 | 158 | 252.6 | 7.7 | May 13, 2026 | J-GAAP |
| YoY | +22.6% | +11.0% | +11.5% | +10.5% | +9.4% |
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