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YOTAI REFRACTORIES, Last Fiscal Year's Ordinary Profit Unexpectedly Increases, 3% Increase in The Current Fiscal Year
5357 YOTAI REFRACTORIES CO.,LTD. 【J-GAAP】
Earnings ReportYOTAI REFRACTORIES CO.,LTD. <5357> [TSE Prime] announced its financial results after the market closed on May 14th (16:00). The consolidated ordinary profit for the fiscal year ended March 2026 increased by 3.6% from the previous period to 3.77 billion yen exceeding the previous forecast of 3.30 billion yen and resulted in an increase in profit, a complete reversal from the forecast for a decline in profit. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to grow by 3.4% to 3.90 billion yen. This will be the sixth consecutive term of revenue growth.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit grew 18.6% from the same period last year, reaching 1.03 billion yen. The operating profit margin rose from 12.3% 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 | 29,128 | 3,602 | 3,704 | 3,878 | 205.5 | 85 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 29,305 | 3,484 | 3,640 | 2,623 | 141.7 | 90 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 29,585 | 3,595 | 3,770 | 2,469 | 134.4 | 90 | May 14, 2026 | J-GAAP |
| YoY | +1.0% | +3.2% | +3.6% | -5.9% | -5.2% |
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 | 29,000 | 3,200 | 3,300 | 2,100 | 114.0 | 90 | Nov 7, 2025 | J-GAAP |
| Mar, 2026 Results | 29,585 | 3,595 | 3,770 | 2,469 | 134.4 | 90 | May 14, 2026 | J-GAAP |
| Revision Rate | +2.0% | +12.3% | +14.2% | +17.6% | +17.8% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 13,957 | 1,327 | 1,404 | 764 | 41.7 | 45 | Nov 7, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 14,500 | 1,750 | 1,800 | 1,250 | 67.8 | 45 | May 14, 2026 | J-GAAP |
| YoY | +3.9% | +31.9% | +28.2% | +63.6% | +62.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 29,305 | 3,484 | 3,640 | 2,623 | 141.7 | 90 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 29,585 | 3,595 | 3,770 | 2,469 | 134.4 | 90 | May 14, 2026 | J-GAAP |
| Mar, 2027 Guidance | 30,000 | 3,800 | 3,900 | 2,600 | 141.1 | 90 | May 14, 2026 | J-GAAP |
| YoY | +1.4% | +5.7% | +3.4% | +5.3% | +5.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 6,992 | 857 | 873 | 672 | 36.3 | 12.3 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 6,901 | 575 | 646 | 186 | 10.1 | 8.3 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 7,056 | 752 | 758 | 578 | 31.5 | 10.7 | Nov 7, 2025 | J-GAAP |
| Oct - Dec, 2025 | 8,112 | 1,262 | 1,331 | 925 | 50.4 | 15.6 | Feb 6, 2026 | J-GAAP |
| Jan - Mar, 2026 | 7,516 | 1,006 | 1,035 | 780 | 42.4 | 13.4 | May 14, 2026 | J-GAAP |
| YoY | +7.5% | +17.4% | +18.6% | +16.1% | +16.9% |
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