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Nihon Tokushu Toryo, 8% Increase in Ordinary Profit, Update Record High for Second Consecutive Term, Increased Previous Year's Dividend by 15 Yen, This Fiscal Year to Increase Dividend by 5 Yen
4619 Nihon Tokushu Toryo Co., Ltd. 【J-GAAP】
Earnings ReportNihon Tokushu Toryo Co., Ltd. <4619> [TSE Std] announced its financial results after the market closed on May 14th (16:15). The consolidated ordinary profit for the fiscal year ended March 2026 increased by 1.9% from the previous period to 6.83 billion yen exceeding the previous forecast of 5.65 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 7.6% to 7.35 billion yen, marking the second consecutive term of record-high profits. This will be the sixth consecutive term of profit growth.
At the same time, the company increased the annual dividend for the previous term from 110 yen to 125 yen (compared to 90 yen in the prior term), and has decided to increase the dividend this fiscal year to 130 yen, an increase of 5 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit amounted to 2.06 billion yen, a 1.3% decrease compared to the same period last year. However, the operating profit margin remained almost flat, changing from 7.8% in the same period last year to 8.0%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 64,693 | 3,905 | 5,963 | 3,947 | 181.6 | 46 | May 8, 2024 | J-GAAP |
| Mar, 2025 | 66,060 | 4,456 | 6,709 | 4,942 | 227.2 | 90 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 61,889 | 4,004 | 6,834 | 5,244 | 242.4 | 125 | May 14, 2026 | J-GAAP |
| YoY | -6.3% | -10.1% | +1.9% | +6.1% | +6.7% |
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 | 60,500 | 3,050 | 5,650 | 4,800 | 225.4 | 110 | Nov 12, 2025 | J-GAAP |
| Mar, 2026 Results | 61,889 | 4,004 | 6,834 | 5,244 | 242.4 | 125 | May 14, 2026 | J-GAAP |
| Revision Rate | +2.3% | +31.3% | +21.0% | +9.3% | +7.5% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 30,300 | 1,640 | 2,825 | 2,595 | 119.3 | 50 | Nov 12, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 31,700 | 1,500 | 3,500 | 2,550 | 119.8 | 55 | May 14, 2026 | J-GAAP |
| YoY | +4.6% | -8.5% | +23.9% | -1.7% | +0.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 66,060 | 4,456 | 6,709 | 4,942 | 227.2 | 90 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 61,889 | 4,004 | 6,834 | 5,244 | 242.4 | 125 | May 14, 2026 | J-GAAP |
| Mar, 2027 Guidance | 66,400 | 4,050 | 7,350 | 5,300 | 248.9 | 130 | May 14, 2026 | J-GAAP |
| YoY | +7.3% | +1.1% | +7.6% | +1.1% | +2.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 16,697 | 1,309 | 2,087 | 1,633 | 75.1 | 7.8 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 15,136 | 797 | 1,455 | 1,158 | 53.3 | 5.3 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 15,164 | 843 | 1,370 | 1,437 | 66.1 | 5.6 | Nov 12, 2025 | J-GAAP |
| Oct - Dec, 2025 | 15,767 | 1,095 | 1,949 | 1,542 | 71.1 | 6.9 | Feb 12, 2026 | J-GAAP |
| Jan - Mar, 2026 | 15,822 | 1,269 | 2,060 | 1,107 | 51.2 | 8.0 | May 14, 2026 | J-GAAP |
| YoY | -5.2% | -3.1% | -1.3% | -32.2% | -31.9% |
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