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KITAZAWA SANGYO, 50% Increase in Ordinary Profit for The Current Fiscal Year
9930 KITAZAWA SANGYO CO.,LTD. 【J-GAAP】
Earnings ReportKITAZAWA SANGYO CO.,LTD. <9930> [TSE Std] announced its financial results after the market closed on May 15th (16:00). The consolidated ordinary profit for the fiscal year ended March 2026 dropped by 59.6% from the previous period to 367 million yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to recover to 49.9% to 550 million yen.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit significantly dropped to 152 million yen, a 53.8% decrease compared to the same period last year. The operating profit margin drastically worsened from 7.0% in the same period last year to 3.8%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 16,471 | 994 | 1,070 | 665 | 35.8 | 8 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 15,561 | 841 | 908 | 648 | 34.9 | 10 | May 15, 2025 | J-GAAP |
| Mar, 2026 | 14,031 | 266 | 367 | 220 | 11.9 | 10 | May 15, 2026 | J-GAAP |
| YoY | -9.8% | -68.4% | -59.6% | -66.0% | -66.0% |
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 | 14,031 | 266 | 367 | 220 | 11.9 | 10 | May 15, 2026 | J-GAAP |
| Mar, 2026 Results | 14,031 | 266 | 367 | 220 | 11.9 | 10 | May 15, 2026 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Guidance Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 14,031 | 266 | 367 | 220 | 11.9 | 10 | May 15, 2026 | J-GAAP |
| Mar, 2027 New | 15,550 | 470 | 550 | 310 | 16.7 | 10 | May 15, 2026 | J-GAAP |
| Revision Rate | +10.8% | +76.7% | +49.9% | +40.9% | +40.8% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 6,980 | 141 | 213 | 112 | 6.1 | 0 | Nov 14, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 7,450 | 190 | 260 | 105 | 5.7 | 0 | May 15, 2026 | J-GAAP |
| YoY | +6.7% | +34.8% | +22.1% | -6.3% | -6.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 15,561 | 841 | 908 | 648 | 34.9 | 10 | May 15, 2025 | J-GAAP |
| Mar, 2026 | 14,031 | 266 | 367 | 220 | 11.9 | 10 | May 15, 2026 | J-GAAP |
| Mar, 2027 Guidance | 15,550 | 470 | 550 | 310 | 16.7 | 10 | May 15, 2026 | J-GAAP |
| YoY | +10.8% | +76.7% | +49.9% | +40.9% | +40.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 4,625 | 322 | 329 | 243 | 13.1 | 7.0 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 3,116 | -21 | 11 | -66 | -3.6 | -0.7 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 3,864 | 162 | 202 | 178 | 9.7 | 4.2 | Nov 14, 2025 | J-GAAP |
| Oct - Dec, 2025 | 3,237 | -21 | 2 | -2 | -0.1 | -0.6 | Feb 13, 2026 | J-GAAP |
| Jan - Mar, 2026 | 3,814 | 146 | 152 | 110 | 5.9 | 3.8 | May 15, 2026 | J-GAAP |
| YoY | -17.5% | -54.7% | -53.8% | -54.7% | -54.7% |
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