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ICHIKEN, 6% Decrease in Ordinary Profit for The Current Fiscal Year, Dividend Effectively Increased
1847 ICHIKEN Co., Ltd. 【J-GAAP】
Earnings ReportICHIKEN Co., Ltd. <1847> [TSE Std] announced its financial results in the afternoon session on May 18th (14:00). The consolidated ordinary profit for the fiscal year ended March 2026 expanded to 32.3% from the previous period to 8.95 billion yen. However, for the fiscal year ending March 2027, the consolidated ordinary profit is expected to decrease by 6.2% from the previous period to 8.40 billion yen.
At the same time, the annual dividend for this fiscal year is 125 yen, taking into account the forward stock split scheduled to be allocated on March 31, this dividend represents an actual increase of 8.7%.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit increased 64.5% from the same period last year, reaching 2.39 billion yen. The operating profit margin improved from 7.1% in the same period last year to 8.7%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 96,373 | 4,100 | 4,020 | 2,938 | 202.4 | 55 | May 17, 2024 | J-GAAP |
| Mar, 2025 | 98,999 | 6,835 | 6,769 | 4,679 | 322.3 | 70 | May 20, 2025 | J-GAAP |
| Mar, 2026 | 106,176 | 9,033 | 8,954 | 6,408 | 220.7 | 115 | May 18, 2026 | J-GAAP |
| YoY | +7.2% | +32.2% | +32.3% | +37.0% | -31.5% |
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 | 105,000 | 8,200 | 8,100 | 5,500 | 378.9 | 115 | Feb 13, 2026 | J-GAAP |
| Mar, 2026 Results | 106,176 | 9,033 | 8,954 | 6,408 | 220.7 | 115 | May 18, 2026 | J-GAAP |
| Revision Rate | +1.1% | +10.2% | +10.5% | +16.5% | -41.7% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 49,188 | 3,728 | 3,726 | 2,524 | 173.9 | 32.50 | Nov 13, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 54,000 | 4,600 | 4,550 | 3,000 | 206.7 | 35 | May 18, 2026 | J-GAAP |
| YoY | +9.8% | +23.4% | +22.1% | +18.9% | +18.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 98,999 | 6,835 | 6,769 | 4,679 | 322.3 | 70 | May 20, 2025 | J-GAAP |
| Mar, 2026 | 106,176 | 9,033 | 8,954 | 6,408 | 220.7 | 115 | May 18, 2026 | J-GAAP |
| Mar, 2027 Guidance | 108,000 | 8,500 | 8,400 | 5,600 | 385.7 | 125 | May 18, 2026 | J-GAAP |
| YoY | +1.7% | -5.9% | -6.2% | -12.6% | +74.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 20,842 | 1,476 | 1,453 | 1,105 | 76.1 | 7.1 | May 20, 2025 | J-GAAP |
| Apr - Jun, 2025 | 22,179 | 1,641 | 1,646 | 1,114 | 76.8 | 7.4 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 27,009 | 2,087 | 2,080 | 1,410 | 97.1 | 7.7 | Nov 13, 2025 | J-GAAP |
| Oct - Dec, 2025 | 28,710 | 2,839 | 2,838 | 1,940 | 133.6 | 9.9 | Feb 13, 2026 | J-GAAP |
| Jan - Mar, 2026 | 28,278 | 2,466 | 2,390 | 1,944 | 67.0 | 8.7 | May 18, 2026 | J-GAAP |
| YoY | +35.7% | +67.1% | +64.5% | +75.9% | -12.0% |
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