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TOWA FOOD SERVICE, 21% Decrease in Ordinary Profit for The Current Fiscal Year, Despite Last Fiscal Year's Dividend Increase, This Fiscal Year to Decrease Dividend
3329 TOWA FOOD SERVICE CO.,LTD. 【J-GAAP】
Earnings ReportTOWA FOOD SERVICE CO.,LTD. <3329> [TSE Std] announced its financial results in the afternoon session on May 29th (14:20). The ordinary profit (non-consolidated) for the fiscal year ended April 2026 increased by 3.1% from the previous period to 1.13 billion yen. However, for the fiscal year ending April 2027, the ordinary profit is expected to decrease by 20.6% from the previous period to 0.90 billion yen.
At the same time, the company increased the annual dividend for the previous term from 20 yen to 22 yen (compared to 20 yen in the prior term), and has decided to reduce the dividend this fiscal year to 20 yen, a decrease of 2 yen from the previous fiscal year.
In the most recent three-month period, from February to April (4Q), the ordinary profit grew 3.8% from the same period last year, reaching 0.30 billion yen. However, the operating profit margin worsened from 8.4% in the same period last year to 7.4%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr, 2024 | 12,382 | 997 | 1,049 | 704 | 87.3 | 19 | May 30, 2024 | J-GAAP |
| Apr, 2025 | 12,812 | 1,062 | 1,099 | 720 | 89.3 | 20 | May 30, 2025 | J-GAAP |
| Apr, 2026 | 13,314 | 983 | 1,133 | 751 | 93.1 | 22 | May 29, 2026 | J-GAAP |
| YoY | +3.9% | -7.4% | +3.1% | +4.3% | +4.2% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr, 2026 Guidance | 12,800 | 860 | 900 | 550 | 68.1 | 20 | Nov 28, 2025 | J-GAAP |
| Apr, 2026 Results | 13,314 | 983 | 1,133 | 751 | 93.1 | 22 | May 29, 2026 | J-GAAP |
| Revision Rate | +4.0% | +14.3% | +25.9% | +36.5% | +36.6% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| May - Oct, 2025 | 6,526 | 383 | 453 | 275 | 34.2 | 10 | Nov 28, 2025 | J-GAAP |
| May - Oct, 2026 Guidance | 6,630 | 370 | 420 | 215 | 26.6 | 10 | May 29, 2026 | J-GAAP |
| YoY | +1.6% | -3.4% | -7.3% | -21.8% | -22.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr, 2025 | 12,812 | 1,062 | 1,099 | 720 | 89.3 | 20 | May 30, 2025 | J-GAAP |
| Apr, 2026 | 13,314 | 983 | 1,133 | 751 | 93.1 | 22 | May 29, 2026 | J-GAAP |
| Apr, 2027 Guidance | 13,500 | 800 | 900 | 570 | 70.6 | 20 | May 29, 2026 | J-GAAP |
| YoY | +1.4% | -18.6% | -20.6% | -24.1% | -24.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb - Apr, 2025 | 3,228 | 271 | 289 | 236 | 29.3 | 8.4 | May 30, 2025 | J-GAAP |
| May - Jul, 2025 | 3,279 | 231 | 244 | 149 | 18.5 | 7.0 | Aug 29, 2025 | J-GAAP |
| Aug - Oct, 2025 | 3,247 | 152 | 209 | 126 | 15.7 | 4.7 | Nov 28, 2025 | J-GAAP |
| Nov - Jan, 2025 | 3,464 | 353 | 380 | 222 | 27.5 | 10.2 | Feb 27, 2026 | J-GAAP |
| Feb - Apr, 2026 | 3,324 | 247 | 300 | 254 | 31.5 | 7.4 | May 29, 2026 | J-GAAP |
| YoY | +3.0% | -8.9% | +3.8% | +7.6% | +7.5% |
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