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RYOHIN KEIKAKU, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 13%, Raises Record High Profit Forecast

Fri Jul 10, 2026 3:30 pm JST Earnings

7453 RYOHIN KEIKAKU CO.,LTD. 【J-GAAP】

Earnings Report

RYOHIN KEIKAKU CO.,LTD. <7453> [TSE Prime] announced its financial results after the market closed on July 10th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending August 2026 (September 2025 to May 2026) expanded 82.3 billion yen, an increase 42.5% compared to the same period last year.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 12.5%, from the previous forecast of 88.0 billion yen to 99.0 billion yen (compared to 72.3 billion yen in the previous period), increasing the growth rate from 21.7% to 36.9%, further surpassing the previous forecast of record-high profits for three consecutive terms.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the March to August period (second half) is expected to increase 26.7%, from the previous forecast of 41.1 billion yen to 52.1 billion yen (compared to 37.7 billion yen in the same period of the previous year), increasing the growth rate from 9.0% to 38.2%.

In the most recent three-month period, from March to May (3Q), the consolidated ordinary profit increased 52.9% from the same period last year, reaching 35.5 billion yen. The operating profit margin rose from 11.1% in the same period last year to 14.2%.

Kabutan News

Actual Performance and Financial Trends

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Progress Rate
vs. First Half
Announce Accounting
Standards
Sep - May, 2023
495,699M 42,469M 43,326M 33,507M 63.3 77.7 Jul 12, 2024 J-GAAP
Sep - May, 2024
591,093M 59,406M 57,826M 43,591M 82.3 80.0 Jul 11, 2025 J-GAAP
Sep - May, 2025
690,788M 80,822M 82,396M 58,553M 110.3 83.2 Jul 10, 2026 J-GAAP
YoY +16.9% +36.1% +42.5% +34.3% +34.1%

Guidance Update

Second Half Update
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Mar - Aug, 2026 Prev 448,451M 43,955M 41,127M 27,738M 52.3 16 Apr 10, 2026 J-GAAP
Mar - Aug, 2026 New 468,451M 52,955M 52,127M 32,738M 61.7 16 Jul 10, 2026 J-GAAP
Revision Rate +4.5% +20.5% +26.7% +18.0% +18.0%
Full Year Update
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Aug, 2026 Prev 887,000M 89,000M 88,000M 62,000M 116.8 32 Apr 10, 2026 J-GAAP
Aug, 2026 New 907,000M 98,000M 99,000M 67,000M 126.2 32 Jul 10, 2026 J-GAAP
Revision Rate +2.3% +10.1% +12.5% +8.1% +8.1%

Current Period Guidance

Second Half Results
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Mar - Aug, 2025
402,606M 37,735M 37,714M 25,364M 47.9 14 Oct 10, 2025 J-GAAP
Guidance
Mar - Aug, 2026
468,451M 52,955M 52,127M 32,738M 61.7 16 Jul 10, 2026 J-GAAP
YoY +16.4% +40.3% +38.2% +29.1% +28.9%
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Aug, 2024
661,677M 56,135M 55,777M 41,566M 78.6 20 Oct 11, 2024 J-GAAP
Aug, 2025
784,629M 73,840M 72,301M 50,846M 95.9 25 Oct 10, 2025 J-GAAP
Guidance
Aug, 2026
907,000M 98,000M 99,000M 67,000M 126.2 32 Jul 10, 2026 J-GAAP
YoY +15.6% +32.7% +36.9% +31.8% +31.6%

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Mar - May, 2025
209,070M 23,301M 23,239M 18,109M 34.2 11.1 Jul 11, 2025 J-GAAP
Jun - Aug, 2025
193,536M 14,434M 14,475M 7,255M 13.7 7.5 Oct 10, 2025 J-GAAP
Sep - Nov, 2025
228,227M 28,383M 29,121M 22,047M 41.6 12.4 Jan 14, 2026 J-GAAP
Dec - Feb, 2025
210,322M 16,662M 17,752M 12,215M 23.0 7.9 Apr 10, 2026 J-GAAP
Mar - May, 2026
252,239M 35,777M 35,523M 24,291M 45.8 14.2 Jul 10, 2026 J-GAAP
YoY +20.6% +53.5% +52.9% +34.1% +33.9%