RYOHIN KEIKAKU, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 13%, Raises Record High Profit Forecast
7453 RYOHIN KEIKAKU CO.,LTD. 【J-GAAP】
Earnings ReportRYOHIN 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
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Progress Rate vs. First Half |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
495,699M | 42,469M | 43,326M | 33,507M | 63.3 | 77.7 | Jul 12, 2024 | J-GAAP |
|
|
591,093M | 59,406M | 57,826M | 43,591M | 82.3 | 80.0 | Jul 11, 2025 | J-GAAP |
|
|
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
| 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% |
| 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
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
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% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
661,677M | 56,135M | 55,777M | 41,566M | 78.6 | 20 | Oct 11, 2024 | J-GAAP |
|
|
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 |
|---|---|---|---|---|---|---|---|---|
|
|
209,070M | 23,301M | 23,239M | 18,109M | 34.2 | 11.1 | Jul 11, 2025 | J-GAAP |
|
|
193,536M | 14,434M | 14,475M | 7,255M | 13.7 | 7.5 | Oct 10, 2025 | J-GAAP |
|
|
228,227M | 28,383M | 29,121M | 22,047M | 41.6 | 12.4 | Jan 14, 2026 | J-GAAP |
|
|
210,322M | 16,662M | 17,752M | 12,215M | 23.0 | 7.9 | Apr 10, 2026 | J-GAAP |
|
|
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% |
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