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TAKACHIHO KOHEKI , 5% Increase in Ordinary Profit, Update Record High for Fourth Consecutive Term, Dividend Effectively Increased
2676 TAKACHIHO KOHEKI CO.,LTD. 【J-GAAP】
Earnings ReportTAKACHIHO KOHEKI CO.,LTD. <2676> [TSE Prime] announced its financial results after the market closed on May 13th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 increased 9.2% from the previous period to 2 billion yen. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to grow by 4.8% to 2.1 billion yen, marking the fourth consecutive term of record-high profits. This will be the fifth consecutive term of revenue and the sixth consecutive term of profit growth.
At the same time, the annual dividend for this fiscal year is 80.5 yen, taking into account the forward stock split scheduled to be allocated on May 31, this dividend represents an actual increase of 0.6%.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit amounted to 0.56 billion yen, a 0.9% decrease compared to the same period last year. However, the operating profit margin improved from 7.7% in the same period last year to 8.5%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 23,360 | 1,376 | 1,588 | 1,205 | 67.4 | 66.50 | May 12, 2023 | J-GAAP |
| Mar, 2024 | 25,224 | 1,465 | 1,835 | 1,437 | 79.2 | 79 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 28,098 | 2,079 | 2,004 | 1,458 | 79.1 | 80 | May 13, 2025 | J-GAAP |
| YoY | +11.4% | +41.9% | +9.2% | +1.5% | -0.2% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 Guidance | 26,900 | 2,050 | 2,000 | 1,490 | 80.1 | 80 | May 10, 2024 | J-GAAP |
| Mar, 2025 Results | 28,098 | 2,079 | 2,004 | 1,458 | 79.1 | 80 | May 13, 2025 | J-GAAP |
| Revision Rate | +4.5% | +1.4% | +0.2% | -2.1% | -1.3% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 13,314 | 936 | 811 | 594 | 32.5 | 29 | Nov 5, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 14,200 | 950 | 910 | 640 | 34.4 | 34.50 | May 13, 2025 | J-GAAP |
| YoY | +6.7% | +1.5% | +12.2% | +7.7% | +5.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 25,224 | 1,465 | 1,835 | 1,437 | 79.2 | 79 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 28,098 | 2,079 | 2,004 | 1,458 | 79.1 | 80 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 30,000 | 2,200 | 2,100 | 1,500 | 80.3 | 80.50 | May 13, 2025 | J-GAAP |
| YoY | +6.8% | +5.8% | +4.8% | +2.9% | +1.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 6,264 | 485 | 568 | 416 | 22.9 | 7.7 | May 10, 2024 | J-GAAP |
| Apr - Jun, 2024 | 6,421 | 464 | 631 | 458 | 25.2 | 7.2 | Aug 2, 2024 | J-GAAP |
| Jul - Sep, 2024 | 6,893 | 472 | 180 | 136 | 7.5 | 6.8 | Nov 5, 2024 | J-GAAP |
| Oct - Dec, 2024 | 6,334 | 426 | 630 | 477 | 26.0 | 6.7 | Feb 4, 2025 | J-GAAP |
| Jan - Mar, 2025 | 8,450 | 717 | 563 | 387 | 21.0 | 8.5 | May 13, 2025 | J-GAAP |
| YoY | +34.9% | +47.8% | -0.9% | -7.0% | -8.5% |
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