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Ifuji Sangyo, 12% Decrease in Ordinary Profit for The Current Fiscal Year, Dividend Raised by 1 yen
2924 Ifuji Sangyo Co., Ltd. 【J-GAAP】
Earnings ReportIfuji Sangyo Co., Ltd. <2924> [TSE Std] announced its financial results after the market closed on May 7th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 expanded 68.5% from the previous period to 3.04 billion yen. However, for the fiscal year ending March 2026, the profit is expected to decrease by 12.1% from the previous period to 2.67 billion yen.
At the same time, the company has decided to increase the dividend this fiscal year to 67 yen, an increase of 1 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit surged 4.7 times that of the same period last year, reaching 0.61 billion yen. The operating profit margin drastically improved from 2.5% 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 | 20,891 | 1,575 | 1,615 | 1,116 | 135.7 | 35 | May 8, 2023 | J-GAAP |
| Mar, 2024 | 24,503 | 1,766 | 1,809 | 1,597 | 193.5 | 48 | May 7, 2024 | J-GAAP |
| Mar, 2025 | 25,557 | 2,998 | 3,049 | 2,102 | 254.7 | 66 | May 7, 2025 | J-GAAP |
| YoY | +4.3% | +69.8% | +68.5% | +31.6% | +31.6% |
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 | 25,313 | 3,067 | 3,115 | 2,172 | 267.0 | 66 | Mar 14, 2025 | J-GAAP |
| Mar, 2025 Results | 25,557 | 2,998 | 3,049 | 2,102 | 254.7 | 66 | May 7, 2025 | J-GAAP |
| Revision Rate | +1.0% | -2.2% | -2.1% | -3.2% | -4.6% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 11,087 | 1,523 | 1,534 | 1,035 | 125.2 | 26 | Nov 5, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 13,781 | 1,340 | 1,339 | 912 | 111.9 | 32 | May 7, 2025 | J-GAAP |
| YoY | +24.3% | -12.0% | -12.7% | -11.9% | -10.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 24,503 | 1,766 | 1,809 | 1,597 | 193.5 | 48 | May 7, 2024 | J-GAAP |
| Mar, 2025 | 25,557 | 2,998 | 3,049 | 2,102 | 254.7 | 66 | May 7, 2025 | J-GAAP |
| Mar, 2026 Guidance | 27,771 | 2,689 | 2,679 | 1,827 | 224.2 | 67 | May 7, 2025 | J-GAAP |
| YoY | +8.7% | -10.3% | -12.1% | -13.1% | -12.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 4,997 | 127 | 130 | 128 | 15.5 | 2.5 | May 7, 2024 | J-GAAP |
| Apr - Jun, 2024 | 5,204 | 795 | 800 | 545 | 66.0 | 15.3 | Aug 8, 2024 | J-GAAP |
| Jul - Sep, 2024 | 5,883 | 728 | 734 | 490 | 59.3 | 12.4 | Nov 5, 2024 | J-GAAP |
| Oct - Dec, 2024 | 7,307 | 865 | 900 | 617 | 74.6 | 11.8 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 7,163 | 610 | 615 | 450 | 54.5 | 8.5 | May 7, 2025 | J-GAAP |
| YoY | +43.3% | +380.3% | +373.1% | +251.6% | +251.5% |
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