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Star Mica Holdings, 22% Increase in Ordinary Profit, Update Record High for Second Consecutive Term, Dividend Raised by 8 Yen
2975 Star Mica Holdings Co.,Ltd. 【J-GAAP】
Earnings ReportStar Mica Holdings Co.,Ltd. <2975> [TSE Prime] announced its financial results after the market closed on January 13th (15:30). The consolidated ordinary profit for the fiscal year ended November 2025 expanded to 33.6% from the previous period to 6.15 billion yen. For the fiscal year ending November 2026, the consolidated ordinary profit is expected to grow by 21.7% to 7.49 billion yen, marking the second consecutive term of record-high profits. This will be the fifth consecutive term of revenue and the third consecutive term of profit growth.
At the same time, the company has decided to increase the dividend this fiscal year to 45 yen, an increase of 8 yen from the previous fiscal year.
In the most recent three-month period, from September to November (4Q), the consolidated ordinary profit increased 44.9% from the same period last year, reaching 1.16 billion yen. The operating profit margin improved from 6.6% in the same period last year to 7.2%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Nov, 2023 | 48,877 | 4,846 | 3,921 | 2,664 | 79.6 | 20 | Jan 12, 2024 | J-GAAP |
| Nov, 2024 | 55,849 | 5,524 | 4,607 | 3,106 | 93.0 | 23 | Jan 14, 2025 | J-GAAP |
| Nov, 2025 | 69,158 | 7,314 | 6,156 | 4,184 | 124.4 | 37 | Jan 13, 2026 | J-GAAP |
| YoY | +23.8% | +32.4% | +33.6% | +34.7% | +33.8% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Nov, 2025 Guidance | 67,895 | 7,232 | 6,002 | 4,159 | 122.6 | 37 | Nov 20, 2025 | J-GAAP |
| Nov, 2025 Results | 69,158 | 7,314 | 6,156 | 4,184 | 124.4 | 37 | Jan 13, 2026 | J-GAAP |
| Revision Rate | +1.9% | +1.1% | +2.6% | +0.6% | +1.5% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec - May, 2024 | 33,722 | 4,017 | 3,549 | 2,431 | 73.0 | 15 | Jun 30, 2025 | J-GAAP |
| Dec - May, 2025 Guidance | 38,764 | 5,083 | 4,229 | 2,890 | 85.2 | 22.50 | Jan 13, 2026 | J-GAAP |
| YoY | +15.0% | +26.5% | +19.2% | +18.9% | +16.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Nov, 2024 | 55,849 | 5,524 | 4,607 | 3,106 | 93.0 | 23 | Jan 14, 2025 | J-GAAP |
| Nov, 2025 | 69,158 | 7,314 | 6,156 | 4,184 | 124.4 | 37 | Jan 13, 2026 | J-GAAP |
| Nov, 2026 Guidance | 84,715 | 9,298 | 7,494 | 5,095 | 150.1 | 45 | Jan 13, 2026 | J-GAAP |
| YoY | +22.5% | +27.1% | +21.7% | +21.8% | +20.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Nov, 2024 | 15,223 | 1,006 | 801 | 471 | 14.1 | 6.6 | Jan 14, 2025 | J-GAAP |
| Dec - Feb, 2024 | 16,089 | 2,306 | 2,090 | 1,422 | 42.9 | 14.3 | Mar 31, 2025 | J-GAAP |
| Mar - May, 2025 | 17,633 | 1,711 | 1,459 | 1,009 | 30.3 | 9.7 | Jun 30, 2025 | J-GAAP |
| Jun - Aug, 2025 | 14,814 | 1,819 | 1,446 | 998 | 29.8 | 12.3 | Sep 30, 2025 | J-GAAP |
| Sep - Nov, 2025 | 20,622 | 1,478 | 1,161 | 755 | 22.5 | 7.2 | Jan 13, 2026 | J-GAAP |
| YoY | +35.5% | +46.9% | +44.9% | +60.3% | +59.2% |
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