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Shinnihonseiyaku, 3% Increase in Ordinary Profit, Update Record High for Tenth Consecutive Term, Dividend Raised by 5 Yen
4931 Shinnihonseiyaku Co., Ltd. 【J-GAAP】
Earnings ReportShinnihonseiyaku Co., Ltd. <4931> [TSE Prime] announced its financial results after the market closed on November 11th (15:30). The consolidated ordinary profit for the fiscal year ended September 2025 increased by 19.1% from the previous period to 4.88 billion yen. For the fiscal year ending September 2026, the consolidated ordinary profit is expected to grow by 2.7% to 5.02 billion yen, marking the tenth consecutive term of record-high profits. This will be the ninth consecutive term of revenue and profit growth.
At the same time, the company has decided to increase the dividend this fiscal year to 57 yen, an increase of 5 yen from the previous fiscal year.
In the most recent three-month period, from July to September (4Q), the consolidated ordinary profit grew 8.3% from the same period last year, reaching 0.96 billion yen. However, the operating profit margin worsened from 9.1% in the same period last year to 8.6%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep, 2023 | 37,653 | 3,754 | 3,721 | 2,394 | 111.4 | 33 | Nov 7, 2023 | J-GAAP |
| Sep, 2024 | 40,043 | 4,176 | 4,103 | 2,795 | 129.7 | 45 | Nov 12, 2024 | J-GAAP |
| Sep, 2025 | 41,140 | 4,782 | 4,887 | 2,554 | 120.5 | 52 | Nov 11, 2025 | J-GAAP |
| YoY | +2.7% | +14.5% | +19.1% | -8.6% | -7.1% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep, 2025 Guidance | 42,000 | 4,500 | 4,520 | 3,100 | 146.7 | 52 | Nov 12, 2024 | J-GAAP |
| Sep, 2025 Results | 41,140 | 4,782 | 4,887 | 2,554 | 120.5 | 52 | Nov 11, 2025 | J-GAAP |
| Revision Rate | -2.0% | +6.3% | +8.1% | -17.6% | -17.9% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 20,282 | 2,533 | 2,540 | 935 | 44.0 | 0 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 21,580 | 2,540 | 2,550 | 1,730 | 81.8 | 0 | Nov 11, 2025 | J-GAAP |
| YoY | +6.4% | +0.3% | +0.4% | +85.0% | +85.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep, 2024 | 40,043 | 4,176 | 4,103 | 2,795 | 129.7 | 45 | Nov 12, 2024 | J-GAAP |
| Sep, 2025 | 41,140 | 4,782 | 4,887 | 2,554 | 120.5 | 52 | Nov 11, 2025 | J-GAAP |
| Sep, 2026 Guidance | 45,000 | 5,000 | 5,020 | 3,400 | 160.8 | 57 | Nov 11, 2025 | J-GAAP |
| YoY | +9.4% | +4.6% | +2.7% | +33.1% | +33.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 10,437 | 946 | 892 | 626 | 29.1 | 9.1 | Nov 12, 2024 | J-GAAP |
| Oct - Dec, 2024 | 10,471 | 1,529 | 1,553 | 1,036 | 48.6 | 14.6 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 9,811 | 1,004 | 987 | -101 | -4.8 | 10.2 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 10,451 | 1,355 | 1,381 | 945 | 44.6 | 13.0 | Aug 5, 2025 | J-GAAP |
| Jul - Sep, 2025 | 10,407 | 894 | 966 | 674 | 31.8 | 8.6 | Nov 11, 2025 | J-GAAP |
| YoY | -0.3% | -5.5% | +8.3% | +7.7% | +9.4% |
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