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Yodogawa Steel Works, 25% Decrease in Ordinary Profit for The Current Fiscal Year, Despite Last Fiscal Year's Dividend Increase, This Fiscal Year to Decrease Dividend

Fri May 9, 2025 11:00 am JST Earnings

5451 Yodogawa Steel Works,Ltd. 【J-GAAP】

Earnings Report

Yodogawa Steel Works,Ltd. <5451> [TSE Prime] announced its financial results in the morning on May 9th (11:00). The consolidated ordinary profit for the fiscal year ending March 2025 expanded 41.8% from the previous period to 21.5 billion yen. However, for the fiscal year ending March 2026, the consolidated ordinary profit is expected to decrease by 25.3% from the previous period to 16.1 billion yen.

At the same time, the company increased the annual dividend for the previous term from 333 yen to 351 yen (compared to 200 yen in the prior term), and the annual dividend for this fiscal year is 54 yen, taking into account the forward stock split scheduled to be allocated on June 30, this dividend represents an actual reduce of 23.1%.

In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit grew 29.5% from the same period last year, reaching 4.21 billion yen. However, the operating profit margin worsened from 6.1% in the same period last year to 5.4%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 220,314 12,665 17,686 10,593 73.4 22.20 May 10, 2023 J-GAAP
Mar, 2024 203,957 12,017 15,202 4,456 30.9 40 May 10, 2024 J-GAAP
Mar, 2025 208,460 13,889 21,551 13,499 93.4 70.20 May 9, 2025 J-GAAP
YoY +2.2% +15.6% +41.8% +202.9% +202.7%

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 209,000 13,100 20,600 12,800 88.5 66.60 Feb 7, 2025 J-GAAP
Mar, 2025 Results 208,460 13,889 21,551 13,499 93.4 70.20 May 9, 2025 J-GAAP
Revision Rate -0.3% +6.0% +4.6% +5.5% +5.5%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 105,324 7,812 9,171 5,791 40.1 20 Nov 6, 2024 J-GAAP
Apr - Sep, 2025 Guidance 102,000 5,900 7,400 4,600 31.8 20 May 9, 2025 J-GAAP
YoY -3.2% -24.5% -19.3% -20.6% -20.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 203,957 12,017 15,202 4,456 30.9 40 May 10, 2024 J-GAAP
Mar, 2025 208,460 13,889 21,551 13,499 93.4 70.20 May 9, 2025 J-GAAP
Mar, 2026 Guidance 203,000 11,400 16,100 10,400 71.9 54 May 9, 2025 J-GAAP
YoY -2.6% -17.9% -25.3% -23.0% -23.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2024 50,492 3,078 3,254 -3,295 -22.8 6.1 May 10, 2024 J-GAAP
Apr - Jun, 2024 52,595 4,061 5,120 3,210 22.2 7.7 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 52,729 3,751 4,051 2,581 17.9 7.1 Nov 6, 2024 J-GAAP
Oct - Dec, 2024 51,418 3,302 8,167 5,512 38.1 6.4 Feb 7, 2025 J-GAAP
Jan - Mar, 2025 51,718 2,775 4,213 2,196 15.2 5.4 May 9, 2025 J-GAAP
YoY +2.4% -9.8% +29.5% － －

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