kabutan

Shinko Wire, First Half Ordinary Profit Decreases by 49%, Increased First Half Dividend by 15 Yen

Mon Nov 10, 2025 3:00 pm JST Earnings

5660 Shinko Wire Company, Ltd. 【J-GAAP】

Earnings Report

Shinko Wire Company, Ltd. <5660> [TSE Std] announced its financial results in the afternoon session on November 10th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) dropped 49.4% from the same period last year to 347 million yen. Progress toward the full-year plan of 950 million yen was 36.5%, also falling below the five-year average of 42.8%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to grow 9.8% from the same period last year, reaching 603 million yen.

At the same time, the company increased the dividend for the first half from 10 yen to 25 yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 307 million yen, a 7.5% decrease compared to the same period last year. The operating profit margin remained almost flat, changing from 3.9% in the same period last year to 3.6%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 15,892 528 572 451 76.4 53.7 Nov 8, 2023 J-GAAP
Apr - Sep, 2024 16,942 642 686 512 86.8 55.5 Nov 7, 2024 J-GAAP
Apr - Sep, 2025 16,539 319 347 430 72.9 36.5 Nov 10, 2025 J-GAAP
YoY -2.4% -50.3% -49.4% -16.0% -16.0%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance 17,370 50 50 170 28.8 10 Aug 7, 2025 J-GAAP
Apr - Sep, 2025 Results 16,539 319 347 430 72.9 25 Nov 10, 2025 J-GAAP
Revision Rate -4.8% +538.0% +594.0% +152.9% +153.3%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 36,600 950 950 800 135.4 45 May 12, 2025 J-GAAP
Mar, 2026 New 35,000 950 950 800 135.4 45 Nov 10, 2025 J-GAAP
Revision Rate -4.4% 0.0% 0.0% 0.0% 0.0%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 17,351 525 549 522 88.4 30 May 12, 2025 J-GAAP
Oct - Mar, 2025 Guidance 18,461 631 603 370 62.6 20 Nov 10, 2025 J-GAAP
YoY +6.4% +20.2% +9.8% -29.1% -29.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 32,726 1,023 1,066 906 153.3 50 May 9, 2024 J-GAAP
Mar, 2025 34,293 1,167 1,235 1,034 175.0 60 May 12, 2025 J-GAAP
Mar, 2026 Guidance 35,000 950 950 800 135.4 45 Nov 10, 2025 J-GAAP
YoY +2.1% -18.6% -23.1% -22.6% -22.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 8,618 334 332 339 57.5 3.9 Nov 7, 2024 J-GAAP
Oct - Dec, 2024 8,603 390 414 337 57.1 4.5 Feb 7, 2025 J-GAAP
Jan - Mar, 2025 8,748 135 135 185 31.3 1.5 May 12, 2025 J-GAAP
Apr - Jun, 2025 7,809 4 40 166 28.2 0.1 Aug 7, 2025 J-GAAP
Jul - Sep, 2025 8,730 315 307 264 44.7 3.6 Nov 10, 2025 J-GAAP
YoY +1.3% -5.7% -7.5% -22.1% -22.1%

Related Articles