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Japan Eyewear, 0.2% Increase in Net Income, Update Record High for Fifth Consecutive Term, Increased Previous Year's Dividend by 10 yen, This Fiscal Year to Increase Dividend by 18 yen

Thu Mar 13, 2025 3:30 pm JST Earnings

5889 Japan Eyewear Holdings Co., Ltd. 【IFRS】

Earnings Report

Japan Eyewear Holdings Co., Ltd. <5889> [TSE Std] announced its financial results (based on IFRS) after the market closed on March 13th (15:30). The consolidated net income for the fiscal year ending January 2025 expanded 80.2% from the previous period to 3.99 billion yen, exceeding the previous forecast of 3.35 billion yen. In the fiscal year ending January 2026, the profit is nearly flat with a slight increase of 0.2% to 4 billion yen, marking the fifth consecutive term of record-high profits.

At the same time, the company increased the annual dividend for the previous term from 56 yen to 66 yen (compared to 19 yen in the prior term), and has decided to increase the dividend this fiscal year to 84 yen, an increase of 18 yen from the previous fiscal year.

In the most recent three-month period, from November to January (4Q), the consolidated net income increased 92.3% from the same period last year, reaching 1.57 billion yen. The operating profit margin rose from 26.6% in the same period last year to 30.7%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan, 2024 13,528 3,700 3,295 2,217 110.1 19 Mar 13, 2024 IFRS
Jan, 2025 16,666 5,328 4,912 3,994 166.4 66 Mar 13, 2025 IFRS
YoY +23.2% +44.0% +49.1% +80.2% +51.2%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan, 2025 Guidance 16,500 5,330 4,910 3,350 139.6 56 Feb 10, 2025 IFRS
Jan, 2025 Results 16,666 5,328 4,912 3,994 166.4 66 Mar 13, 2025 IFRS
Revision Rate +1.0% 0.0% +0.0% +19.2% +19.2%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb - Jul, 2024 8,300 2,754 2,482 1,677 70.0 22 Sep 12, 2024 IFRS
Feb - Jul, 2025 Guidance 42 Mar 13, 2025 IFRS
YoY

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan, 2024 13,528 3,700 3,295 2,217 110.1 19 Mar 13, 2024 IFRS
Jan, 2025 16,666 5,328 4,912 3,994 166.4 66 Mar 13, 2025 IFRS
Jan, 2026 Guidance 19,050 6,200 5,900 4,000 165.8 84 Mar 13, 2025 IFRS
YoY +14.3% +16.4% +20.1% +0.2% -0.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Nov - Jan, 2023 3,839 1,020 930 817 40.6 26.6 Mar 13, 2024 IFRS
Feb - Apr, 2024 3,861 1,195 1,102 736 30.8 31.0 Jun 13, 2024 IFRS
May - Jul, 2024 4,439 1,559 1,380 941 39.3 35.1 Sep 12, 2024 IFRS
Aug - Oct, 2024 3,795 1,169 1,097 746 31.1 30.8 Dec 12, 2024 IFRS
Nov - Jan, 2024 4,571 1,405 1,333 1,571 65.5 30.7 Mar 13, 2025 IFRS
YoY +19.1% +37.7% +43.3% +92.3% +61.4%

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