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MK SEIKO, 43% Decrease in Ordinary Profit for The Current Fiscal Year, Increased Previous Year's Dividend by 2 yen, Plan to Continue the 10 yen Policy This Fiscal Year as Well

Fri Apr 25, 2025 3:30 pm JST Earnings

5906 MK SEIKO CO., LTD. 【J-GAAP】

Earnings Report

MK SEIKO CO., LTD. <5906> [TSE Std] announced its financial results after the market closed on April 25th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 decreased 6.3% from the previous period to 2.11 billion yen. In the fiscal year ending March 2026, the profit is expected to drop by 43.2% from the previous period to 1.2 billion yen.

At the same time, the company increased the annual dividend for the previous term from 8 yen to 10 yen (compared to 8 yen in the prior term), and has decided to continue with a dividend of 10 yen for the current term as well.

In the most recent three-month period, from January to March (4Q), the consolidated ordinary loss expanded to a loss of 0.23 billion yen (compared to a loss of 0.06 billion yen in the same period last year). The operating profit/loss margin drastically worsened from -1.1% in the same period last year to -5.2%.

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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 27,327 1,694 1,816 1,167 79.9 10 Apr 27, 2023 J-GAAP
Mar, 2024 28,474 2,127 2,253 713 48.7 8 Apr 26, 2024 J-GAAP
Mar, 2025 28,268 1,993 2,111 1,334 90.8 10 Apr 25, 2025 J-GAAP
YoY -0.7% -6.3% -6.3% +87.1% +86.5%

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 27,500 1,800 1,800 1,200 81.5 8 Oct 25, 2024 J-GAAP
Mar, 2025 Results 28,268 1,993 2,111 1,334 90.8 10 Apr 25, 2025 J-GAAP
Revision Rate +2.8% +10.7% +17.3% +11.2% +11.3%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 14,830 1,513 1,522 1,009 67.3 0 Oct 25, 2024 J-GAAP
Apr - Sep, 2025 Guidance 13,000 500 500 300 21.5 0 Apr 25, 2025 J-GAAP
YoY -12.3% -67.0% -67.1% -70.3% -68.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 28,474 2,127 2,253 713 48.7 8 Apr 26, 2024 J-GAAP
Mar, 2025 28,268 1,993 2,111 1,334 90.8 10 Apr 25, 2025 J-GAAP
Mar, 2026 Guidance 27,500 1,200 1,200 700 50.3 10 Apr 25, 2025 J-GAAP
YoY -2.7% -39.8% -43.2% -47.5% -44.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2024 5,872 -64 -62 -797 -54.4 -1.1 Apr 26, 2024 J-GAAP
Apr - Jun, 2024 7,040 731 768 515 35.1 10.4 Jul 26, 2024 J-GAAP
Jul - Sep, 2024 7,790 782 754 494 32.9 10.0 Oct 25, 2024 J-GAAP
Oct - Dec, 2024 8,124 757 828 570 38.8 9.3 Jan 30, 2025 J-GAAP
Jan - Mar, 2025 5,314 -277 -239 -245 -16.7 -5.2 Apr 25, 2025 J-GAAP
YoY -9.5% -332.8% -285.5% +69.3% +69.4%

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