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Moriya Transportation Engineering, 3% Increase in Ordinary Profit, Update Record High for Third Consecutive Term, Increased Previous Year's Dividend by 5 yen, This Fiscal Year to Increase Dividend by 4 yen
6226 Moriya Transportation Engineering and Manufacturing Co.,Ltd. 【J-GAAP】
Earnings ReportMoriya Transportation Engineering and Manufacturing Co.,Ltd. <6226> [TSE Std] announced its financial results after the market closed on May 12th (15:30). The ordinary profit (non-consolidated) for the fiscal year ending March 2025 expanded 59.7% from the previous period to 4.19 billion yen. For the fiscal year ending March 2026, the ordinary profit is expected to grow by 3.1% to 4.33 billion yen, marking the third consecutive term of record-high profits. This will be the eighth consecutive term of revenue and the third consecutive term of profit growth.
At the same time, the company increased the annual dividend for the previous term from 33 yen to 38 yen (compared to 20 yen in the prior term), and has decided to increase the dividend this fiscal year to 42 yen, an increase of 4 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the ordinary profit increased 59.3% from the same period last year, reaching 1.41 billion yen. The operating profit margin jumped from 18.1% in the same period last year to 25.3%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 15,416 | 777 | 791 | 641 | 37.0 | 15 | May 12, 2023 | J-GAAP |
| Mar, 2024 | 17,527 | 2,593 | 2,629 | 1,718 | 98.4 | 20 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 19,435 | 4,092 | 4,198 | 2,840 | 162.1 | 38 | May 12, 2025 | J-GAAP |
| YoY | +10.9% | +57.8% | +59.7% | +65.3% | +64.7% |
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 | 19,620 | 3,650 | 3,750 | 2,530 | 143.9 | 33 | Nov 6, 2024 | J-GAAP |
| Mar, 2025 Results | 19,435 | 4,092 | 4,198 | 2,840 | 162.1 | 38 | May 12, 2025 | J-GAAP |
| Revision Rate | -0.9% | +12.1% | +11.9% | +12.3% | +12.7% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 9,125 | 1,745 | 1,818 | 1,227 | 70.1 | 10 | Nov 11, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 11,076 | 1,900 | 1,940 | 1,308 | 74.2 | 18 | May 12, 2025 | J-GAAP |
| YoY | +21.4% | +8.9% | +6.7% | +6.6% | +5.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 17,527 | 2,593 | 2,629 | 1,718 | 98.4 | 20 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 19,435 | 4,092 | 4,198 | 2,840 | 162.1 | 38 | May 12, 2025 | J-GAAP |
| Mar, 2026 Guidance | 22,700 | 4,250 | 4,330 | 2,920 | 165.7 | 42 | May 12, 2025 | J-GAAP |
| YoY | +16.8% | +3.9% | +3.1% | +2.8% | +2.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 4,875 | 884 | 889 | 587 | 33.6 | 18.1 | May 10, 2024 | J-GAAP |
| Apr - Jun, 2024 | 4,433 | 829 | 862 | 582 | 33.3 | 18.7 | Aug 8, 2024 | J-GAAP |
| Jul - Sep, 2024 | 4,692 | 916 | 956 | 645 | 36.8 | 19.5 | Nov 11, 2024 | J-GAAP |
| Oct - Dec, 2024 | 4,789 | 952 | 964 | 650 | 37.1 | 19.9 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 5,521 | 1,395 | 1,416 | 963 | 55.0 | 25.3 | May 12, 2025 | J-GAAP |
| YoY | +13.3% | +57.8% | +59.3% | +64.1% | +63.5% |
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