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GLORY, 31% Decrease in Ordinary Profit for The Current Fiscal Year, Dividend Raised by 4 yen
6457 GLORY LTD. 【J-GAAP】
Earnings ReportGLORY LTD. <6457> [TSE Prime] announced its financial results in the afternoon session on May 13th (15:00). The consolidated ordinary profit for the fiscal year ending March 2025 decreased 41.1% from the previous period to 28.4 billion yen. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to drop by 31.4% from the previous period to 19.5 billion yen.
At the same time, the company has decided to increase the dividend this fiscal year to 112 yen, an increase of 4 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit significantly dropped to 5.95 billion yen, a 59.0% decrease compared to the same period last year. The operating profit margin sharply declined from 14.0% in the same period last year to 6.6%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 255,857 | 522 | -2,720 | -9,538 | -167.0 | 68 | May 11, 2023 | J-GAAP |
| Mar, 2024 | 372,478 | 51,110 | 48,272 | 29,590 | 532.1 | 106 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 369,017 | 35,173 | 28,414 | 16,053 | 287.8 | 108 | May 13, 2025 | J-GAAP |
| YoY | -0.9% | -31.2% | -41.1% | -45.7% | -45.9% |
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 | 370,000 | 32,000 | 24,500 | 13,500 | 233.6 | 108 | Feb 6, 2025 | J-GAAP |
| Mar, 2025 Results | 369,017 | 35,173 | 28,414 | 16,053 | 287.8 | 108 | May 13, 2025 | J-GAAP |
| Revision Rate | -0.3% | +9.9% | +16.0% | +18.9% | +23.2% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 185,098 | 19,682 | 14,928 | 7,869 | 141.2 | 54 | Nov 7, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 156,000 | 5,800 | 4,800 | 1,600 | 28.6 | 56 | May 13, 2025 | J-GAAP |
| YoY | -15.7% | -70.5% | -67.8% | -79.7% | -79.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 372,478 | 51,110 | 48,272 | 29,590 | 532.1 | 106 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 369,017 | 35,173 | 28,414 | 16,053 | 287.8 | 108 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 340,000 | 21,500 | 19,500 | 10,000 | 181.0 | 112 | May 13, 2025 | J-GAAP |
| YoY | -7.9% | -38.9% | -31.4% | -37.7% | -37.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 112,772 | 15,775 | 14,523 | 8,684 | 156.2 | 14.0 | May 10, 2024 | J-GAAP |
| Apr - Jun, 2024 | 92,775 | 10,873 | 9,600 | 6,021 | 108.1 | 11.7 | Aug 6, 2024 | J-GAAP |
| Jul - Sep, 2024 | 92,323 | 8,809 | 5,328 | 1,848 | 33.2 | 9.5 | Nov 7, 2024 | J-GAAP |
| Oct - Dec, 2024 | 94,935 | 9,661 | 7,532 | 4,708 | 84.4 | 10.2 | Feb 6, 2025 | J-GAAP |
| Jan - Mar, 2025 | 88,984 | 5,830 | 5,954 | 3,476 | 62.3 | 6.6 | May 13, 2025 | J-GAAP |
| YoY | -21.1% | -63.0% | -59.0% | -60.0% | -60.1% |
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