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GS Yuasa, 6% 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 5 yen
6674 GS Yuasa Corporation 【J-GAAP】
Earnings ReportGS Yuasa Corporation <6674> [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 increased 5.4% from the previous period to 46.3 billion yen. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to grow by 5.7% to 49 billion yen, marking the third consecutive term of record-high profits. This will be the fifth 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 70 yen to 75 yen (compared to 70 yen in the prior term), and has decided to increase the dividend this fiscal year to 80 yen, an increase of 5 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit grew 17.3% from the same period last year, reaching 17.6 billion yen. The operating profit margin significantly improved from 8.1% in the same period last year to 11.9%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 517,735 | 31,500 | 24,213 | 13,925 | 173.1 | 50 | May 11, 2023 | J-GAAP |
| Mar, 2024 | 562,897 | 41,595 | 43,981 | 32,064 | 369.7 | 70 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 580,340 | 50,028 | 46,345 | 30,416 | 303.3 | 75 | May 13, 2025 | J-GAAP |
| YoY | +3.1% | +20.3% | +5.4% | -5.1% | -18.0% |
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 | 590,000 | 47,000 | 44,000 | 27,000 | 269.2 | 70 | Feb 5, 2025 | J-GAAP |
| Mar, 2025 Results | 580,340 | 50,028 | 46,345 | 30,416 | 303.3 | 75 | May 13, 2025 | J-GAAP |
| Revision Rate | -1.6% | +6.4% | +5.3% | +12.7% | +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 | 264,505 | 15,722 | 14,479 | 9,409 | 93.8 | 20 | Nov 6, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 280,000 | 16,500 | 16,000 | 10,500 | 104.7 | 30 | May 13, 2025 | J-GAAP |
| YoY | +5.9% | +4.9% | +10.5% | +11.6% | +11.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 562,897 | 41,595 | 43,981 | 32,064 | 369.7 | 70 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 580,340 | 50,028 | 46,345 | 30,416 | 303.3 | 75 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 600,000 | 51,000 | 49,000 | 33,000 | 329.0 | 80 | May 13, 2025 | J-GAAP |
| YoY | +3.4% | +1.9% | +5.7% | +8.5% | +8.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 151,306 | 12,216 | 15,023 | 14,323 | 165.2 | 8.1 | May 10, 2024 | J-GAAP |
| Apr - Jun, 2024 | 127,583 | 6,184 | 6,686 | 4,785 | 47.7 | 4.8 | Aug 5, 2024 | J-GAAP |
| Jul - Sep, 2024 | 136,922 | 9,538 | 7,793 | 4,624 | 46.1 | 7.0 | Nov 6, 2024 | J-GAAP |
| Oct - Dec, 2024 | 162,310 | 16,053 | 14,241 | 8,985 | 89.6 | 9.9 | Feb 5, 2025 | J-GAAP |
| Jan - Mar, 2025 | 153,525 | 18,253 | 17,625 | 12,022 | 119.9 | 11.9 | May 13, 2025 | J-GAAP |
| YoY | +1.5% | +49.4% | +17.3% | -16.1% | -27.4% |
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