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JAPAN ELECTRONIC MATERIALS, 21% Decrease in Ordinary Profit for The Current Fiscal Year
6855 JAPAN ELECTRONIC MATERIALS CORPORATION 【J-GAAP】
Earnings ReportJAPAN ELECTRONIC MATERIALS CORPORATION <6855> [TSE Std] announced its financial results after the market closed on May 14th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 expanded 4.6 times that of the previous period to 4.64 billion yen. However, for the fiscal year ending March 2026, the consolidated ordinary profit is expected to decrease by 21.3% from the previous period to 3.65 billion yen.
At the same time, the company increased the annual dividend for the previous term from 55 yen to 70 yen (compared to 40 yen in the prior term). For the current term, the company plans to remove the commemorative dividend of the previous term and set the dividend for this term at an ordinary dividend of 50 yen.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit increased 84.2% from the same period last year, reaching 1.7 billion yen. The operating profit margin rose from 15.5% in the same period last year to 19.3%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 20,781 | 3,205 | 3,338 | 2,612 | 207.3 | 40 | May 15, 2023 | J-GAAP |
| Mar, 2024 | 17,461 | 870 | 1,007 | 622 | 49.3 | 40 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 23,829 | 4,585 | 4,640 | 3,454 | 273.5 | 70 | May 14, 2025 | J-GAAP |
| YoY | +36.5% | +427.0% | +360.8% | +455.3% | +454.6% |
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 | 20,600 | 3,600 | 3,400 | 2,400 | 190.0 | 55 | Sep 25, 2024 | J-GAAP |
| Mar, 2025 Results | 23,829 | 4,585 | 4,640 | 3,454 | 273.5 | 70 | May 14, 2025 | J-GAAP |
| Revision Rate | +15.7% | +27.4% | +36.5% | +43.9% | +44.0% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 9,841 | 2,050 | 1,995 | 1,347 | 106.7 | 30 | Nov 8, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 12,200 | 1,650 | 1,600 | 1,000 | 79.1 | 25 | May 14, 2025 | J-GAAP |
| YoY | +24.0% | -19.5% | -19.8% | -25.8% | -25.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 17,461 | 870 | 1,007 | 622 | 49.3 | 40 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 23,829 | 4,585 | 4,640 | 3,454 | 273.5 | 70 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 25,500 | 3,750 | 3,650 | 2,500 | 197.6 | 50 | May 14, 2025 | J-GAAP |
| YoY | +7.0% | -18.2% | -21.3% | -27.6% | -27.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 5,453 | 847 | 924 | 650 | 51.5 | 15.5 | May 14, 2024 | J-GAAP |
| Apr - Jun, 2024 | 4,992 | 1,180 | 1,264 | 868 | 68.8 | 23.6 | Aug 7, 2024 | J-GAAP |
| Jul - Sep, 2024 | 4,849 | 870 | 731 | 479 | 38.0 | 17.9 | Nov 8, 2024 | J-GAAP |
| Oct - Dec, 2024 | 4,897 | 782 | 943 | 705 | 55.8 | 16.0 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 9,091 | 1,753 | 1,702 | 1,402 | 111.0 | 19.3 | May 14, 2025 | J-GAAP |
| YoY | +66.7% | +107.0% | +84.2% | +115.7% | +115.4% |
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