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UP GARAGE, 22% Increase in Ordinary Profit, Update Record High for Ninth Consecutive Term, Increased Previous Year's Dividend by 3 yen, This Fiscal Year to Increase Dividend by 4 yen
7134 UP GARAGE GROUP Co., Ltd. 【J-GAAP】
Earnings ReportUP GARAGE GROUP Co., Ltd. <7134> [TSE Std] announced its financial results after the market closed on May 12th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 increased 11.1% from the previous period to 1.08 billion yen. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to grow by 22.3% to 1.32 billion yen, marking the ninth consecutive term of record-high profits. This will be the ninth consecutive term of revenue and profit growth.
At the same time, the company increased the annual dividend for the previous term from 29.5 yen to 32.5 yen (compared to 24.5 yen in the prior term), and has decided to increase the dividend this fiscal year to 36.5 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 grew 19.0% from the same period last year, reaching 0.3 billion yen. However, the operating profit margin remained almost flat, changing from 7.8% in the same period last year to 7.7%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 11,355 | 846 | 874 | 559 | 71.0 | 21 | May 15, 2023 | J-GAAP |
| Mar, 2024 | 12,557 | 964 | 975 | 639 | 81.0 | 24.50 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 13,981 | 1,044 | 1,083 | 785 | 99.4 | 32.50 | May 12, 2025 | J-GAAP |
| YoY | +11.3% | +8.3% | +11.1% | +22.8% | +22.7% |
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 | 13,500 | 1,100 | 1,112 | 711 | 89.9 | 29.50 | Nov 11, 2024 | J-GAAP |
| Mar, 2025 Results | 13,981 | 1,044 | 1,083 | 785 | 99.4 | 32.50 | May 12, 2025 | J-GAAP |
| Revision Rate | +3.6% | -5.1% | -2.6% | +10.4% | +10.6% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 6,395 | 319 | 352 | 241 | 30.5 | 0 | Nov 11, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 6,975 | 390 | 395 | 253 | 32.0 | 0 | May 12, 2025 | J-GAAP |
| YoY | +9.1% | +22.3% | +12.2% | +5.0% | +4.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 12,557 | 964 | 975 | 639 | 81.0 | 24.50 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 13,981 | 1,044 | 1,083 | 785 | 99.4 | 32.50 | May 12, 2025 | J-GAAP |
| Mar, 2026 Guidance | 15,500 | 1,315 | 1,325 | 851 | 107.5 | 36.50 | May 12, 2025 | J-GAAP |
| YoY | +10.9% | +26.0% | +22.3% | +8.4% | +8.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 3,436 | 268 | 258 | 160 | 20.3 | 7.8 | May 13, 2024 | J-GAAP |
| Apr - Jun, 2024 | 3,280 | 190 | 205 | 138 | 17.5 | 5.8 | Aug 13, 2024 | J-GAAP |
| Jul - Sep, 2024 | 3,115 | 129 | 147 | 103 | 13.0 | 4.1 | Nov 11, 2024 | J-GAAP |
| Oct - Dec, 2024 | 4,017 | 449 | 424 | 275 | 34.8 | 11.2 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 3,569 | 276 | 307 | 269 | 34.1 | 7.7 | May 12, 2025 | J-GAAP |
| YoY | +3.9% | +3.0% | +19.0% | +68.1% | +68.0% |
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