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KOITO MANUFACTURING, Ordinary Profit Forecast for the Fiscal Year Revised Downward by 5%
7276 KOITO MANUFACTURING CO.,LTD. 【J-GAAP】
Earnings ReportKOITO MANUFACTURING CO.,LTD. <7276> [TSE Prime] announced its financial results in the afternoon session on July 29th (15:00). The consolidated ordinary profit for the first quarter of the fiscal year ending March 2026 (April to June) increased 6.0% from the same period last year, reaching 12.6 billion yen.
However, the full-year forecast for consolidated ordinary profit has decreased 4.7%, from the previous forecast of 43.0 billion yen to 41.0 billion yen (compared to 49.1 billion yen in the previous period), leading to an increase in the profit decline rate from 12.5% to 16.6%. However, the full-year forecast for consolidated net income has been revised upward 2.3%, from the previous forecast of 22.0 billion yen to 22.5 billion yen (compared to 46.2 billion yen in the previous period), and the declining rate is expected to decrease from 52.4% to 51.3%.
However, the April to September period (first half) consolidated ordinary profit has been revised upward 6.5%, from the previous forecast of 15.5 billion yen to 16.5 billion yen (compared to 19.8 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 22.0% to 17.0%.
In the most recent three-month period, from April to June (1Q), the operating profit margin improved from 3.9% in the same period last year to 5.4%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2023 | 225,995 | 14,741 | 17,941 | 14,585 | 45.6 | 48.6 | Jul 26, 2023 | J-GAAP |
| Apr - Jun, 2024 | 229,772 | 9,045 | 11,886 | 7,296 | 23.9 | 59.8 | Jul 29, 2024 | J-GAAP |
| Apr - Jun, 2025 | 219,725 | 11,907 | 12,605 | 10,120 | 35.7 | 76.4 | Jul 29, 2025 | J-GAAP |
| YoY | -4.4% | +31.6% | +6.0% | +38.7% | +49.6% |
Guidance Update
First Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 Prev | 417,300 | 12,600 | 15,500 | 6,500 | 23.3 | 28 | Apr 24, 2025 | J-GAAP |
| Apr - Sep, 2025 New | 429,000 | 15,000 | 16,500 | 8,500 | 30.5 | 28 | Jul 29, 2025 | J-GAAP |
| Revision Rate | +2.8% | +19.0% | +6.5% | +30.8% | +30.8% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 868,000 | 37,000 | 43,000 | 22,000 | 82.3 | 56 | Apr 24, 2025 | J-GAAP |
| Mar, 2026 New | 880,000 | 36,000 | 41,000 | 22,500 | 84.1 | 56 | Jul 29, 2025 | J-GAAP |
| Revision Rate | +1.4% | -2.7% | -4.7% | +2.3% | +2.3% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 444,073 | 18,067 | 19,871 | 11,282 | 37.3 | 28 | Oct 29, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 429,000 | 15,000 | 16,500 | 8,500 | 30.5 | 28 | Jul 29, 2025 | J-GAAP |
| YoY | -3.4% | -17.0% | -17.0% | -24.7% | -18.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 950,295 | 55,995 | 63,265 | 40,879 | 130.9 | 53 | Apr 25, 2024 | J-GAAP |
| Mar, 2025 | 916,709 | 44,873 | 49,147 | 46,240 | 156.5 | 56 | Apr 24, 2025 | J-GAAP |
| Mar, 2026 Guidance | 880,000 | 36,000 | 41,000 | 22,500 | 84.1 | 56 | Jul 29, 2025 | J-GAAP |
| YoY | -4.0% | -19.8% | -16.6% | -51.3% | -46.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2024 | 229,772 | 9,045 | 11,886 | 7,296 | 23.9 | 3.9 | Jul 29, 2024 | J-GAAP |
| Jul - Sep, 2024 | 214,301 | 9,022 | 7,985 | 3,986 | 13.2 | 4.2 | Oct 29, 2024 | J-GAAP |
| Oct - Dec, 2024 | 231,098 | 12,065 | 14,347 | 17,936 | 60.0 | 5.2 | Jan 30, 2025 | J-GAAP |
| Jan - Mar, 2025 | 241,538 | 14,741 | 14,929 | 17,022 | 57.6 | 6.1 | Apr 24, 2025 | J-GAAP |
| Apr - Jun, 2025 | 219,725 | 11,907 | 12,605 | 10,120 | 35.7 | 5.4 | Jul 29, 2025 | J-GAAP |
| YoY | -4.4% | +31.6% | +6.0% | +38.7% | +49.6% |
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