kabutan

Shimadzu, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 24%, Dividend Revised Upward by 1 Yen

Fri Nov 7, 2025 3:30 pm JST Earnings

7701 Shimadzu Corporation 【J-GAAP】

Earnings Report

Shimadzu Corporation <7701> [TSE Prime] announced its financial results after the market closed on November 7th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 10.4% from the same period last year, reaching 31.3 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 24.1%, from the previous forecast of 58.0 billion yen to 72.0 billion yen (compared to 72.0 billion yen in the previous period), and the declining rate is expected to decrease from 19.5% to 0.02%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to decrease 6.8% from the same period last year to 40.6 billion yen.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 66 yen to 67 yen (compared to 66 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased 36.1% from the same period last year, reaching 20.0 billion yen. However, the operating profit margin decreased from 14.3% in the same period last year to 14.1%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 239,514 32,505 35,851 26,550 90.1 46.6 Nov 7, 2023 J-GAAP
Apr - Sep, 2024 251,247 30,221 28,408 21,316 72.4 39.4 Nov 7, 2024 J-GAAP
Apr - Sep, 2025 256,342 31,580 31,349 23,630 81.8 43.5 Nov 7, 2025 J-GAAP
YoY +2.0% +4.5% +10.4% +10.9% +13.0%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance ー ー ー ー － 26 May 12, 2025 J-GAAP
Apr - Sep, 2025 Results 256,342 31,580 31,349 23,630 81.8 27 Nov 7, 2025 J-GAAP
Revision Rate － － － － －

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 515,000 58,000 58,000 45,000 155.7 66 May 12, 2025 J-GAAP
Mar, 2026 New 545,000 72,000 72,000 54,000 186.9 67 Nov 7, 2025 J-GAAP
Revision Rate +5.8% +24.1% +24.1% +20.0% +20.0%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 287,800 41,499 43,610 32,460 110.8 40 May 12, 2025 J-GAAP
Oct - Mar, 2025 Guidance 288,658 40,420 40,651 30,370 105.1 40 Nov 7, 2025 J-GAAP
YoY +0.3% -2.6% -6.8% -6.4% -5.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 511,895 72,753 76,895 57,037 193.5 60 May 10, 2024 J-GAAP
Mar, 2025 539,047 71,720 72,018 53,776 183.6 66 May 12, 2025 J-GAAP
Mar, 2026 Guidance 545,000 72,000 72,000 54,000 186.9 67 Nov 7, 2025 J-GAAP
YoY +1.1% +0.4% 0.0% +0.4% +1.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 134,309 19,260 14,714 11,329 38.5 14.3 Nov 7, 2024 J-GAAP
Oct - Dec, 2024 133,049 16,824 20,750 14,827 50.4 12.6 Feb 5, 2025 J-GAAP
Jan - Mar, 2025 154,751 24,675 22,860 17,633 60.2 15.9 May 12, 2025 J-GAAP
Apr - Jun, 2025 118,370 12,184 11,323 7,921 27.4 10.3 Aug 7, 2025 J-GAAP
Jul - Sep, 2025 137,972 19,396 20,026 15,709 54.4 14.1 Nov 7, 2025 J-GAAP
YoY +2.7% +0.7% +36.1% +38.7% +41.3%

Related Articles