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HIGASHI TWENTY ONE, 6% Increase in Ordinary Profit, Update Record High for Ninth Consecutive Term, Increased Previous Year's Dividend by 4 yen, This Fiscal Year to Increase Dividend by 4 yen
9029 HIGASHI HOLDINGS CO.,LTD. 【J-GAAP】
Earnings ReportHIGASHI HOLDINGS CO.,LTD. <9029> [TSE Std] announced its financial results after the market closed on May 9th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 increased 27.1% from the previous period to 2.93 billion yen. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to grow by 5.6% to 3.1 billion yen, marking the ninth consecutive term of record-high profits. This will be the fifth consecutive term of revenue and the ninth consecutive term of profit growth.
At the same time, the company increased the annual dividend for the previous term from 38 yen to 42 yen (compared to 36 yen in the prior term), and has decided to increase the dividend this fiscal year to 46 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 increased 66.4% from the same period last year, reaching 0.87 billion yen. The operating profit margin improved from 4.6% in the same period last year to 5.8%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 34,807 | 1,908 | 2,026 | 1,268 | 96.8 | 30 | May 12, 2023 | J-GAAP |
| Mar, 2024 | 40,635 | 2,190 | 2,309 | 1,506 | 114.5 | 36 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 48,126 | 2,739 | 2,935 | 1,805 | 136.8 | 42 | May 9, 2025 | J-GAAP |
| YoY | +18.4% | +25.1% | +27.1% | +19.9% | +19.5% |
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 | 42,500 | 2,450 | 2,600 | 1,640 | 125.9 | 38 | May 10, 2024 | J-GAAP |
| Mar, 2025 Results | 48,126 | 2,739 | 2,935 | 1,805 | 136.8 | 42 | May 9, 2025 | J-GAAP |
| Revision Rate | +13.2% | +11.8% | +12.9% | +10.1% | +8.6% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 21,976 | 1,104 | 1,167 | 689 | 52.2 | 0 | Oct 25, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 24,500 | 1,427 | 1,490 | 960 | 73.4 | 0 | May 9, 2025 | J-GAAP |
| YoY | +11.5% | +29.3% | +27.7% | +39.3% | +40.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 40,635 | 2,190 | 2,309 | 1,506 | 114.5 | 36 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 48,126 | 2,739 | 2,935 | 1,805 | 136.8 | 42 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 51,000 | 2,956 | 3,100 | 2,000 | 153.0 | 46 | May 9, 2025 | J-GAAP |
| YoY | +6.0% | +7.9% | +5.6% | +10.8% | +11.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 11,098 | 505 | 524 | 379 | 28.8 | 4.6 | May 10, 2024 | J-GAAP |
| Apr - Jun, 2024 | 11,040 | 536 | 567 | 302 | 23.0 | 4.9 | Jul 26, 2024 | J-GAAP |
| Jul - Sep, 2024 | 10,936 | 568 | 600 | 387 | 29.3 | 5.2 | Oct 25, 2024 | J-GAAP |
| Oct - Dec, 2024 | 12,711 | 853 | 896 | 607 | 46.0 | 6.7 | Jan 24, 2025 | J-GAAP |
| Jan - Mar, 2025 | 13,439 | 782 | 872 | 509 | 38.6 | 5.8 | May 9, 2025 | J-GAAP |
| YoY | +21.1% | +54.9% | +66.4% | +34.3% | +33.9% |
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