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Tokyo Kaikan, Oct-Dec (3Q) Ordinary Profit Increases by 27%, Current Fiscal Year Dividend Revised Upward by 15 Yen
9701 Tokyo Kaikan Co.,Ltd. 【J-GAAP】
Earnings ReportTokyo Kaikan Co.,Ltd. <9701> [TSE Std] announced its financial results in the afternoon session on January 23rd (14:00). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 22.5% from the same period last year, reaching 1.14 billion yen. Progress toward the full-year plan of 1.33 billion yen was 86.3%, also surpassing the five-year average of 70.1%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the January to March period (4Q) is expected to drop 41.1% from the same period last year to 0.18 billion yen.
At the same time, the company has significantly increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 30 yen to 45 yen (compared to 30 yen in the previous period).
In the most recent three-month period, from October to December (3Q), the ordinary profit grew 27.3% from the same period last year, reaching 0.76 billion yen. The operating profit margin rose from 13.8% in the same period last year to 15.5%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 11,049 | 826 | 781 | 680 | 203.6 | 79.2 | Jan 26, 2024 | J-GAAP |
| Apr - Dec, 2024 | 11,349 | 947 | 937 | 646 | 194.8 | 75.2 | Feb 6, 2025 | J-GAAP |
| Apr - Dec, 2025 | 12,131 | 1,094 | 1,148 | 756 | 229.4 | 86.3 | Jan 23, 2026 | J-GAAP |
| YoY | +6.9% | +15.5% | +22.5% | +17.0% | +17.7% |
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2025 Prev | 8,366 | 979 | 947 | 674 | 204.3 | 30 | Oct 24, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 8,366 | 979 | 947 | 674 | 204.3 | 45 | Jan 23, 2026 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 15,770 | 1,340 | 1,330 | 910 | 275.8 | 30 | May 7, 2025 | J-GAAP |
| Mar, 2026 New | 15,770 | 1,340 | 1,330 | 910 | 275.8 | 45 | Jan 23, 2026 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
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 | 8,176 | 915 | 910 | 656 | 198.0 | 30 | May 7, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 8,366 | 979 | 947 | 674 | 204.3 | 45 | Jan 23, 2026 | J-GAAP |
| YoY | +2.3% | +7.0% | +4.1% | +2.7% | +3.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 14,883 | 1,047 | 986 | 1,535 | 459.7 | 30 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 15,273 | 1,275 | 1,246 | 889 | 268.3 | 30 | May 7, 2025 | J-GAAP |
| Mar, 2026 Guidance | 15,770 | 1,340 | 1,330 | 910 | 275.8 | 45 | Jan 23, 2026 | J-GAAP |
| YoY | +3.3% | +5.1% | +6.7% | +2.4% | +2.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 4,252 | 587 | 601 | 413 | 124.6 | 13.8 | Feb 6, 2025 | J-GAAP |
| Jan - Mar, 2025 | 3,924 | 328 | 309 | 243 | 73.3 | 8.4 | May 7, 2025 | J-GAAP |
| Apr - Jun, 2025 | 4,073 | 403 | 441 | 293 | 89.0 | 9.9 | Jul 25, 2025 | J-GAAP |
| Jul - Sep, 2025 | 3,331 | -42 | -58 | -57 | -17.3 | -1.3 | Oct 24, 2025 | J-GAAP |
| Oct - Dec, 2025 | 4,727 | 733 | 765 | 520 | 157.8 | 15.5 | Jan 23, 2026 | J-GAAP |
| YoY | +11.2% | +24.9% | +27.3% | +25.9% | +26.7% |
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