Shinnihon (1879) Q1 2026 earnings summary

Executive summary

• Net sales for the three months ended June 30, 2025, rose 20.0% year-over-year to ¥25,610 million.

• Operating income increased 92.5% year-over-year to ¥3,657 million.

• Net income attributable to owners of parent more than doubled, up 102.8% year-over-year to ¥2,666 million.

• Comprehensive income surged 86.6% year-over-year to ¥2,631 million.

Financial highlights

• Gross profit increased from ¥2,884 million to ¥4,697 million year-over-year.

• Basic earnings per share rose to ¥45.59 from ¥22.48 year-over-year.

• Equity-to-asset ratio improved to 73.3% as of June 30, 2025, from 70.7% at March 31, 2025.

• Total assets decreased to ¥167,972 million as of June 30, 2025, from ¥172,954 million at March 31, 2025.

• Net assets increased to ¥123,189 million as of June 30, 2025.

Outlook and guidance

• Full-year net sales forecast for fiscal year ending March 31, 2026, is ¥135,000 million, up 2.5% year-over-year.

• Operating income forecasted at ¥18,600 million (+1.6%), ordinary income at ¥18,800 million (+2.3%), and net income at ¥13,100 million (+2.2%).

• Full-year basic earnings per share projected at ¥223.97.

• Annual dividend forecast maintained at ¥56.00 per share.