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Revision to earnings forecast4918IVY COSMETICS CORPORATIONMaterials and Chemicals

Notice Regarding Revisions to Earnings Forecasts and Dividend Forecast

The full-year sales forecast for the fiscal year ending March 2027 was raised from ¥2,900 million to ¥3,000 million, while the forecasts for operating profit, ordinary profit and net income were also raised. The year-end dividend was increased from ¥15 to ¥40, comprising a ¥30 ordinary dividend and a ¥10 commemorative dividend marking the company's 50th anniversary.

Worth reading
67In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
110
¥ million (change in net income forecast)
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full yearPrevious forecast published 8 October 2026
Net Sales2,900→3,000million
+3.4%
Operating profit390→460million
+17.9%
Ordinary income390→460million
+17.9%
Profit attributable to owners of the parent290→400million
+37.9%
Net income per share44.66→59.08Yen and sen
+32.3%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

The large-scale skincare product among the new products commemorating the company's 50th anniversary, scheduled for launch in February 2027, has received a stronger-than-expected response from distributors. After reviewing order conditions, the company expects to increase production because the originally planned production volume would be insufficient. Orders for regular products have also remained strong. In light of the recovery in earnings capacity, the recovery in the equity ratio and the company's 50th anniversary, the dividend will be increased by raising the ordinary dividend and adding a commemorative dividend.

Previous-period resultsNet Sales 2,641 Millions of yen (yen and sen for net income per share) / Operating profit 195 Millions of yen (yen and sen for net income per share) / Ordinary income 192 Millions of yen (yen and sen for net income per share) / Net income for the current fiscal year 164 Millions of yen (yen and sen for net income per share) / Net income per share 22.45 Millions of yen (yen and sen for net income per share)
Dividend forecast revisionThe year-end dividend forecast was increased from ¥15.00 to ¥40.00. This comprises a ¥30.00 ordinary dividend and a ¥10.00 commemorative dividend marking the company's 50th anniversary.
Revised forecast
ItemDetails
Net Sales¥2,900 million → ¥3,000 million(+3.4%)
Operating profit¥390 million → ¥460 million(+17.9%)
Ordinary income¥390 million → ¥460 million(+17.9%)
Profit attributable to owners of the parent¥290 million → ¥400 million(+37.9%)
Net income per share44.66 Yen and sen → 59.08 Yen and sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Publication date of previous forecast8 October 2026
Previous-period resultsNet Sales 2,641 Millions of yen (yen and sen for net income per share) / Operating profit 195 Millions of yen (yen and sen for net income per share) / Ordinary income 192 Millions of yen (yen and sen for net income per share) / Net income for the current fiscal year 164 Millions of yen (yen and sen for net income per share) / Net income per share 22.45 Millions of yen (yen and sen for net income per share)
Reason for the revisionThe large-scale skincare product among the new products commemorating the company's 50th anniversary, scheduled for launch in February 2027, has received a stronger-than-expected response from distributors. After reviewing order conditions, the company expects to increase production because the originally planned production volume would be insufficient. Orders for regular products have also remained strong. In light of the recovery in earnings capacity, the recovery in the equity ratio and the company's 50th anniversary, the dividend will be increased by raising the ordinary dividend and adding a commemorative dividend.
Dividend forecast revisionThe year-end dividend forecast was increased from ¥15.00 to ¥40.00. This comprises a ¥30.00 ordinary dividend and a ¥10.00 commemorative dividend marking the company's 50th anniversary.
Items this document does not state (2)
Details and amount of extraordinary lossConsolidated / non-consolidated

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The large-scale commemorative skincare product marking the company's 50th anniversary has received a stronger-than-expected response and more orders than anticipated, prompting plans to increase production. Orders for regular products have also remained strong. The dividend is being increased to strengthen shareholder returns in light of the recovery in earnings capacity, the recovery in the equity ratio and the company's 50th anniversary.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Revisions to Earnings Forecasts and Dividend Forecast | IVY COSMETICS CORPORATION (4918) timely disclosure | Komori