シモジマ announced its results after the market close on 10 November, reporting a 2.1-fold increase in ordinary profit for the current fiscal year to ¥3.29 billion and revising its full-year forecast upward from ¥4.0 billion to ¥4.8 billion. The company expects to post a record high profit for the first time in 23 years.
シモジマ reported consolidated ordinary profit of ¥3.29 billion for the first half of the current fiscal year, the cumulative April–September period for the second quarter of the fiscal year ending March 2027, a sharp 2.1-fold increase year on year. At the same time, it revised its full-year ordinary profit forecast upward from ¥4.0 billion to ¥4.8 billion, expanding the projected profit growth rate from 3.4% to 24.1% and bringing its forecast for a record high profit for the first time in 23 years.
For the most recent three-month period, consolidated ordinary profit for July–September was ¥1.57 billion, 2.0 times the previous year’s level, while the profit margin, including net sales, improved substantially from 4.5% to 8.6%.
Based on the above forecast, consolidated ordinary profit for October–March, the second half, is expected to decline year on year, implying a second-half forecast of ¥1.5 billion.
The annual dividend for the current fiscal year was revised upward from the previous plan of ¥59 to ¥66.