IRISO Electronics Industry announced that ordinary profit for the current fiscal year is expected to fall 56% year on year to ¥2.7 billion. Ordinary profit in the latest three-month period was ¥1.05 billion, down 16.4% year on year, while the profit margin on net sales fell substantially. The company also left its annual dividend undecided.
The company released its earnings summary after the market close on 30 September. Ordinary profit for the current fiscal year, ending March 2027, is expected to fall 56.0% year on year to ¥2.7 billion, and the annual dividend remains undecided.
In the latest fourth quarter, ordinary profit for the January–March quarter was ¥1.05 billion, down 16.4% year on year, while the operating margin on net sales fell substantially from 11.0% in the same period of the previous year to 6.5%.
Compared with the previous fiscal year's results and the previous forecast, ordinary profit of ¥6,132 million exceeded the previous forecast of ¥5,850 million, while net profit of ¥2,553 million fell short of the previous forecast of ¥4,800 million.
For the current fiscal year's earnings forecast, the first-half release date was 2025-11-05 and the full-year forecast was released on 2026-09-30. The forecast indicates net sales of approximately ¥61,961 million, ordinary profit of approximately ¥6,132 million and net profit of approximately ¥2,553 million.