Sailor Advertising Inc. (TSE: 2156) reported consolidated results for the fiscal year ended March 31, 2026 (FY3/2026) under J-GAAP. Gross sales (total billings) slipped 1.4% to ¥7,858 million, while revenue recognised under accounting standards rose 6.1% to ¥2,224 million. The company swung to an operating loss of ¥23 million (from a ¥9 million profit), ordinary profit fell 97.6% to ¥2 million, and it recorded a net loss of ¥4 million (versus a ¥27 million profit). EPS was −¥0.99.
Regional ad agency under pressure
Sailor Advertising is a full-service advertising agency centred on the Shikoku region. Softer billings and cost pressure tipped the operating result into a small loss for the year, even as standards-based revenue grew on a higher mix of in-house production and media work.
Balance sheet, dividend and an acquisition
Total assets were ¥4,315 million, net assets ¥2,305 million and the equity ratio 53.4% (BPS ¥447.92). The company kept its annual dividend at ¥6.00. During the year it brought a new subsidiary, Fellow Inc., into consolidation while divesting a media subsidiary.
FY27 guidance: back to profit
For FY3/2027 management guides gross sales of ¥8,200 million (+4.3%), an operating profit of ¥180 million (a return to profit) and ordinary profit of ¥200 million.
| Metric | FY3/2026 | FY3/2025 | YoY |
|---|---|---|---|
| Gross sales (¥ million) | 7,858 | 7,968 | -1.4% |
| Operating profit (¥ million) | -23 | 9 | Swung to loss |
| Ordinary profit (¥ million) | 2 | 84 | -97.6% |
| Net profit attrib. to owners (¥ million) | -4 | 27 | Swung to loss |
| EPS (¥) | -0.99 | 6.50 | Swung to loss |
| Equity ratio | 53.4% | 48.0% | +5.4pp |
| Annual dividend (¥) | 6.00 | 6.00 | unchanged |
| FY27 operating profit guidance (¥ million) | 180 | -23 | Return to profit |
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