USS posted higher revenue and profit for FY ending March 2026 and raised its full-year operating profit forecast.
USS reported its full-year results for the fiscal year ending March 2026, posting revenue of 113.8 billion yen, up 9.5% year on year, operating profit of 59.8 billion yen, up 10.4%, and net profit of 41.3 billion yen, up 9.9%, achieving growth in both revenue and profit. Its operating profit margin reached 52.6%, far above the 7.4% median for the services sector. The auto auction business was the main profit driver, generating revenue of 89.7 billion yen, just under 80% of the total, with operating profit of 58.5 billion yen and an operating margin of 65.3% for the segment alone. Alongside its disclosure for the first quarter of the fiscal year ending March 2027, the company raised its full-year forecast, lifting operating profit to 62.6 billion yen from 61 billion yen, up 4.6% year on year. Its equity ratio stood at 76.7%, well above the services sector median of 54.3%, while its ROE came in at 20.1%, nearly double the median of 10.7%. The dividend payout ratio was 61.6%, and share buybacks reduced the number of shares outstanding from 514 million at the end of the previous fiscal year to 474 million.
USS posted higher revenue and profit for FY ending March 2026 and raised its full-year operating profit forecast.