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Nippon Yakin, 20% Decrease in Ordinary Profit for The Current Fiscal Year
5480 Nippon Yakin kogyo Co.,Ltd. 【J-GAAP】
Earnings ReportNippon Yakin kogyo Co.,Ltd. <5480> [TSE Prime] announced its financial results after the market closed on May 8th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 decreased 15.3% from the previous period to 16.2 billion yen. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to decrease by 19.8% from the previous period to 13 billion yen. This will be the third consecutive term of declining profits.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit decreased to 3.22 billion yen, a 15.1% decrease compared to the same period last year. The operating profit margin worsened from 9.6% in the same period last year to 9.2%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 199,324 | 29,256 | 27,738 | 19,703 | 1,316.8 | 200 | May 9, 2023 | J-GAAP |
| Mar, 2024 | 180,341 | 20,010 | 19,128 | 13,565 | 933.6 | 200 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 172,097 | 16,967 | 16,200 | 11,579 | 819.5 | 220 | May 8, 2025 | J-GAAP |
| YoY | -4.6% | -15.2% | -15.3% | -14.6% | -12.2% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 Guidance | 173,000 | 18,000 | 17,000 | 12,000 | 852.0 | 220 | Feb 5, 2025 | J-GAAP |
| Mar, 2025 Results | 172,097 | 16,967 | 16,200 | 11,579 | 819.5 | 220 | May 8, 2025 | J-GAAP |
| Revision Rate | -0.5% | -5.7% | -4.7% | -3.5% | -3.8% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 88,834 | 8,543 | 8,298 | 5,807 | 409.6 | 100 | Oct 31, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 80,000 | 7,000 | 6,500 | 4,500 | 324.8 | 110 | May 8, 2025 | J-GAAP |
| YoY | -9.9% | -18.1% | -21.7% | -22.5% | -20.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 180,341 | 20,010 | 19,128 | 13,565 | 933.6 | 200 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 172,097 | 16,967 | 16,200 | 11,579 | 819.5 | 220 | May 8, 2025 | J-GAAP |
| Mar, 2026 Guidance | 160,000 | 14,000 | 13,000 | 9,000 | 649.6 | 220 | May 8, 2025 | J-GAAP |
| YoY | -7.0% | -17.5% | -19.8% | -22.3% | -20.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 42,554 | 4,105 | 3,801 | 2,753 | 189.5 | 9.6 | May 9, 2024 | J-GAAP |
| Apr - Jun, 2024 | 46,595 | 4,873 | 5,198 | 3,588 | 251.5 | 10.5 | Jul 29, 2024 | J-GAAP |
| Jul - Sep, 2024 | 42,239 | 3,670 | 3,100 | 2,219 | 156.5 | 8.7 | Oct 31, 2024 | J-GAAP |
| Oct - Dec, 2024 | 42,532 | 4,661 | 4,675 | 3,288 | 232.5 | 11.0 | Feb 5, 2025 | J-GAAP |
| Jan - Mar, 2025 | 40,731 | 3,763 | 3,227 | 2,484 | 175.8 | 9.2 | May 8, 2025 | J-GAAP |
| YoY | -4.3% | -8.3% | -15.1% | -9.8% | -7.2% |
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