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NAFCO, 2.1 times Increase in Ordinary Profit for The Current Fiscal Year
2790 NAFCO CO., Ltd 【J-GAAP】
Earnings ReportNAFCO CO., Ltd <2790> [TSE Std] announced its financial results after the market closed on May 9th (15:30). The ordinary profit (non-consolidated) for the fiscal year ending March 2025 dropped 76.1% from the previous period to 1.32 billion yen. For the fiscal year ending March 2026, the ordinary profit is expected to recover to 2.1 times to 2.76 billion yen.
In the most recent three-month period, from January to March (4Q), the ordinary loss expanded to a loss of 0.98 billion yen (compared to a loss of 0.55 billion yen in the same period last year). The operating profit/loss margin worsened from -1.4% in the same period last year to -2.6%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 202,259 | 9,219 | 9,661 | 5,639 | 197.4 | 56 | Apr 28, 2023 | J-GAAP |
| Mar, 2024 | 192,974 | 5,477 | 5,552 | 3,107 | 110.3 | 58 | Apr 26, 2024 | J-GAAP |
| Mar, 2025 | 181,850 | 1,266 | 1,329 | 183 | 7.0 | 58 | May 9, 2025 | J-GAAP |
| YoY | -5.8% | -76.9% | -76.1% | -94.1% | -93.7% |
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 | 189,454 | 3,062 | 3,106 | 1,700 | 69.2 | 58 | Oct 25, 2024 | J-GAAP |
| Mar, 2025 Results | 181,850 | 1,266 | 1,329 | 183 | 7.0 | 58 | May 9, 2025 | J-GAAP |
| Revision Rate | -4.0% | -58.7% | -57.2% | -89.2% | -89.9% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 96,636 | 888 | 904 | 346 | 12.9 | 29 | Oct 25, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 89,779 | 1,979 | 2,010 | 1,104 | 44.9 | 29 | May 9, 2025 | J-GAAP |
| YoY | -7.1% | +122.9% | +122.3% | +219.1% | +247.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 192,974 | 5,477 | 5,552 | 3,107 | 110.3 | 58 | Apr 26, 2024 | J-GAAP |
| Mar, 2025 | 181,850 | 1,266 | 1,329 | 183 | 7.0 | 58 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 173,080 | 2,700 | 2,763 | 1,260 | 51.3 | 58 | May 9, 2025 | J-GAAP |
| YoY | -4.8% | +113.3% | +107.9% | +588.5% | +637.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 40,220 | -558 | -552 | -429 | -15.2 | -1.4 | Apr 26, 2024 | J-GAAP |
| Apr - Jun, 2024 | 48,691 | 1,511 | 1,527 | 963 | 36.0 | 3.1 | Aug 9, 2024 | J-GAAP |
| Jul - Sep, 2024 | 47,945 | -623 | -623 | -617 | -23.1 | -1.3 | Oct 25, 2024 | J-GAAP |
| Oct - Dec, 2024 | 47,191 | 1,375 | 1,411 | 782 | 29.2 | 2.9 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 38,023 | -997 | -986 | -945 | -35.9 | -2.6 | May 9, 2025 | J-GAAP |
| YoY | -5.5% | -78.7% | -78.6% | -120.3% | -135.7% |
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