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Nalnet Communications, 58% Increase in Ordinary Profit, Record High for The First Time in Two Years
5870 Nalnet Communications Inc. 【J-GAAP】
Earnings ReportNalnet Communications Inc. <5870> [TSE Growth] announced its financial results after the market closed on May 15th (15:30). The ordinary profit (non-consolidated) for the fiscal year ending March 2025 decreased 15.9% from the previous period to 430 million yen, although it exceeded the initial forecast of 372 million yen (midpoint). For the fiscal year ending March 2026, the ordinary profit is expected to expand to 57.7% to 678 million yenExpected to reach record high profits for the first time in two years. This will be the fourth consecutive term of revenue growth.
In the most recent three-month period, from January to March (4Q), the ordinary profit increased 56.3% from the same period last year, reaching 286 million yen. The operating profit margin improved from 9.6% in the same period last year to 12.3%.
Note: In cases where performance forecasts are disclosed within a range, the article is created based on the midpoint of the range.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 7,672 | 526 | 511 | 305 | 57.7 | 15 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 8,542 | 442 | 430 | 238 | 44.7 | 15 | May 15, 2025 | J-GAAP |
| YoY | +11.3% | -16.0% | -15.9% | -22.0% | -22.5% |
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 | 8,354 | 384 | 372 | 206 | 38.6 | 15 | Feb 14, 2025 | J-GAAP |
| Mar, 2025 Results | 8,542 | 442 | 430 | 238 | 44.7 | 15 | May 15, 2025 | J-GAAP |
| Revision Rate | +2.3% | +15.1% | +15.6% | +15.5% | +15.7% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 3,865 | 159 | 154 | 81 | 15.4 | 0 | Nov 14, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 4,707 | 267 | 260 | 153 | 28.7 | 0 | May 15, 2025 | J-GAAP |
| YoY | +21.8% | +67.9% | +68.8% | +88.9% | +86.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 7,672 | 526 | 511 | 305 | 57.7 | 15 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 8,542 | 442 | 430 | 238 | 44.7 | 15 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 10,410 | 692 | 678 | 410 | 76.9 | 15 | May 15, 2025 | J-GAAP |
| YoY | +21.9% | +56.6% | +57.7% | +72.3% | +72.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 1,928 | 186 | 183 | 121 | 22.9 | 9.6 | May 15, 2024 | J-GAAP |
| Apr - Jun, 2024 | 1,899 | 56 | 53 | 25 | 4.8 | 2.9 | Aug 9, 2024 | J-GAAP |
| Jul - Sep, 2024 | 1,966 | 103 | 101 | 56 | 10.6 | 5.2 | Nov 14, 2024 | J-GAAP |
| Oct - Dec, 2024 | 2,311 | -7 | -10 | -16 | -3.0 | -0.3 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 2,366 | 290 | 286 | 173 | 32.5 | 12.3 | May 15, 2025 | J-GAAP |
| YoY | +22.7% | +55.9% | +56.3% | +43.0% | +42.1% |
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