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Nissha, Net Income Forecast for the Fiscal Year Revised Downward to an Unexpected 35% Decrease

Wed Aug 6, 2025 3:30 pm JST Earnings

7915 Nissha Co., Ltd. 【IFRS】

Earnings Report

Nissha Co., Ltd. <7915> [TSE Prime] announced its financial results (based on IFRS) after the market closed on August 6th (15:30). The consolidated net income for the cumulative second quarter of the fiscal year ending December 2025 (January to June) significantly dropped 97.0% from the same period last year to 0.12 billion yen, fell short of the previous forecast of 0.80 billion yen.

In addition, the full-year forecast for consolidated net income has decreased 37.5%, from the previous forecast of 4.00 billion yen to 2.50 billion yen (compared to 3.86 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 35.3% decrease in profit.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated net income/loss for the July to December period (second half) is expected to turn into a profit of 2.37 billion yen (compared to a loss of 0.39 billion yen in the same period last year).

In the most recent three-month period, from April to June (2Q), the consolidated net income significantly dropped to 0.04 billion yen, a 98.6% decrease compared to the same period last year. The operating profit margin drastically worsened from 5.7% in the same period last year to 2.4%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jan - Jun, 2023 83,005 58 1,087 801 16.4 ー Aug 8, 2023 IFRS
Jan - Jun, 2024 99,661 4,266 6,007 4,258 88.0 96.9 Aug 6, 2024 IFRS
Jan - Jun, 2025 97,049 2,693 1,218 129 2.7 26.5 Aug 6, 2025 IFRS
YoY -2.6% -36.9% -79.7% -97.0% -96.9%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2025 Guidance 92,400 2,100 1,600 800 16.9 25 Feb 13, 2025 IFRS
Jan - Jun, 2025 Results 97,049 2,693 1,218 129 2.7 25 Aug 6, 2025 IFRS
Revision Rate +5.0% +28.2% -23.9% -83.9% -83.9%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2025 Prev 190,800 6,600 5,700 4,000 84.5 50 Feb 13, 2025 IFRS
Dec, 2025 New 190,800 6,600 4,600 2,500 52.8 50 Aug 6, 2025 IFRS
Revision Rate 0.0% 0.0% -19.3% -37.5% -37.5%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2024 95,937 1,191 195 -407 -8.5 25 Feb 13, 2025 IFRS
Jul - Dec, 2025 Guidance 93,751 3,907 3,382 2,371 50.1 25 Aug 6, 2025 IFRS
YoY -2.3% +228.0% +1,634.4% － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 167,726 -3,817 -2,762 -2,988 -61.1 50 Feb 14, 2024 IFRS
Dec, 2024 195,598 5,457 6,202 3,851 79.9 50 Feb 13, 2025 IFRS
Dec, 2025 Guidance 190,800 6,600 4,600 2,500 52.8 50 Aug 6, 2025 IFRS
YoY -2.5% +20.9% -25.8% -35.1% -33.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Apr - Jun, 2024 52,942 3,008 4,336 3,051 63.1 5.7 Aug 6, 2024 IFRS
Jul - Sep, 2024 48,741 1,638 -693 10 0.2 3.4 Nov 8, 2024 IFRS
Oct - Dec, 2024 47,196 -447 888 -417 -8.7 -0.9 Feb 13, 2025 IFRS
Jan - Mar, 2025 47,442 1,509 663 87 1.8 3.2 May 9, 2025 IFRS
Apr - Jun, 2025 49,607 1,184 555 42 0.9 2.4 Aug 6, 2025 IFRS
YoY -6.3% -60.6% -87.2% -98.6% -98.6%

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