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TRUSCO NAKAYAMA, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 7%, Raises Record High Profit Forecast, Dividend Revised Upward by 3.5 Yen

Tue Aug 12, 2025 1:00 pm JST Earnings

9830 TRUSCO NAKAYAMA CORPORATION 【J-GAAP】

Earnings Report

TRUSCO NAKAYAMA CORPORATION <9830> [TSE Prime] announced its financial results in the afternoon session on August 12th (13:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending December 2025 (January to June) increased 17.7% from the same period last year, reaching 11.7 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 7.5%, from the previous forecast of 21.1 billion yen to 22.7 billion yen (compared to 20.0 billion yen in the previous period), increasing the growth rate from 5.6% to 13.4%, further surpassing the previous forecast of record-high profits for four consecutive terms.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the July to December period (second half) is expected to grow 9.2% from the same period last year, reaching 11.0 billion yen.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 55.5 yen to 59 yen (compared to 54 yen in the previous period).

In the most recent three-month period, from April to June (2Q), the consolidated ordinary profit grew 20.7% from the same period last year, reaching 5.89 billion yen. The operating profit margin improved from 6.8% in the same period last year to 7.6%.

Kabutan News

Actual Performance and Financial Trends

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
131,390M 9,156M 9,269M 6,066M 92.0 49.6 Aug 10, 2023 J-GAAP
Jan - Jun, 2024
143,461M 9,852M 9,953M 6,745M 102.3 49.6 Aug 9, 2024 J-GAAP
Jan - Jun, 2025
158,233M 11,825M 11,716M 7,984M 121.1 51.5 Aug 12, 2025 J-GAAP
YoY +10.3% +20.0% +17.7% +18.4% +18.4%
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 155,700M 10,306M 10,320M 7,074M 107.3 27 Feb 13, 2025 J-GAAP
Jan - Jun, 2025 Results 158,233M 11,825M 11,716M 7,984M 121.1 30.50 Aug 12, 2025 J-GAAP
Revision Rate +1.6% +14.7% +13.5% +12.9% +12.9%

Guidance Update

Full Year Update
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Dec, 2025 Prev 317,430M 21,130M 21,170M 14,520M 220.2 55.50 Feb 13, 2025 J-GAAP
Dec, 2025 New 325,000M 23,029M 22,752M 15,557M 235.9 59 Aug 12, 2025 J-GAAP
Revision Rate +2.4% +9.0% +7.5% +7.1% +7.1%

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
151,563M 10,126M 10,103M 9,350M 141.8 28 Feb 13, 2025 J-GAAP
Guidance
Jul - Dec, 2025
166,767M 11,204M 11,036M 7,573M 114.9 28.50 Aug 12, 2025 J-GAAP
YoY +10.0% +10.6% +9.2% -19.0% -19.0%
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Dec, 2023
268,154M 18,519M 18,669M 12,268M 186.1 46.50 Feb 9, 2024 J-GAAP
Dec, 2024
295,024M 19,978M 20,056M 16,095M 244.1 54 Feb 13, 2025 J-GAAP
Guidance
Dec, 2025
325,000M 23,029M 22,752M 15,557M 235.9 59 Aug 12, 2025 J-GAAP
YoY +10.2% +15.3% +13.4% -3.3% -3.3%

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Apr - Jun, 2024
71,540M 4,855M 4,888M 3,233M 49.0 6.8 Aug 9, 2024 J-GAAP
Jul - Sep, 2024
72,922M 4,416M 4,377M 4,857M 73.7 6.1 Oct 30, 2024 J-GAAP
Oct - Dec, 2024
78,641M 5,710M 5,726M 4,493M 68.1 7.3 Feb 13, 2025 J-GAAP
Jan - Mar, 2025
79,164M 5,843M 5,817M 4,002M 60.7 7.4 Apr 30, 2025 J-GAAP
Apr - Jun, 2025
79,069M 5,982M 5,899M 3,982M 60.4 7.6 Aug 12, 2025 J-GAAP
YoY +10.5% +23.2% +20.7% +23.2% +23.2%