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NISSHIN SEIFUN, Ordinary Profit Forecast for the Fiscal Year Revised Downward by 6%

Thu Oct 30, 2025 3:30 pm JST Earnings

2002 NISSHIN SEIFUN GROUP INC. 【J-GAAP】

Earnings Report

NISSHIN SEIFUN GROUP INC. <2002> [TSE Prime] announced its financial results after the market closed on October 30th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) decreased 8.5% from the same period last year to 24.7 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has decreased 5.7%, from the previous forecast of 53.0 billion yen to 50.0 billion yen (compared to 49.2 billion yen in the previous period), leading to a reduction in the profit growth rate from 7.7% to 1.6%.

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 October to March period (second half) is expected to grow 13.9% from the same period last year, reaching 25.2 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 11.8 billion yen, a 5.6% decrease compared to the same period last year. The operating profit margin worsened from 5.9% in the same period last year to 5.2%.

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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
Apr - Sep, 2023 426,881 25,511 26,511 18,446 62.0 53.0 Oct 27, 2023 J-GAAP
Apr - Sep, 2024 429,513 26,010 27,076 20,363 68.5 55.0 Oct 30, 2024 J-GAAP
Apr - Sep, 2025 431,310 22,633 24,788 10,325 35.7 49.6 Oct 30, 2025 J-GAAP
YoY +0.4% -13.0% -8.5% -49.3% -47.9%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance 435,000 24,000 26,000 19,000 65.6 30 May 15, 2025 J-GAAP
Apr - Sep, 2025 Results 431,310 22,633 24,788 10,325 35.7 30 Oct 30, 2025 J-GAAP
Revision Rate -0.8% -5.7% -4.7% -45.7% -45.6%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 870,000 50,000 53,000 39,000 135.6 60 May 15, 2025 J-GAAP
Mar, 2026 New 870,000 47,000 50,000 30,000 104.3 60 Oct 30, 2025 J-GAAP
Revision Rate 0.0% -6.0% -5.7% -23.1% -23.1%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 421,973 20,370 22,134 14,321 48.5 30 May 15, 2025 J-GAAP
Oct - Mar, 2025 Guidance 438,690 24,367 25,212 19,675 68.4 30 Oct 30, 2025 J-GAAP
YoY +4.0% +19.6% +13.9% +37.4% +41.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 858,248 47,791 49,992 31,743 106.7 45 May 15, 2024 J-GAAP
Mar, 2025 851,486 46,380 49,210 34,684 117.3 55 May 15, 2025 J-GAAP
Mar, 2026 Guidance 870,000 47,000 50,000 30,000 104.3 60 Oct 30, 2025 J-GAAP
YoY +2.2% +1.3% +1.6% -13.5% -11.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 215,639 12,790 12,560 9,518 32.0 5.9 Oct 30, 2024 J-GAAP
Oct - Dec, 2024 217,928 13,460 14,864 10,175 34.2 6.2 Jan 28, 2025 J-GAAP
Jan - Mar, 2025 204,045 6,910 7,270 4,146 14.0 3.4 May 15, 2025 J-GAAP
Apr - Jun, 2025 215,364 11,296 12,932 11,620 40.1 5.2 Jul 31, 2025 J-GAAP
Jul - Sep, 2025 215,946 11,337 11,856 -1,295 -4.5 5.2 Oct 30, 2025 J-GAAP
YoY +0.1% -11.4% -5.6% － －

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