kabutan

NIHON DENGI, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 14%, Raises Record High Profit Forecast

Tue Nov 4, 2025 2:05 pm JST Earnings

1723 NIHON DENGI CO., LTD. 【J-GAAP】

Earnings Report

NIHON DENGI CO., LTD. <1723> [TSE Std] announced its financial results in the afternoon session on November 4th (14:05). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) expanded 4.29 billion yen, an increase 78.4% compared to the same period last year.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 13.8%, from the previous forecast of 9.40 billion yen to 10.7 billion yen (compared to 9.30 billion yen in the previous period), increasing the growth rate from 1.0% to 15.0%, further surpassing the previous forecast of record-high profits for three 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 October to March period (second half) is expected to decrease 7.2% from the same period last year to 6.40 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased 86.8% from the same period last year, reaching 2.94 billion yen. The operating profit margin jumped from 18.4% in the same period last year to 28.1%.

Kabutan News

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 15,584 1,748 1,824 1,234 77.3 28.8 Nov 2, 2023 J-GAAP
Apr - Sep, 2024 14,987 2,318 2,409 1,646 103.4 25.9 Nov 5, 2024 J-GAAP
Apr - Sep, 2025 18,668 4,140 4,297 2,968 186.4 40.2 Nov 4, 2025 J-GAAP
YoY +24.6% +78.6% +78.4% +80.3% +80.2%

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 ー ー ー ー － 61 May 7, 2025 J-GAAP
Apr - Sep, 2025 Results 18,668 4,140 4,297 2,968 186.4 61 Nov 4, 2025 J-GAAP
Revision Rate － － － － －

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 43,500 9,200 9,400 6,450 404.8 132 May 7, 2025 J-GAAP
Mar, 2026 New 46,000 10,500 10,700 7,300 458.2 132 Nov 4, 2025 J-GAAP
Revision Rate +5.7% +14.1% +13.8% +13.2% +13.2%

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 28,074 6,802 6,898 4,768 299.5 81 May 7, 2025 J-GAAP
Oct - Mar, 2025 Guidance 27,332 6,360 6,403 4,332 271.9 71 Nov 4, 2025 J-GAAP
YoY -2.6% -6.5% -7.2% -9.1% -9.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 38,894 6,248 6,324 4,672 292.9 92 May 7, 2024 J-GAAP
Mar, 2025 43,061 9,120 9,307 6,414 402.8 122 May 7, 2025 J-GAAP
Mar, 2026 Guidance 46,000 10,500 10,700 7,300 458.2 132 Nov 4, 2025 J-GAAP
YoY +6.8% +15.1% +15.0% +13.8% +13.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 8,436 1,549 1,576 1,079 67.8 18.4 Nov 5, 2024 J-GAAP
Oct - Dec, 2024 11,186 3,435 3,500 2,253 141.5 30.7 Jan 29, 2025 J-GAAP
Jan - Mar, 2025 16,888 3,367 3,398 2,515 158.0 19.9 May 7, 2025 J-GAAP
Apr - Jun, 2025 8,424 1,259 1,353 931 58.5 14.9 Jul 25, 2025 J-GAAP
Jul - Sep, 2025 10,244 2,881 2,944 2,037 127.9 28.1 Nov 4, 2025 J-GAAP
YoY +21.4% +86.0% +86.8% +88.8% +88.6%

Related Articles