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Nakabohtec Corrosion Protecting, First Half Ordinary Profit Turns to Loss, Jul-Sep Ordinary Profit Decreases by 36%

Tue Nov 4, 2025 4:00 pm JST Earnings

1787 Nakabohtec Corrosion Protecting Co.,Ltd. 【J-GAAP】

Earnings Report

Nakabohtec Corrosion Protecting Co.,Ltd. <1787> [TSE Std] announced its financial results after the market closed on November 4th (16:00). The ordinary profit/loss (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2026 (April to September) turned into a loss of 0.10 billion yen (compared to a profit of 0.05 billion yen in the same period last year).

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to March period (second half) is expected to decrease 1.3% from the same period last year to 1.42 billion yen.

In the most recent three-month period, from July to September (2Q), the ordinary profit dropped to 0.24 billion yen, a 36.3% decrease compared to the same period last year. The operating profit margin significantly dropped from 10.5% in the same period last year to 6.9%.

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
Apr - Sep, 2023
4,933M -71M -55M -48M -19.6 Nov 6, 2023 J-GAAP
Apr - Sep, 2024
5,207M 30M 56M 30M 12.4 3.7% Nov 5, 2024 J-GAAP
Apr - Sep, 2025
4,984M -146M -109M -86M -35.3 Nov 4, 2025 J-GAAP
YoY -4.3%
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 0 May 8, 2025 J-GAAP
Apr - Sep, 2025 Results 4,984M -146M -109M -86M -35.3 0 Nov 4, 2025 J-GAAP
Revision Rate

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
9,518M 1,427M 1,446M 1,017M 413.4 300 May 8, 2025 J-GAAP
Guidance
Oct - Mar, 2025
9,516M 1,424M 1,427M 1,009M 411.5 260 Nov 4, 2025 J-GAAP
YoY 0.0% -0.2% -1.3% -0.8% -0.5%
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Mar, 2024
13,780M 1,176M 1,204M 834M 339.1 240 May 8, 2024 J-GAAP
Mar, 2025
14,725M 1,457M 1,502M 1,047M 425.5 300 May 8, 2025 J-GAAP
Guidance
Mar, 2026
14,500M 1,278M 1,318M 923M 376.4 260 May 8, 2025 J-GAAP
YoY -1.5% -12.3% -12.3% -11.8% -11.5%

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Jul - Sep, 2024
3,538M 372M 386M 266M 109.8 10.5% Nov 5, 2024 J-GAAP
Oct - Dec, 2024
3,720M 558M 568M 396M 161.0 15.0% Feb 10, 2025 J-GAAP
Jan - Mar, 2025
5,798M 869M 878M 621M 252.4 15.0% May 8, 2025 J-GAAP
Apr - Jun, 2025
1,727M -372M -355M -254M -103.5 -21.5% Aug 4, 2025 J-GAAP
Jul - Sep, 2025
3,257M 226M 246M 168M 69.0 6.9% Nov 4, 2025 J-GAAP
YoY -7.9% -39.2% -36.3% -36.8% -37.1%