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NITTOH, First Half Ordinary Profit Increases by 23%, Jul-Sep Ordinary Profit Increases by 79%
1738 NITTOH CORPORATION 【J-GAAP】
Earnings ReportNITTOH CORPORATION <1738> [NSE Main] announced its financial results after the market closed on November 7th (16:20). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 23.3% from the same period last year, reaching 185 million yen. Progress toward the full-year plan of 410 million yen was 45.1%, exceeding the five-year average of 39.7%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to expand 45.2% from the same period last year, reaching 225 million yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased 79.5% from the same period last year, reaching 131 million yen. The operating profit margin improved from 2.7% in the same period last year to 4.6%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 5,010 | 218 | 229 | 151 | 37.5 | 49.9 | Nov 9, 2023 | J-GAAP |
| Apr - Sep, 2024 | 5,165 | 139 | 150 | 96 | 23.8 | 49.2 | Nov 7, 2024 | J-GAAP |
| Apr - Sep, 2025 | 5,343 | 173 | 185 | 117 | 28.9 | 45.1 | Nov 7, 2025 | J-GAAP |
| YoY | +3.4% | +24.5% | +23.3% | +21.9% | +21.4% |
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 | 5,380 | 196 | 201 | 120 | 29.6 | 0 | May 9, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 5,343 | 173 | 185 | 117 | 28.9 | 0 | Nov 7, 2025 | J-GAAP |
| Revision Rate | -0.7% | -11.7% | -8.0% | -2.5% | -2.5% |
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 | 5,163 | 139 | 155 | 306 | 75.6 | 20 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 5,557 | 217 | 225 | 160 | 39.5 | 17 | Nov 7, 2025 | J-GAAP |
| YoY | +7.6% | +56.1% | +45.2% | -47.7% | -47.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 10,121 | 429 | 459 | 247 | 61.0 | 16 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 10,328 | 278 | 305 | 402 | 99.3 | 20 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 10,900 | 390 | 410 | 277 | 68.3 | 17 | May 9, 2025 | J-GAAP |
| YoY | +5.5% | +40.3% | +34.4% | -31.1% | -31.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 2,557 | 70 | 73 | 48 | 11.9 | 2.7 | Nov 7, 2024 | J-GAAP |
| Oct - Dec, 2024 | 2,715 | 128 | 131 | 83 | 20.5 | 4.7 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 2,448 | 11 | 24 | 223 | 55.1 | 0.4 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 2,637 | 48 | 54 | 26 | 6.6 | 1.8 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 2,706 | 125 | 131 | 91 | 22.5 | 4.6 | Nov 7, 2025 | J-GAAP |
| YoY | +5.8% | +78.6% | +79.5% | +89.6% | +88.9% |
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