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NOK, Ordinary Profit Forecast for the Fiscal Year Revised Downward to an Unexpected 6% Decrease, Dividend Revised Upward by 20 Yen

Mon Nov 10, 2025 3:30 pm JST Earnings

7240 NOK CORPORATION 【J-GAAP】

Earnings Report

NOK CORPORATION <7240> [TSE Prime] announced its financial results after the market closed on November 10th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) was 21.5 billion yen, a 2.3% increase compared to the same period last year, resulting in an increase in profits compared to the previous forecast of a 2.9% decrease.

However, the full-year forecast for consolidated ordinary profit has decreased 7.0%, from the previous forecast of 48.5 billion yen to 45.1 billion yen (compared to 48.0 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 6.2% decrease in profit.

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 12.7% from the same period last year to 23.5 billion yen.

At the same time, the company has increased its planned annual dividend for the current fiscal year from the original plan of 110 yen to 130 yen (compared to 105 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased 42.8% from the same period last year, reaching 12.9 billion yen. However, the operating profit margin worsened from 6.5% in the same period last year to 4.6%.

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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 354,239 4,863 16,389 12,181 71.8 40.7 Nov 8, 2023 J-GAAP
Apr - Sep, 2024 393,666 19,084 21,117 13,604 82.6 43.9 Nov 7, 2024 J-GAAP
Apr - Sep, 2025 359,397 15,713 21,594 13,332 81.7 47.9 Nov 10, 2025 J-GAAP
YoY -8.7% -17.7% +2.3% -2.0% -1.1%

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 346,500 15,000 20,500 13,600 83.3 55 May 14, 2025 J-GAAP
Apr - Sep, 2025 Results 359,397 15,713 21,594 13,332 81.7 65 Nov 10, 2025 J-GAAP
Revision Rate +3.7% +4.8% +5.3% -2.0% -2.0%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 707,100 37,700 48,500 36,500 223.4 110 May 14, 2025 J-GAAP
Mar, 2026 New 726,900 32,900 45,100 36,500 223.4 130 Nov 10, 2025 J-GAAP
Revision Rate +2.8% -12.7% -7.0% 0.0% 0.0%

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 373,193 18,180 26,940 16,716 101.9 55 May 14, 2025 J-GAAP
Oct - Mar, 2025 Guidance 367,503 17,187 23,506 23,168 141.8 65 Nov 10, 2025 J-GAAP
YoY -1.5% -5.5% -12.7% +38.6% +39.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 750,502 22,912 40,285 31,602 188.3 87.50 May 13, 2024 J-GAAP
Mar, 2025 766,859 37,264 48,057 30,320 184.8 105 May 14, 2025 J-GAAP
Mar, 2026 Guidance 726,900 32,900 45,100 36,500 223.4 130 Nov 10, 2025 J-GAAP
YoY -5.2% -11.7% -6.2% +20.4% +20.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 205,496 13,432 9,079 6,589 40.0 6.5 Nov 7, 2024 J-GAAP
Oct - Dec, 2024 195,440 12,089 20,189 15,322 93.2 6.2 Feb 5, 2025 J-GAAP
Jan - Mar, 2025 177,753 6,091 6,751 1,394 8.5 3.4 May 14, 2025 J-GAAP
Apr - Jun, 2025 171,866 7,002 8,625 5,729 35.1 4.1 Aug 5, 2025 J-GAAP
Jul - Sep, 2025 187,531 8,711 12,969 7,603 46.6 4.6 Nov 10, 2025 J-GAAP
YoY -8.7% -35.1% +42.8% +15.4% +16.4%

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