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Naigai Tec, Ordinary Profit Forecast for the Fiscal Year Revised Downward by 34%, Dividend Revised down by 2 Yen

Wed Nov 12, 2025 3:45 pm JST Earnings

3374 Naigai Tec Corporation 【J-GAAP】

Earnings Report

Naigai Tec Corporation <3374> [TSE Std] announced its financial results after the market closed on November 12th (15:45). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 18.6% from the same period last year, reaching 0.47 billion yen, resulting in an increase in profits compared to the previous forecast of a 40.9% decrease.

However, the full-year forecast for consolidated ordinary profit has decreased 34.5%, from the previous forecast of 1.19 billion yen to 0.78 billion yen (compared to 1.52 billion yen in the previous period), leading to an increase in the profit decline rate from 22.0% to 48.9%.

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 significant drop 73.1% from the same period last year to 0.30 billion yen.

Due to a decline in performance, the company has reduced its planned year-end lump-sum dividend for the current fiscal year from the original plan of 102 yen to 100 yen (compared to 100 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased 97.5% from the same period last year, reaching 0.39 billion yen. The operating profit margin improved from 2.6% in the same period last year to 5.0%.

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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 20,478 521 507 324 92.8 42.6 Nov 13, 2023 J-GAAP
Apr - Sep, 2024 16,161 423 403 252 72.3 26.4 Nov 13, 2024 J-GAAP
Apr - Sep, 2025 15,240 487 478 310 88.8 61.3 Nov 12, 2025 J-GAAP
YoY -5.7% +15.1% +18.6% +23.0% +22.8%

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 15,780 254 238 46 13.2 0 May 14, 2025 J-GAAP
Apr - Sep, 2025 Results 15,240 487 478 310 88.8 0 Nov 12, 2025 J-GAAP
Revision Rate -3.4% +91.7% +100.8% +573.9% +574.9%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 35,500 1,230 1,190 640 182.9 102 May 14, 2025 J-GAAP
Mar, 2026 New 29,500 810 780 380 108.6 100 Nov 12, 2025 J-GAAP
Revision Rate -16.9% -34.1% -34.5% -40.6% -40.6%

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 19,176 1,129 1,122 797 227.9 100 May 14, 2025 J-GAAP
Oct - Mar, 2025 Guidance 14,260 323 302 70 20.0 100 Nov 12, 2025 J-GAAP
YoY -25.6% -71.4% -73.1% -91.2% -91.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 39,013 1,218 1,189 848 242.7 93 May 15, 2024 J-GAAP
Mar, 2025 35,337 1,552 1,525 1,049 299.9 100 May 14, 2025 J-GAAP
Mar, 2026 Guidance 29,500 810 780 380 108.6 100 Nov 12, 2025 J-GAAP
YoY -16.5% -47.8% -48.9% -63.8% -63.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 8,046 213 200 164 47.0 2.6 Nov 13, 2024 J-GAAP
Oct - Dec, 2024 10,070 579 583 328 93.8 5.7 Feb 14, 2025 J-GAAP
Jan - Mar, 2025 9,106 550 539 469 134.1 6.0 May 14, 2025 J-GAAP
Apr - Jun, 2025 7,212 82 83 46 13.4 1.1 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 8,028 405 395 264 75.6 5.0 Nov 12, 2025 J-GAAP
YoY -0.2% +90.1% +97.5% +61.0% +60.7%

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