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NEC Capital Solutions, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 4%, Oct-Dec Ordinary Profit Decreases by 4%
8793 NEC Capital Solutions Limited 【J-GAAP】
Earnings ReportNEC Capital Solutions Limited <8793> [TSE Prime] announced its financial results after the market closed on January 29th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 4.3% from the same period last year, reaching 8.62 billion yen. However, Progress toward the full-year plan of 16.0 billion yen was 53.9%, also falling below the five-year average of 76.6%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to surge 6.3 times that of the same period last year, reaching 7.37 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 2.80 billion yen, a 4.2% decrease compared to the same period last year. However, the operating profit margin improved from 2.5% in the same period last year to 3.3%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 187,559 | 7,256 | 6,921 | 3,510 | 163.0 | 58.6 | Jan 30, 2024 | J-GAAP |
| Apr - Dec, 2024 | 189,538 | 6,405 | 8,268 | 5,932 | 275.4 | 87.6 | Jan 31, 2025 | J-GAAP |
| Apr - Dec, 2025 | 206,976 | 7,103 | 8,625 | 6,728 | 312.3 | 53.9 | Jan 29, 2026 | J-GAAP |
| YoY | +9.2% | +10.9% | +4.3% | +13.4% | +13.4% |
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 | 131,147 | 3,049 | 4,100 | 3,227 | 149.8 | 75 | Apr 25, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 161,529 | 10,840 | 10,182 | 5,488 | 254.7 | 75 | Oct 30, 2025 | J-GAAP |
| YoY | +23.2% | +255.5% | +148.3% | +70.1% | +70.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 255,857 | 11,694 | 11,818 | 7,034 | 326.7 | 130 | Apr 26, 2024 | J-GAAP |
| Mar, 2025 | 254,879 | 7,782 | 9,437 | 6,611 | 307.0 | 150 | Apr 25, 2025 | J-GAAP |
| Mar, 2026 Guidance | 295,000 | 15,500 | 16,000 | 10,000 | 464.2 | 150 | Apr 25, 2025 | J-GAAP |
| YoY | +15.7% | +99.2% | +69.5% | +51.3% | +51.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 65,806 | 1,672 | 2,931 | 2,548 | 118.3 | 2.5 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 65,341 | 1,377 | 1,169 | 679 | 31.5 | 2.1 | Apr 25, 2025 | J-GAAP |
| Apr - Jun, 2025 | 65,043 | 2,422 | 3,006 | 2,182 | 101.3 | 3.7 | Jul 30, 2025 | J-GAAP |
| Jul - Sep, 2025 | 68,428 | 2,238 | 2,812 | 2,330 | 108.2 | 3.3 | Oct 30, 2025 | J-GAAP |
| Oct - Dec, 2025 | 73,505 | 2,443 | 2,807 | 2,216 | 102.9 | 3.3 | Jan 29, 2026 | J-GAAP |
| YoY | +11.7% | +46.1% | -4.2% | -13.0% | -13.1% |
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