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NICHIA STEEL WORKS, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 3%, Oct-Dec Ordinary Profit Increases by 25%
5658 NICHIA STEEL WORKS,LTD. 【J-GAAP】
Earnings ReportNICHIA STEEL WORKS,LTD. <5658> [TSE Std] announced its financial results in the afternoon session on January 30th (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 3.4% from the same period last year, reaching 1.69 billion yen. Progress toward the full-year plan of 2.00 billion yen was 84.7%, also surpassing the five-year average of 72.5%.
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 drop 38.8% from the same period last year to 0.30 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 24.9% from the same period last year, reaching 0.87 billion yen. The operating profit margin improved from 5.1% in the same period last year to 5.6%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 25,861 | 952 | 1,388 | 784 | 16.3 | 65.3 | Jan 31, 2024 | J-GAAP |
| Apr - Dec, 2024 | 25,663 | 1,110 | 1,638 | 748 | 15.8 | 76.5 | Jan 31, 2025 | J-GAAP |
| Apr - Dec, 2025 | 25,233 | 943 | 1,693 | 514 | 11.2 | 84.7 | Jan 30, 2026 | J-GAAP |
| YoY | -1.7% | -15.0% | +3.4% | -31.3% | -29.1% |
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 | 17,235 | 683 | 1,201 | 597 | 12.6 | 6 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 17,756 | 797 | 1,180 | 920 | 20.3 | 6 | Nov 13, 2025 | J-GAAP |
| YoY | +3.0% | +16.7% | -1.7% | +54.1% | +61.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 34,497 | 1,335 | 2,124 | 1,258 | 26.2 | 10 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 34,126 | 1,349 | 2,140 | 1,065 | 22.5 | 10 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 34,300 | 1,250 | 2,000 | 900 | 19.9 | 10 | Nov 13, 2025 | J-GAAP |
| YoY | +0.5% | -7.3% | -6.5% | -15.5% | -11.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 8,772 | 444 | 699 | 280 | 5.9 | 5.1 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 8,463 | 239 | 502 | 317 | 6.7 | 2.8 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 8,225 | 218 | 492 | 291 | 6.2 | 2.7 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 8,319 | 235 | 328 | -311 | -6.8 | 2.8 | Nov 13, 2025 | J-GAAP |
| Oct - Dec, 2025 | 8,689 | 490 | 873 | 534 | 11.6 | 5.6 | Jan 30, 2026 | J-GAAP |
| YoY | -0.9% | +10.4% | +24.9% | +90.7% | +96.6% |
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