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Nippon Care Supply, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 21%
2393 Nippon Care Supply Co.,Ltd. 【J-GAAP】
Earnings ReportNippon Care Supply Co.,Ltd. <2393> [TSE Std] announced its financial results after the market closed on January 30th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 29.5% from the same period last year, reaching 2.42 billion yen.
In addition, the full-year forecast for consolidated ordinary profit has been revised upward 20.8%, from the previous forecast of 2.65 billion yen to 3.20 billion yen (compared to 2.48 billion yen in the previous period), increasing the growth rate from 6.6% to 28.8%.
Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) is expected to increase 50.9%, from the previous forecast of 1.08 billion yen to 1.63 billion yen (compared to 1.31 billion yen in the same period of the previous year), turning to a 24.0% increase in the consolidated ordinary profit outlook.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 21.7% from the same period last year, reaching 0.85 billion yen. The operating profit margin improved from 8.5% in the same period last year to 9.6%.
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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 | 21,096 | 1,583 | 1,605 | 1,064 | 68.5 | 73.0 | Jan 30, 2024 | J-GAAP |
| Apr - Dec, 2024 | 23,847 | 1,845 | 1,876 | 1,247 | 80.3 | 75.5 | Jan 31, 2025 | J-GAAP |
| Apr - Dec, 2025 | 25,941 | 2,397 | 2,429 | 1,620 | 104.3 | 75.9 | Jan 30, 2026 | J-GAAP |
| YoY | +8.8% | +29.9% | +29.5% | +29.9% | +29.9% |
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2025 Prev | 17,412 | 1,100 | 1,080 | 854 | 55.0 | 72 | Oct 29, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 17,912 | 1,600 | 1,630 | 1,154 | 74.3 | 72 | Jan 30, 2026 | J-GAAP |
| Revision Rate | +2.9% | +45.5% | +50.9% | +35.1% | +35.1% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 34,500 | 2,650 | 2,650 | 1,900 | 122.3 | 72 | May 8, 2025 | J-GAAP |
| Mar, 2026 New | 35,000 | 3,150 | 3,200 | 2,200 | 141.6 | 72 | Jan 30, 2026 | J-GAAP |
| Revision Rate | +1.4% | +18.9% | +20.8% | +15.8% | +15.8% |
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 | 16,333 | 1,308 | 1,315 | 1,016 | 65.4 | 70 | May 8, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 17,912 | 1,600 | 1,630 | 1,154 | 74.3 | 72 | Jan 30, 2026 | J-GAAP |
| YoY | +9.7% | +22.3% | +24.0% | +13.6% | +13.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 28,592 | 2,173 | 2,200 | 1,578 | 101.6 | 70 | May 8, 2024 | J-GAAP |
| Mar, 2025 | 32,006 | 2,459 | 2,485 | 1,792 | 115.4 | 70 | May 8, 2025 | J-GAAP |
| Mar, 2026 Guidance | 35,000 | 3,150 | 3,200 | 2,200 | 141.6 | 72 | Jan 30, 2026 | J-GAAP |
| YoY | +9.4% | +28.1% | +28.8% | +22.8% | +22.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 8,174 | 694 | 706 | 471 | 30.3 | 8.5 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 8,159 | 614 | 609 | 545 | 35.1 | 7.5 | May 8, 2025 | J-GAAP |
| Apr - Jun, 2025 | 8,499 | 687 | 698 | 464 | 29.9 | 8.1 | Jul 30, 2025 | J-GAAP |
| Jul - Sep, 2025 | 8,589 | 863 | 872 | 582 | 37.5 | 10.0 | Oct 29, 2025 | J-GAAP |
| Oct - Dec, 2025 | 8,853 | 847 | 859 | 574 | 37.0 | 9.6 | Jan 30, 2026 | J-GAAP |
| YoY | +8.3% | +22.0% | +21.7% | +21.9% | +21.9% |
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