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NIPPON SHARYO, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 54%, Oct-Dec Ordinary Profit Increases by 2.2 times
7102 NIPPON SHARYO, LTD. 【J-GAAP】
Earnings ReportNIPPON SHARYO, LTD. <7102> [TSE Prime] announced its financial results after the market closed on January 30th (15:40). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 7.63 billion yen, an increase 54.1% compared to the same period last year. Progress toward the full-year plan of 8.60 billion yen was 88.8%, also surpassing the five-year average of 62.0%.
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 significant drop 58.8% from the same period last year to 0.96 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit surged 2.2 times that of the same period last year, reaching 3.37 billion yen. The operating profit margin drastically improved from 5.4% in the same period last year to 12.8%.
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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 | 58,937 | 4,111 | 4,353 | 3,614 | 250.4 | 69.0 | Jan 29, 2024 | J-GAAP |
| Apr - Dec, 2024 | 70,873 | 4,598 | 4,955 | 4,011 | 278.0 | 67.9 | Jan 31, 2025 | J-GAAP |
| Apr - Dec, 2025 | 71,820 | 7,275 | 7,636 | 8,628 | 598.0 | 88.8 | Jan 30, 2026 | J-GAAP |
| YoY | +1.3% | +58.2% | +54.1% | +115.1% | +115.1% |
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 | 50,789 | 3,711 | 3,878 | 3,497 | 242.3 | 20 | Apr 28, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 51,443 | 4,162 | 4,337 | 2,244 | 155.5 | 20 | Oct 28, 2025 | J-GAAP |
| YoY | +1.3% | +12.2% | +11.8% | -35.8% | -35.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 88,058 | 6,060 | 6,306 | 5,381 | 372.9 | 25 | Apr 26, 2024 | J-GAAP |
| Mar, 2025 | 96,340 | 6,935 | 7,297 | 6,416 | 444.6 | 35 | Apr 28, 2025 | J-GAAP |
| Mar, 2026 Guidance | 98,000 | 8,200 | 8,600 | 8,000 | 554.4 | 40 | Oct 28, 2025 | J-GAAP |
| YoY | +1.7% | +18.2% | +17.9% | +24.7% | +24.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 25,322 | 1,374 | 1,536 | 1,092 | 75.7 | 5.4 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 25,467 | 2,337 | 2,342 | 2,405 | 166.7 | 9.2 | Apr 28, 2025 | J-GAAP |
| Apr - Jun, 2025 | 23,227 | 1,571 | 1,759 | 1,324 | 91.8 | 6.8 | Jul 28, 2025 | J-GAAP |
| Jul - Sep, 2025 | 23,330 | 2,467 | 2,504 | 4,432 | 307.2 | 10.6 | Oct 28, 2025 | J-GAAP |
| Oct - Dec, 2025 | 25,263 | 3,237 | 3,373 | 2,872 | 199.1 | 12.8 | Jan 30, 2026 | J-GAAP |
| YoY | -0.2% | +135.6% | +119.6% | +163.0% | +163.0% |
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