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NICHIDEN, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 2%, Oct-Dec Ordinary Profit Decreases by 16%
9902 NICHIDEN Corporation 【J-GAAP】
Earnings ReportNICHIDEN Corporation <9902> [TSE Prime] announced its financial results in the afternoon session on February 3rd (13:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) was 5.12 billion yen, a 2.4% decrease compared to the same period last year. Progress toward the full-year plan of 7.20 billion yen was 71.1%, also falling below the five-year average of 73.4%.
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 grow 6.6% from the same period last year, reaching 2.08 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 1.87 billion yen, a 16.1% decrease compared to the same period last year. The operating profit margin worsened from 5.5% in the same period last year to 4.7%.
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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 | 94,659 | 4,553 | 5,012 | 3,677 | 118.9 | 77.9 | Feb 2, 2024 | J-GAAP |
| Apr - Dec, 2024 | 100,008 | 4,826 | 5,248 | 3,524 | 118.1 | 72.9 | Feb 3, 2025 | J-GAAP |
| Apr - Dec, 2025 | 102,843 | 4,460 | 5,120 | 3,424 | 116.0 | 71.1 | Feb 3, 2026 | J-GAAP |
| YoY | +2.8% | -7.6% | -2.4% | -2.8% | -1.8% |
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 | 69,827 | 3,913 | 4,182 | 2,872 | 96.5 | 45 | May 8, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 72,720 | 3,896 | 3,950 | 2,710 | 91.8 | 35 | Nov 5, 2025 | J-GAAP |
| YoY | +4.1% | -0.4% | -5.5% | -5.6% | -4.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 126,912 | 5,809 | 6,431 | 4,674 | 151.8 | 65 | May 8, 2024 | J-GAAP |
| Mar, 2025 | 134,771 | 6,824 | 7,200 | 4,892 | 164.3 | 75 | May 8, 2025 | J-GAAP |
| Mar, 2026 Guidance | 140,000 | 6,700 | 7,200 | 4,900 | 165.9 | 70 | May 8, 2025 | J-GAAP |
| YoY | +3.9% | -1.8% | 0.0% | +0.2% | +1.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 35,064 | 1,915 | 2,230 | 1,504 | 50.4 | 5.5 | Feb 3, 2025 | J-GAAP |
| Jan - Mar, 2025 | 34,763 | 1,998 | 1,952 | 1,368 | 46.0 | 5.7 | May 8, 2025 | J-GAAP |
| Apr - Jun, 2025 | 33,265 | 1,286 | 1,512 | 1,025 | 34.7 | 3.9 | Aug 1, 2025 | J-GAAP |
| Jul - Sep, 2025 | 34,015 | 1,518 | 1,738 | 1,165 | 39.5 | 4.5 | Nov 5, 2025 | J-GAAP |
| Oct - Dec, 2025 | 35,563 | 1,656 | 1,870 | 1,234 | 41.8 | 4.7 | Feb 3, 2026 | J-GAAP |
| YoY | +1.4% | -13.5% | -16.1% | -18.0% | -17.1% |
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