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NIPPON SHOKUBAI, Oct-Dec (3Q) Net Income Increases by 33%
4114 NIPPON SHOKUBAI CO., LTD 【IFRS】
Earnings ReportNIPPON SHOKUBAI CO., LTD <4114> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on February 5th (13:00). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2026 (April to December) was 14.3 billion yen, a 2.5% increase compared to the same period last year. Progress toward the full-year plan of 15.0 billion yen was 95.8%, also surpassing the five-year average of 89.2%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income for the January to March period (4Q) is expected to significant drop 81.4% from the same period last year to 0.62 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated net income increased 32.5% from the same period last year, reaching 6.76 billion yen. The operating profit margin improved from 4.7% in the same period last year to 6.2%.
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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 | 292,362 | 14,443 | 14,189 | 9,806 | 62.6 | 90.1 | Feb 6, 2024 | IFRS |
| Apr - Dec, 2024 | 308,620 | 15,202 | 19,169 | 14,026 | 91.6 | 82.6 | Feb 6, 2025 | IFRS |
| Apr - Dec, 2025 | 299,332 | 15,184 | 19,091 | 14,372 | 95.8 | 90.9 | Feb 5, 2026 | IFRS |
| YoY | -3.0% | -0.1% | -0.4% | +2.5% | +4.6% |
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 | 202,470 | 8,607 | 10,775 | 8,469 | 55.5 | 60 | May 13, 2025 | IFRS |
| Oct - Mar, 2025 Guidance | 204,803 | 8,989 | 10,205 | 7,388 | 50.0 | 50 | Nov 7, 2025 | IFRS |
| YoY | +1.2% | +4.4% | -5.3% | -12.8% | -9.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 392,009 | 16,562 | 15,744 | 11,008 | 70.5 | 45 | May 13, 2024 | IFRS |
| Mar, 2025 | 409,346 | 19,062 | 23,203 | 17,394 | 113.9 | 114 | May 13, 2025 | IFRS |
| Mar, 2026 Guidance | 405,000 | 18,000 | 21,000 | 15,000 | 101.5 | 100 | Nov 7, 2025 | IFRS |
| YoY | -1.1% | -5.6% | -9.5% | -13.8% | -10.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 101,744 | 4,747 | 6,741 | 5,101 | 33.3 | 4.7 | Feb 6, 2025 | IFRS |
| Jan - Mar, 2025 | 100,726 | 3,860 | 4,034 | 3,368 | 22.1 | 3.8 | May 13, 2025 | IFRS |
| Apr - Jun, 2025 | 101,247 | 4,295 | 6,283 | 4,434 | 29.3 | 4.2 | Aug 7, 2025 | IFRS |
| Jul - Sep, 2025 | 98,950 | 4,716 | 4,512 | 3,178 | 21.1 | 4.8 | Nov 7, 2025 | IFRS |
| Oct - Dec, 2025 | 99,135 | 6,173 | 8,296 | 6,760 | 45.1 | 6.2 | Feb 5, 2026 | IFRS |
| YoY | -2.6% | +30.0% | +23.1% | +32.5% | +35.3% |
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