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Nippon Dry-Chemical, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 23%, Raises Record High Profit Forecast

Thu Feb 5, 2026 4:00 pm JST Earnings

1909 Nippon Dry-Chemical CO.,LTD. 【J-GAAP】

Earnings Report

Nippon Dry-Chemical CO.,LTD. <1909> [TSE Std] announced its financial results after the market closed on February 5th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 6.32 billion yen, an increase 66.9% compared to the same period last year.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 23.3%, from the previous forecast of 6.00 billion yen to 7.40 billion yen (compared to 5.81 billion yen in the previous period), increasing the growth rate from 3.1% to 27.2%, further surpassing the previous forecast of record-high profits for four consecutive terms.

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 57.6%, from the previous forecast of 2.42 billion yen to 3.82 billion yen (compared to 3.61 billion yen in the same period of the previous year), turning to a 5.9% increase in the consolidated ordinary profit outlook.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 73.2% from the same period last year, reaching 2.75 billion yen. The operating profit margin rose from 12.3% in the same period last year to 15.7%.

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Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2023 38,604 3,228 3,527 2,066 301.2 68.1 Feb 9, 2024 J-GAAP
Apr - Dec, 2024 37,515 3,905 3,792 2,612 389.8 65.2 Feb 12, 2025 J-GAAP
Apr - Dec, 2025 43,007 5,965 6,328 4,105 612.5 85.5 Feb 5, 2026 J-GAAP
YoY +14.6% +52.8% +66.9% +57.2% +57.1%

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 29,898 2,813 2,429 1,813 270.5 55 Nov 11, 2025 J-GAAP
Oct - Mar, 2025 New 32,098 3,913 3,829 2,813 419.6 55 Feb 5, 2026 J-GAAP
Revision Rate +7.4% +39.1% +57.6% +55.2% +55.2%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 56,500 6,200 6,000 4,000 596.7 90 May 13, 2025 J-GAAP
Mar, 2026 New 58,700 7,300 7,400 5,000 745.9 90 Feb 5, 2026 J-GAAP
Revision Rate +3.9% +17.7% +23.3% +25.0% +25.0%

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 32,053 3,928 3,617 2,433 363.1 55 May 13, 2025 J-GAAP
Oct - Mar, 2025 Guidance 32,098 3,913 3,829 2,813 419.6 55 Feb 5, 2026 J-GAAP
YoY +0.1% -0.4% +5.9% +15.6% +15.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 55,878 4,775 5,180 3,287 481.5 50 May 13, 2024 J-GAAP
Mar, 2025 55,727 6,128 5,817 3,958 590.7 70 May 13, 2025 J-GAAP
Mar, 2026 Guidance 58,700 7,300 7,400 5,000 745.9 90 Feb 5, 2026 J-GAAP
YoY +5.3% +19.1% +27.2% +26.3% +26.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 13,841 1,705 1,592 1,087 162.2 12.3 Feb 12, 2025 J-GAAP
Jan - Mar, 2025 18,212 2,223 2,025 1,346 200.9 12.2 May 13, 2025 J-GAAP
Apr - Jun, 2025 12,829 1,448 1,646 1,000 149.4 11.3 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 13,773 1,939 1,925 1,187 177.2 14.1 Nov 11, 2025 J-GAAP
Oct - Dec, 2025 16,405 2,578 2,757 1,918 286.2 15.7 Feb 5, 2026 J-GAAP
YoY +18.5% +51.2% +73.2% +76.4% +76.4%

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