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Nippon Tungsten, Oct-Dec (3Q) Ordinary Profit Increases by 24%
6998 Nippon Tungsten Co.,Ltd. 【J-GAAP】
Earnings ReportNippon Tungsten Co.,Ltd. <6998> [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) was 757 million yen, a 2.7% decrease compared to the same period last year. Progress toward the full-year plan of 960 million yen was 78.9%, also surpassing the five-year average of 75.7%.
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 16.7% from the same period last year, reaching 203 million yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 24.3% from the same period last year, reaching 317 million yen. The operating profit margin improved from 5.2% in the same period last year to 5.6%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 8,374 | 383 | 605 | 485 | 100.4 | 77.0 | Feb 9, 2024 | J-GAAP |
| Apr - Dec, 2024 | 9,331 | 554 | 778 | 543 | 112.2 | 81.7 | Feb 6, 2025 | J-GAAP |
| Apr - Dec, 2025 | 9,263 | 477 | 757 | 543 | 112.0 | 78.9 | Feb 5, 2026 | J-GAAP |
| YoY | -0.7% | -13.9% | -2.7% | 0.0% | -0.2% |
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 | 6,083 | 292 | 429 | 322 | 66.5 | 25 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 6,750 | 403 | 520 | 396 | 81.5 | 25 | Nov 13, 2025 | J-GAAP |
| YoY | +11.0% | +38.0% | +21.2% | +23.0% | +22.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 11,464 | 476 | 786 | 527 | 108.9 | 50 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 12,392 | 689 | 952 | 676 | 139.6 | 50 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 12,800 | 700 | 960 | 700 | 144.1 | 50 | May 14, 2025 | J-GAAP |
| YoY | +3.3% | +1.6% | +0.8% | +3.6% | +3.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 3,022 | 157 | 255 | 189 | 39.1 | 5.2 | Feb 6, 2025 | J-GAAP |
| Jan - Mar, 2025 | 3,061 | 135 | 174 | 133 | 27.5 | 4.4 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 3,134 | 205 | 268 | 181 | 37.4 | 6.5 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 2,916 | 92 | 172 | 123 | 25.4 | 3.2 | Nov 13, 2025 | J-GAAP |
| Oct - Dec, 2025 | 3,213 | 180 | 317 | 239 | 49.3 | 5.6 | Feb 5, 2026 | J-GAAP |
| YoY | +6.3% | +14.6% | +24.3% | +26.5% | +26.2% |
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