kabutan

Nissui, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 15%, Raises Record High Profit Forecast, Dividend Revised Upward by 4 Yen

Fri Feb 6, 2026 12:00 pm JST Earnings

1332 Nissui Corporation 【J-GAAP】

Earnings Report

Nissui Corporation <1332> [TSE Prime] announced its financial results at noon (12:00) on February 6th. The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 21.1% from the same period last year, reaching 33.7 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 15.5%, from the previous forecast of 35.5 billion yen to 41.0 billion yen (compared to 35.3 billion yen in the previous period), increasing the growth rate from 0.6% to 16.1%, further surpassing the previous forecast of record-high profits for two 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 38.5%, from the previous forecast of 14.2 billion yen to 19.7 billion yen (compared to 16.2 billion yen in the same period of the previous year), turning to a 22.0% increase in the consolidated ordinary profit outlook.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 28 yen to 32 yen (compared to 28 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 42.6% from the same period last year, reaching 12.5 billion yen. The operating profit margin improved from 3.4% in the same period last year to 4.9%.

Kabutan News

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 625,481 26,355 27,780 20,293 65.2 86.9 Feb 6, 2024 J-GAAP
Apr - Dec, 2024 663,337 24,840 27,907 19,578 63.0 79.1 Feb 7, 2025 J-GAAP
Apr - Dec, 2025 689,755 31,418 33,791 22,346 73.1 82.4 Feb 6, 2026 J-GAAP
YoY +4.0% +26.5% +21.1% +14.1% +16.0%

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 447,057 14,709 14,287 10,704 35.3 14 Nov 6, 2025 J-GAAP
Oct - Mar, 2025 New 475,057 18,209 19,787 13,204 43.5 18 Feb 6, 2026 J-GAAP
Revision Rate +6.3% +23.8% +38.5% +23.4% +23.4%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 900,000 34,500 35,500 25,000 82.4 28 May 14, 2025 J-GAAP
Mar, 2026 New 928,000 38,000 41,000 27,500 90.7 32 Feb 6, 2026 J-GAAP
Revision Rate +3.1% +10.1% +15.5% +10.0% +10.0%

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 445,444 14,503 16,216 12,805 41.2 16 May 14, 2025 J-GAAP
Oct - Mar, 2025 Guidance 475,057 18,209 19,787 13,204 43.5 18 Feb 6, 2026 J-GAAP
YoY +6.6% +25.6% +22.0% +3.1% +5.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 831,375 29,663 31,963 23,850 76.7 24 May 14, 2024 J-GAAP
Mar, 2025 886,126 31,779 35,301 25,381 81.7 28 May 14, 2025 J-GAAP
Mar, 2026 Guidance 928,000 38,000 41,000 27,500 90.7 32 Feb 6, 2026 J-GAAP
YoY +4.7% +19.6% +16.1% +8.3% +11.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 222,655 7,564 8,822 7,002 22.5 3.4 Feb 7, 2025 J-GAAP
Jan - Mar, 2025 222,789 6,939 7,394 5,803 18.7 3.1 May 14, 2025 J-GAAP
Apr - Jun, 2025 225,485 10,281 10,268 6,508 20.9 4.6 Aug 5, 2025 J-GAAP
Jul - Sep, 2025 227,458 9,510 10,945 7,788 25.4 4.2 Nov 6, 2025 J-GAAP
Oct - Dec, 2025 236,812 11,627 12,578 8,050 26.3 4.9 Feb 6, 2026 J-GAAP
YoY +6.4% +53.7% +42.6% +15.0% +16.9%

Related Articles