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NIHON DENKEI, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 12%, Oct-Dec Ordinary Profit Increases by 27%
9908 NIHON DENKEI CO.,LTD. 【J-GAAP】
Earnings ReportNIHON DENKEI CO.,LTD. <9908> [TSE Std] announced its financial results in the afternoon session on February 6th (13:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 12.0% from the same period last year, reaching 3.04 billion yen. Progress toward the full-year plan of 4.50 billion yen was 67.7%, exceeding the five-year average of 58.0%.
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 decrease 27.8% from the same period last year to 1.45 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 26.6% from the same period last year, reaching 1.82 billion yen. The operating profit margin improved from 4.4% in the same period last year to 4.9%.
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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 | 73,403 | 2,607 | 2,812 | 1,998 | 172.9 | 58.5 | Feb 8, 2024 | J-GAAP |
| Apr - Dec, 2024 | 76,772 | 2,613 | 2,719 | 1,761 | 154.4 | 57.4 | Feb 7, 2025 | J-GAAP |
| Apr - Dec, 2025 | 86,779 | 2,945 | 3,046 | 2,088 | 184.7 | 67.7 | Feb 6, 2026 | J-GAAP |
| YoY | +13.0% | +12.7% | +12.0% | +18.6% | +19.6% |
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 | 72,856 | 3,363 | 3,457 | 2,228 | 195.5 | 47 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 71,681 | 3,254 | 3,280 | 2,252 | 199.2 | 47 | Nov 10, 2025 | J-GAAP |
| YoY | -1.6% | -3.2% | -5.1% | +1.1% | +1.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 108,539 | 4,431 | 4,809 | 2,947 | 255.5 | 80 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 121,235 | 4,738 | 4,734 | 2,973 | 260.9 | 87 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 124,000 | 4,500 | 4,500 | 3,000 | 265.4 | 90 | May 9, 2025 | J-GAAP |
| YoY | +2.3% | -5.0% | -4.9% | +0.9% | +1.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 28,393 | 1,238 | 1,442 | 1,016 | 89.1 | 4.4 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 44,463 | 2,125 | 2,015 | 1,212 | 106.3 | 4.8 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 24,293 | 331 | 252 | 35 | 3.1 | 1.4 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 28,026 | 915 | 968 | 713 | 63.1 | 3.3 | Nov 10, 2025 | J-GAAP |
| Oct - Dec, 2025 | 34,460 | 1,699 | 1,826 | 1,340 | 118.5 | 4.9 | Feb 6, 2026 | J-GAAP |
| YoY | +21.4% | +37.2% | +26.6% | +31.9% | +33.0% |
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