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NAC CO, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 43%, Oct-Dec Ordinary Profit Decreases by 43%
9788 NAC CO .,LTD. 【J-GAAP】
Earnings ReportNAC CO .,LTD. <9788> [TSE Prime] announced its financial results after the market closed on February 6th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) dropped 43.2% from the same period last year to 1.29 billion yen. Progress toward the full-year plan of 2.90 billion yen was 44.5%, also falling below the five-year average of 62.5%.
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 surge 2.2 times that of the same period last year, reaching 1.60 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit dropped to 0.86 billion yen, a 43.3% decrease compared to the same period last year. The operating profit margin drastically worsened from 9.1% in the same period last year to 5.8%.
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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 | 39,735 | 1,475 | 1,546 | 824 | 19.0 | 64.7 | Feb 9, 2024 | J-GAAP |
| Apr - Dec, 2024 | 44,390 | 2,268 | 2,274 | 1,068 | 24.8 | 75.3 | Feb 7, 2025 | J-GAAP |
| Apr - Dec, 2025 | 42,229 | 1,281 | 1,291 | 818 | 19.6 | 44.5 | Feb 6, 2026 | J-GAAP |
| YoY | -4.9% | -43.5% | -43.2% | -23.4% | -21.0% |
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 | 31,955 | 2,244 | 2,264 | 1,258 | 29.3 | 17 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 34,617 | 2,481 | 2,471 | 1,619 | 38.7 | 17 | Nov 7, 2025 | J-GAAP |
| YoY | +8.3% | +10.6% | +9.1% | +28.7% | +31.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 54,433 | 2,298 | 2,390 | 1,436 | 33.2 | 21 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 59,791 | 3,007 | 3,019 | 1,365 | 31.8 | 22 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 62,000 | 2,900 | 2,900 | 1,900 | 45.4 | 22 | May 15, 2025 | J-GAAP |
| YoY | +3.7% | -3.6% | -3.9% | +39.2% | +42.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 16,554 | 1,505 | 1,519 | 961 | 22.3 | 9.1 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 15,401 | 739 | 745 | 297 | 6.9 | 4.8 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 13,075 | -42 | -26 | -25 | -0.6 | -0.3 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 14,308 | 461 | 455 | 306 | 7.3 | 3.2 | Nov 7, 2025 | J-GAAP |
| Oct - Dec, 2025 | 14,846 | 862 | 862 | 537 | 12.9 | 5.8 | Feb 6, 2026 | J-GAAP |
| YoY | -10.3% | -42.7% | -43.3% | -44.1% | -42.4% |
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