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NANSIN, Ordinary Profit Forecast for the Fiscal Year Revised Downward by 13%

Fri Feb 6, 2026 4:00 pm JST Earnings

7399 NANSIN CO., LTD. 【J-GAAP】

Earnings Report

NANSIN CO., LTD. <7399> [TSE Std] announced its financial results after the market closed on February 6th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) surged 4.2 times that of the same period last year, reaching 186 million yen.

However, the full-year forecast for consolidated ordinary profit has decreased 12.5%, from the previous forecast of 400 million yen to 350 million yen (compared to 246 million yen in the previous period), leading to a reduction in the profit growth rate from 62.6% to 42.3%.

Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) has decreased 16.0%, from the previous forecast of 312 million yen to 262 million yen (compared to 334 million yen in the same period of the previous year), leading to an increase in the profit decline rate from 6.6% to 21.6%.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 98 million yen, a 25.8% decrease compared to the same period last year. However, the operating profit margin improved from 3.5% in the same period last year to 3.9%.

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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 6,470 162 203 126 18.9 82.5 Feb 8, 2024 J-GAAP
Apr - Dec, 2024 7,228 -29 44 10 1.6 17.9 Feb 7, 2025 J-GAAP
Apr - Dec, 2025 7,236 130 186 198 29.6 53.1 Feb 6, 2026 J-GAAP
YoY +0.1% － +322.7% +1,880.0% +1,761.6%

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 5,276 367 312 337 50.4 10 Nov 7, 2025 J-GAAP
Oct - Mar, 2025 New 4,976 247 262 337 50.4 10 Feb 6, 2026 J-GAAP
Revision Rate -5.7% -32.7% -16.0% 0.0% 0.0%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 10,000 400 400 300 44.9 20 May 9, 2025 J-GAAP
Mar, 2026 New 9,700 280 350 300 44.9 20 Feb 6, 2026 J-GAAP
Revision Rate -3.0% -30.0% -12.5% 0.0% 0.0%

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 5,085 239 334 284 42.8 10 May 9, 2025 J-GAAP
Oct - Mar, 2025 Guidance 4,976 247 262 337 50.4 10 Feb 6, 2026 J-GAAP
YoY -2.1% +3.3% -21.6% +18.7% +18.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 8,915 199 246 155 23.3 20 May 10, 2024 J-GAAP
Mar, 2025 9,818 122 246 212 31.9 20 May 9, 2025 J-GAAP
Mar, 2026 Guidance 9,700 280 350 300 44.9 20 Feb 6, 2026 J-GAAP
YoY -1.2% +129.5% +42.3% +41.5% +40.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 2,495 88 132 82 13.0 3.5 Feb 7, 2025 J-GAAP
Jan - Mar, 2025 2,590 151 202 202 30.4 5.8 May 9, 2025 J-GAAP
Apr - Jun, 2025 2,308 -6 27 16 2.5 -0.3 Aug 7, 2025 J-GAAP
Jul - Sep, 2025 2,416 39 61 -53 -7.9 1.6 Nov 7, 2025 J-GAAP
Oct - Dec, 2025 2,512 97 98 235 35.1 3.9 Feb 6, 2026 J-GAAP
YoY +0.7% +10.2% -25.8% +186.6% +169.4%

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