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NIHON NOHYAKU, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 91%, Oct-Dec Ordinary Profit Decreases by 53%
4997 NIHON NOHYAKU CO., LTD. 【J-GAAP】
Earnings ReportNIHON NOHYAKU CO., LTD. <4997> [TSE Prime] announced its financial results in the afternoon session on February 9th (14:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 5.85 billion yen, an increase 91.3% compared to the same period last year. Progress toward the full-year plan of 8.00 billion yen was 73.2%, exceeding the five-year average of 42.4%.
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 drop 46.7% from the same period last year to 2.14 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit significantly dropped to 1.19 billion yen, a 53.0% decrease compared to the same period last year. The operating profit margin sharply declined from 11.7% in the same period last year to 5.1%.
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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 | 63,290 | 2,555 | 1,782 | 1,460 | 18.6 | 30.0 | Feb 8, 2024 | J-GAAP |
| Apr - Dec, 2024 | 61,374 | 3,639 | 3,061 | 2,104 | 26.8 | 43.2 | Feb 10, 2025 | J-GAAP |
| Apr - Dec, 2025 | 70,360 | 5,844 | 5,856 | 3,989 | 51.0 | 73.2 | Feb 9, 2026 | J-GAAP |
| YoY | +14.6% | +60.6% | +91.3% | +89.6% | +89.9% |
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 | 60,837 | 7,547 | 6,567 | 1,736 | 22.2 | 12 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 61,590 | 4,513 | 3,339 | 2,028 | 25.9 | 15 | Nov 10, 2025 | J-GAAP |
| YoY | +1.2% | -40.2% | -49.2% | +16.8% | +16.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 103,033 | 7,438 | 5,932 | 4,777 | 60.9 | 18 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 99,966 | 8,576 | 7,086 | 2,356 | 30.1 | 22 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 109,300 | 9,200 | 8,000 | 5,400 | 68.9 | 27 | Nov 10, 2025 | J-GAAP |
| YoY | +9.3% | +7.3% | +12.9% | +129.2% | +129.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 22,245 | 2,610 | 2,542 | 1,484 | 18.9 | 11.7 | Feb 10, 2025 | J-GAAP |
| Jan - Mar, 2025 | 38,592 | 4,937 | 4,025 | 252 | 3.2 | 12.8 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 27,133 | 3,542 | 3,425 | 2,709 | 34.6 | 13.1 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 20,577 | 1,145 | 1,236 | 663 | 8.5 | 5.6 | Nov 10, 2025 | J-GAAP |
| Oct - Dec, 2025 | 22,650 | 1,157 | 1,195 | 617 | 7.9 | 5.1 | Feb 9, 2026 | J-GAAP |
| YoY | +1.8% | -55.7% | -53.0% | -58.4% | -58.4% |
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