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NITTOC CONSTRUCTION, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 86%, Oct-Dec Ordinary Profit Increases by 38%
1929 NITTOC CONSTRUCTION CO.,LTD. 【J-GAAP】
Earnings ReportNITTOC CONSTRUCTION CO.,LTD. <1929> [TSE Prime] announced its financial results in the afternoon session on February 9th (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 4.61 billion yen, an increase 86.2% compared to the same period last year. Progress toward the full-year plan of 5.00 billion yen was 92.4%, also surpassing the five-year average of 75.3%.
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 significant drop 70.2% from the same period last year to 0.38 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 37.7% from the same period last year, reaching 2.75 billion yen. The operating profit margin improved from 9.7% in the same period last year to 11.2%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 54,874 | 3,601 | 3,630 | 2,444 | 58.6 | 82.6 | Feb 8, 2024 | J-GAAP |
| Apr - Dec, 2024 | 49,760 | 2,369 | 2,480 | 1,546 | 37.1 | 65.9 | Feb 7, 2025 | J-GAAP |
| Apr - Dec, 2025 | 61,200 | 4,420 | 4,618 | 3,038 | 72.8 | 92.4 | Feb 9, 2026 | J-GAAP |
| YoY | +23.0% | +86.6% | +86.2% | +96.5% | +96.4% |
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 | 37,180 | 3,226 | 3,282 | 2,173 | 52.1 | 26 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 38,336 | 3,206 | 3,134 | 2,168 | 51.9 | 27 | Nov 10, 2025 | J-GAAP |
| YoY | +3.1% | -0.6% | -4.5% | -0.2% | -0.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 71,880 | 4,356 | 4,397 | 3,066 | 73.5 | 47 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 67,216 | 3,679 | 3,764 | 2,408 | 57.7 | 48 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 76,000 | 5,000 | 5,000 | 3,350 | 80.2 | 49 | May 9, 2025 | J-GAAP |
| YoY | +13.1% | +35.9% | +32.8% | +39.1% | +39.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 19,724 | 1,916 | 1,998 | 1,311 | 31.4 | 9.7 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 17,456 | 1,310 | 1,284 | 862 | 20.7 | 7.5 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 17,297 | 503 | 567 | 362 | 8.7 | 2.9 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 20,367 | 1,291 | 1,299 | 820 | 19.7 | 6.3 | Nov 10, 2025 | J-GAAP |
| Oct - Dec, 2025 | 23,536 | 2,626 | 2,752 | 1,856 | 44.5 | 11.2 | Feb 9, 2026 | J-GAAP |
| YoY | +19.3% | +37.1% | +37.7% | +41.6% | +41.5% |
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