kabutan
N225

69,268.20

+4.92%

TOPIX

3,998.23

+3.00%

USDJPY

160.09

-0.08%

Nishimatsu Construction , Ordinary Profit Forecast for the Fiscal Year Revised Upward by 4%

Thu Feb 12, 2026 9:00 am JST Earnings

1820 Nishimatsu Construction Co., Ltd. 【J-GAAP】

Earnings Report

Nishimatsu Construction Co., Ltd. <1820> [TSE Prime] announced its financial results in the morning on February 12th (09:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 18.9% from the same period last year, reaching 16.6 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 4.2%, from the previous forecast of 24.0 billion yen to 25.0 billion yen (compared to 20.2 billion yen in the previous period), increasing the growth rate from 18.7% to 23.6%.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) is expected to increase 6.6%, from the previous forecast of 15.2 billion yen to 16.2 billion yen (compared to 11.8 billion yen in the same period of the previous year), increasing the growth rate from 28.0% to 36.4%.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 39.0% from the same period last year, reaching 7.83 billion yen. The operating profit margin improved from 5.7% in the same period last year to 7.6%.

Kabutan News

Actual Performance and Financial Trends

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
294,843M 14,877M 15,638M 10,293M 260.8 79.9 Feb 6, 2024 J-GAAP
Apr - Dec, 2024
264,730M 14,279M 13,965M 10,960M 277.7 69.0 Feb 12, 2025 J-GAAP
Apr - Dec, 2025
276,527M 16,846M 16,606M 13,125M 332.5 66.4 Feb 12, 2026 J-GAAP
YoY +4.5% +18.0% +18.9% +19.8% +19.7%

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 222,682M 15,678M 15,233M 11,142M 282.2 120 Nov 7, 2025 J-GAAP
Oct - Mar, 2025 New 222,682M 16,678M 16,233M 12,342M 312.6 120 Feb 12, 2026 J-GAAP
Revision Rate 0.0% +6.4% +6.6% +10.8% +10.8%
Full Year Update
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Mar, 2026 Prev 400,000M 25,000M 24,000M 17,600M 445.7 220 Nov 7, 2025 J-GAAP
Mar, 2026 New 400,000M 26,000M 25,000M 18,800M 476.1 220 Feb 12, 2026 J-GAAP
Revision Rate 0.0% +4.0% +4.2% +6.8% +6.8%

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
192,938M 11,961M 11,899M 11,535M 292.2 120 May 12, 2025 J-GAAP
Guidance
Oct - Mar, 2025
222,682M 16,678M 16,233M 12,342M 312.6 120 Feb 12, 2026 J-GAAP
YoY +15.4% +39.4% +36.4% +7.0% +7.0%
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Mar, 2024
401,633M 18,827M 19,578M 12,388M 313.9 220 May 13, 2024 J-GAAP
Mar, 2025
366,811M 21,098M 20,225M 17,543M 444.5 220 May 12, 2025 J-GAAP
Guidance
Mar, 2026
400,000M 26,000M 25,000M 18,800M 476.1 220 Feb 12, 2026 J-GAAP
YoY +9.0% +23.2% +23.6% +7.2% +7.1%

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Oct - Dec, 2024
90,857M 5,142M 5,639M 4,952M 125.5 5.7 Feb 12, 2025 J-GAAP
Jan - Mar, 2025
102,081M 6,819M 6,260M 6,583M 166.8 6.7 May 12, 2025 J-GAAP
Apr - Jun, 2025
82,907M 3,029M 2,540M 1,649M 41.8 3.7 Aug 8, 2025 J-GAAP
Jul - Sep, 2025
94,411M 6,293M 6,227M 4,809M 121.8 6.7 Nov 7, 2025 J-GAAP
Oct - Dec, 2025
99,209M 7,524M 7,839M 6,667M 168.9 7.6 Feb 12, 2026 J-GAAP
YoY +9.2% +46.3% +39.0% +34.6% +34.6%