Home
Market News
Breaking stock market headlines
Earnings Flash
Breaking coverage of earnings reports, forecasts & dividend updates
Trends
Market movers, trading patterns & key market indicators
Disclosures
Official filings & reports from listed Japanese companies
Explorer
Stock lists filtered by fundamental & technical metrics
Shin Nippon Air Tech, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 16%, Raises Record High Profit Forecast, Dividend Revised Upward by 30 Yen
1952 Shin Nippon Air Technologies Co., Ltd. 【J-GAAP】
Earnings ReportShin Nippon Air Technologies Co., Ltd. <1952> [TSE Prime] announced its financial results in the afternoon session on February 12th (13:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 9.54 billion yen, an increase 64.1% compared to the same period last year.
In addition, the full-year forecast for consolidated ordinary profit has been revised upward 16.0%, from the previous forecast of 12.5 billion yen to 14.5 billion yen (compared to 11.9 billion yen in the previous period), increasing the growth rate from 4.4% to 21.1%, further surpassing the previous forecast of record-high profits for five consecutive terms.
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) has been revised upward 30.0%, from the previous forecast of 6.67 billion yen to 8.67 billion yen (compared to 9.11 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 26.8% to 4.8%.
In light of the strong performance, the company has significantly increased its planned annual dividend for the current fiscal year from the original plan of 80 yen to 110 yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 25.8% from the same period last year, reaching 3.71 billion yen. The operating profit margin improved from 8.2% in the same period last year to 8.7%.
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 | 85,626 | 5,069 | 5,516 | 4,073 | 87.9 | 56.7 | Feb 8, 2024 | J-GAAP |
| Apr - Dec, 2024 | 88,568 | 5,262 | 5,815 | 3,879 | 84.8 | 48.6 | Feb 12, 2025 | J-GAAP |
| Apr - Dec, 2025 | 104,674 | 8,844 | 9,541 | 7,041 | 155.2 | 65.8 | Feb 12, 2026 | J-GAAP |
| YoY | +18.2% | +68.1% | +64.1% | +81.5% | +82.9% |
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 | 79,142 | 6,620 | 6,675 | 4,817 | 106.0 | 40 | Nov 13, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 85,142 | 8,320 | 8,675 | 6,517 | 143.4 | 70 | Feb 12, 2026 | J-GAAP |
| Revision Rate | +7.6% | +25.7% | +30.0% | +35.3% | +35.3% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 144,000 | 12,000 | 12,500 | 8,800 | 193.6 | 80 | May 13, 2025 | J-GAAP |
| Mar, 2026 New | 150,000 | 13,700 | 14,500 | 10,500 | 231.0 | 110 | Feb 12, 2026 | J-GAAP |
| Revision Rate | +4.2% | +14.2% | +16.0% | +19.3% | +19.3% |
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 | 82,911 | 8,856 | 9,114 | 7,780 | 170.5 | 50 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 85,142 | 8,320 | 8,675 | 6,517 | 143.4 | 70 | Feb 12, 2026 | J-GAAP |
| YoY | +2.7% | -6.1% | -4.8% | -16.2% | -15.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 127,978 | 9,235 | 9,725 | 7,168 | 155.2 | 50 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 137,684 | 11,346 | 11,976 | 9,656 | 211.6 | 80 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 150,000 | 13,700 | 14,500 | 10,500 | 231.0 | 110 | Feb 12, 2026 | J-GAAP |
| YoY | +8.9% | +20.7% | +21.1% | +8.7% | +9.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 33,795 | 2,772 | 2,953 | 2,003 | 43.8 | 8.2 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 49,116 | 6,084 | 6,161 | 5,777 | 126.6 | 12.4 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 30,632 | 1,973 | 2,363 | 1,579 | 34.9 | 6.4 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 34,226 | 3,407 | 3,462 | 2,404 | 53.0 | 10.0 | Nov 13, 2025 | J-GAAP |
| Oct - Dec, 2025 | 39,816 | 3,464 | 3,716 | 3,058 | 67.4 | 8.7 | Feb 12, 2026 | J-GAAP |
| YoY | +17.8% | +25.0% | +25.8% | +52.7% | +53.8% |
Related Articles
S.T.CORP, Ordinary Profit Forecast for the Fiscal Year Revised Downward by 18%
AKEBONO BRAKE, Net Income Forecast for the Fiscal Year Turns to Profit, Exceeds Expectations
UACJ, Net Income Forecast for the Fiscal Year Revised Upward by 17%, Dividend Revised Upward by 3 Yen
NAKANIPPON CASTING, Net Income Forecast for the Fiscal Year Revised Downward to a Loss, The Undecided Dividend Set at 5 Yen
Takashima, Ordinary Profit Forecast for the Fiscal Year Revised Downward by 12%
KAJIMA , Ordinary Profit Forecast for the Fiscal Year Revised Upward by 13%, Exceeded Record Profit Forecast
Nishimatsu Construction , Ordinary Profit Forecast for the Fiscal Year Revised Upward by 4%
Nikkei 225 close on the 12th = falling for the first time in 4 days, 10 yen lower to 57,639 yen
Image Information, Apr-Dec (Cumulative 3Q) Net Income Turns to Loss, Oct-Dec Net Income Loss Widens
THK, Net Income/Loss Unexpectedly Turn to Loss for Last Fiscal Year, Returning to Profitability This Year, Dividend to Cut by 62 Yen