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Niigata Kotsu, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 12%, Exceeds Full-Year Plan
9017 Niigata Kotsu Co.,Ltd. 【J-GAAP】
Earnings ReportNiigata Kotsu Co.,Ltd. <9017> [TSE Std] announced its financial results in the afternoon session on February 12th (14:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 12.2% from the same period last year, reaching 1.44 billion yen. Progress toward the full-year plan of 1.20 billion yen is 120.0%, already exceeding the target and also exceeding the five-year average of 89.2%.
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/loss for the January to March period (4Q) is expected to turn into a loss of 0.24 billion yen (compared to a profit of 0.32 billion yen in the same period last year). However, if the fourth-quarter performance remains at the same level as the first three quarters, the full-year plan may be increased.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 12.4% from the same period last year, reaching 0.48 billion yen. The operating profit margin improved from 10.0% in the same period last year to 11.4%.
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 | 14,706 | 1,382 | 1,086 | 895 | 233.2 | 82.6 | Feb 13, 2024 | J-GAAP |
| Apr - Dec, 2024 | 15,171 | 1,611 | 1,283 | 913 | 237.9 | 79.6 | Feb 12, 2025 | J-GAAP |
| Apr - Dec, 2025 | 15,439 | 1,762 | 1,440 | 930 | 242.1 | 120.0 | Feb 12, 2026 | J-GAAP |
| YoY | +1.8% | +9.4% | +12.2% | +1.9% | +1.8% |
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 | 10,081 | 928 | 758 | 497 | 129.5 | 10 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 9,910 | 523 | 242 | 65 | 16.9 | 10 | Nov 12, 2025 | J-GAAP |
| YoY | -1.7% | -43.6% | -68.1% | -86.9% | -86.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 19,417 | 1,682 | 1,315 | 1,064 | 277.2 | 10 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 19,998 | 2,016 | 1,612 | 1,086 | 283.0 | 10 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 20,200 | 1,700 | 1,200 | 700 | 182.3 | 10 | May 15, 2025 | J-GAAP |
| YoY | +1.0% | -15.7% | -25.6% | -35.5% | -35.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 5,254 | 523 | 429 | 324 | 84.4 | 10.0 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 4,827 | 405 | 329 | 173 | 45.1 | 8.4 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 4,937 | 418 | 330 | 222 | 57.8 | 8.5 | Aug 12, 2025 | J-GAAP |
| Jul - Sep, 2025 | 5,353 | 759 | 628 | 413 | 107.5 | 14.2 | Nov 12, 2025 | J-GAAP |
| Oct - Dec, 2025 | 5,149 | 585 | 482 | 295 | 76.8 | 11.4 | Feb 12, 2026 | J-GAAP |
| YoY | -2.0% | +11.9% | +12.4% | -9.0% | -9.0% |
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