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NIPPON PRIMEX, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 15%
2795 NIPPON PRIMEX INC. 【J-GAAP】
Earnings ReportNIPPON PRIMEX INC. <2795> [TSE Std] announced its financial results in the afternoon session on February 12th (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 14.9% from the same period last year to 478 million yen. However, Progress toward the full-year plan of 565 million yen was 84.6%, also surpassing the five-year average of 70.5%.
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 surge 4.0 times that of the same period last year, reaching 87 million yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 245 million yen, a 25.1% decrease compared to the same period last year. The operating profit margin worsened from 8.7% in the same period last year to 7.7%.
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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 | 5,094 | 423 | 519 | 350 | 66.6 | 68.3 | Feb 14, 2024 | J-GAAP |
| Apr - Dec, 2024 | 5,436 | 450 | 562 | 391 | 74.4 | 96.2 | Feb 13, 2025 | J-GAAP |
| Apr - Dec, 2025 | 5,135 | 330 | 478 | 317 | 60.6 | 84.6 | Feb 12, 2026 | J-GAAP |
| YoY | -5.5% | -26.7% | -14.9% | -18.9% | -18.6% |
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 | 3,459 | 255 | 349 | 240 | 45.7 | 25 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 3,715 | 306 | 332 | 251 | 48.5 | 25 | Nov 13, 2025 | J-GAAP |
| YoY | +7.4% | +20.0% | -4.9% | +4.6% | +6.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 6,940 | 576 | 760 | 504 | 95.8 | 25 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 7,093 | 549 | 584 | 408 | 77.7 | 25 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 7,105 | 502 | 565 | 400 | 77.3 | 25 | May 14, 2025 | J-GAAP |
| YoY | +0.2% | -8.6% | -3.3% | -2.0% | -0.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 1,802 | 156 | 327 | 223 | 42.5 | 8.7 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 1,657 | 99 | 22 | 17 | 3.2 | 6.0 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 1,688 | 76 | 66 | 40 | 7.8 | 4.5 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 1,702 | 120 | 167 | 109 | 20.8 | 7.1 | Nov 13, 2025 | J-GAAP |
| Oct - Dec, 2025 | 1,745 | 134 | 245 | 168 | 32.1 | 7.7 | Feb 12, 2026 | J-GAAP |
| YoY | -3.2% | -14.1% | -25.1% | -24.7% | -24.4% |
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