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NANKAI CHEMICAL, Apr-Dec (Cumulative 3Q) Net Income Increases by 3.1 times, Exceeds Full-Year Plan
4040 NANKAI CHEMICAL COMPANY,LIMITED 【J-GAAP】
Earnings ReportNANKAI CHEMICAL COMPANY,LIMITED <4040> [TSE Std] announced its financial results after the market closed on February 12th (15:30). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2026 (April to December) surged 3.1 times that of the same period last year, reaching 2.38 billion yen. Progress toward the full-year plan of 2.20 billion yen is 108.5%, already exceeding the target and also exceeding the three-year average of 76.5%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income/loss for the January to March period (4Q) is expected to turn into a loss of 0.18 billion yen (compared to a profit of 0.23 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 net income surged 5.8 times that of the same period last year, reaching 1.95 billion yen. However, the operating profit margin remained almost flat, changing from 7.8% in the same period last year to 7.6%.
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 | 14,422 | 1,289 | 1,453 | 1,011 | 513.8 | 81.6 | Feb 14, 2024 | J-GAAP |
| Apr - Dec, 2024 | 14,646 | 970 | 1,116 | 781 | 389.5 | 76.6 | Feb 13, 2025 | J-GAAP |
| Apr - Dec, 2025 | 14,799 | 1,036 | 1,072 | 2,386 | 1,179.9 | 61.3 | Feb 12, 2026 | J-GAAP |
| YoY | +1.0% | +6.8% | -3.9% | +205.5% | +202.9% |
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 | 12,112 | 790 | 833 | 568 | 283.0 | 35 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 13,724 | 1,193 | 1,124 | 1,766 | 870.1 | 35 | Nov 12, 2025 | J-GAAP |
| YoY | +13.3% | +51.0% | +34.9% | +210.9% | +207.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 19,987 | 1,564 | 1,780 | 1,158 | 586.7 | 50 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 20,900 | 1,306 | 1,456 | 1,015 | 505.8 | 55 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 22,900 | 1,800 | 1,750 | 2,200 | 1,083.9 | 60 | May 13, 2025 | J-GAAP |
| YoY | +9.6% | +37.8% | +20.2% | +116.7% | +114.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 5,858 | 454 | 493 | 334 | 166.6 | 7.8 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 6,254 | 336 | 340 | 234 | 116.6 | 5.4 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 4,780 | 337 | 331 | 208 | 103.2 | 7.1 | Aug 12, 2025 | J-GAAP |
| Jul - Sep, 2025 | 4,396 | 270 | 295 | 226 | 112.1 | 6.1 | Nov 12, 2025 | J-GAAP |
| Oct - Dec, 2025 | 5,623 | 429 | 446 | 1,952 | 965.3 | 7.6 | Feb 12, 2026 | J-GAAP |
| YoY | -4.0% | -5.5% | -9.5% | +484.4% | +479.5% |
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