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NISSAN SHATAI, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 2.0 times
7222 NISSAN SHATAI CO.,LTD. 【J-GAAP】
Earnings ReportNISSAN SHATAI CO.,LTD. <7222> [TSE Std] announced its financial results after the market closed on February 12th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) surged 4.1 times that of the same period last year, reaching 10.9 billion yen.
In addition, the full-year forecast for consolidated ordinary profit has been revised upward 2.0 times, from the previous forecast of 7.00 billion yen to 14.2 billion yen (compared to 5.84 billion yen in the previous period), increasing the growth rate from 19.7% to 2.4 times.
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 8.4 times, from the previous forecast of 0.97 billion yen to 8.17 billion yen (compared to 7.83 billion yen in the same period of the previous year), turning to a 4.4% increase in the consolidated ordinary profit outlook.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 5.9% from the same period last year, reaching 4.97 billion yen. The operating profit margin remained almost flat, changing from 4.3% in the same period last year to 4.5%.
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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 | 232,101 | 2,991 | 3,296 | 2,033 | 15.0 | 236.8 | Feb 8, 2024 | J-GAAP |
| Apr - Dec, 2024 | 251,121 | 2,250 | 2,709 | 1,727 | 12.8 | 46.3 | Feb 13, 2025 | J-GAAP |
| Apr - Dec, 2025 | 290,878 | 10,270 | 10,996 | 5,483 | 40.5 | 77.4 | Feb 12, 2026 | J-GAAP |
| YoY | +15.8% | +356.4% | +305.9% | +217.5% | +217.5% |
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 | 211,912 | 1,350 | 975 | 687 | 5.1 | 6.50 | Nov 6, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 216,512 | 7,950 | 8,175 | 2,787 | 20.6 | 6.50 | Feb 12, 2026 | J-GAAP |
| Revision Rate | +2.2% | +488.9% | +738.5% | +305.7% | +305.9% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 398,100 | 6,900 | 7,000 | 4,400 | 32.5 | 13 | May 13, 2025 | J-GAAP |
| Mar, 2026 New | 402,700 | 13,500 | 14,200 | 6,500 | 48.0 | 13 | Feb 12, 2026 | J-GAAP |
| Revision Rate | +1.2% | +95.7% | +102.9% | +47.7% | +47.8% |
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 | 203,702 | 7,417 | 7,831 | 4,492 | 33.2 | 6.50 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 216,512 | 7,950 | 8,175 | 2,787 | 20.6 | 6.50 | Feb 12, 2026 | J-GAAP |
| YoY | +6.3% | +7.2% | +4.4% | -38.0% | -37.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 301,071 | 979 | 1,392 | 407 | 3.0 | 13 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 350,508 | 5,147 | 5,847 | 3,033 | 22.4 | 13 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 402,700 | 13,500 | 14,200 | 6,500 | 48.0 | 13 | Feb 12, 2026 | J-GAAP |
| YoY | +14.9% | +162.3% | +142.9% | +114.3% | +114.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 104,315 | 4,520 | 4,693 | 3,186 | 23.5 | 4.3 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 99,387 | 2,897 | 3,138 | 1,306 | 9.6 | 2.9 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 87,882 | 2,226 | 2,436 | 1,728 | 12.8 | 2.5 | Jul 30, 2025 | J-GAAP |
| Jul - Sep, 2025 | 98,306 | 3,324 | 3,589 | 1,985 | 14.7 | 3.4 | Nov 6, 2025 | J-GAAP |
| Oct - Dec, 2025 | 104,690 | 4,720 | 4,971 | 1,770 | 13.1 | 4.5 | Feb 12, 2026 | J-GAAP |
| YoY | +0.4% | +4.4% | +5.9% | -44.4% | -44.4% |
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