kabutan

NIPPON RIETEC, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 18%, Highest in Thirteen Terms

Thu Feb 12, 2026 4:00 pm JST Earnings

1938 NIPPON RIETEC CO.,LTD. 【J-GAAP】

Earnings Report

NIPPON RIETEC CO.,LTD. <1938> [TSE Prime] 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) expanded 3.87 billion yen, an increase 66.6% compared to the same period last year.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 18.3%, from the previous forecast of 6.00 billion yen to 7.10 billion yen (compared to 5.95 billion yen in the previous period), increasing the growth rate from 0.8% to 19.2%, reaches new record high for the first time in thirteen 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) is expected to increase 25.9%, from the previous forecast of 4.25 billion yen to 5.35 billion yen (compared to 4.85 billion yen in the same period of the previous year), turning to a 10.3% increase in the consolidated ordinary profit outlook.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 73.6% from the same period last year, reaching 2.13 billion yen. The operating profit margin significantly improved from 6.2% in the same period last year to 9.6%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2023 36,398 461 793 494 19.8 20.3 Feb 8, 2024 J-GAAP
Apr - Dec, 2024 43,897 1,830 2,327 1,633 66.0 39.1 Feb 12, 2025 J-GAAP
Apr - Dec, 2025 48,488 3,372 3,876 2,545 102.8 54.6 Feb 12, 2026 J-GAAP
YoY +10.5% +84.3% +66.6% +55.8% +55.8%

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 43,671 3,855 4,254 3,150 127.1 82 Nov 10, 2025 J-GAAP
Oct - Mar, 2025 New 44,971 4,925 5,354 3,850 155.4 82 Feb 12, 2026 J-GAAP
Revision Rate +3.0% +27.8% +25.9% +22.2% +22.2%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 72,300 5,330 6,000 4,200 169.5 82 May 12, 2025 J-GAAP
Mar, 2026 New 73,600 6,400 7,100 4,900 197.7 82 Feb 12, 2026 J-GAAP
Revision Rate +1.8% +20.1% +18.3% +16.7% +16.7%

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 41,680 4,413 4,855 3,958 159.9 77 May 12, 2025 J-GAAP
Oct - Mar, 2025 Guidance 44,971 4,925 5,354 3,850 155.4 82 Feb 12, 2026 J-GAAP
YoY +7.9% +11.6% +10.3% -2.7% -2.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 58,542 3,432 3,910 2,770 111.4 35 May 14, 2024 J-GAAP
Mar, 2025 68,669 5,199 5,955 4,733 191.2 77 May 12, 2025 J-GAAP
Mar, 2026 Guidance 73,600 6,400 7,100 4,900 197.7 82 Feb 12, 2026 J-GAAP
YoY +7.2% +23.1% +19.2% +3.5% +3.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 16,908 1,044 1,227 858 34.7 6.2 Feb 12, 2025 J-GAAP
Jan - Mar, 2025 24,772 3,369 3,628 3,100 125.3 13.6 May 12, 2025 J-GAAP
Apr - Jun, 2025 12,173 -50 112 18 0.7 -0.4 Aug 7, 2025 J-GAAP
Jul - Sep, 2025 16,456 1,525 1,634 1,032 41.7 9.3 Nov 10, 2025 J-GAAP
Oct - Dec, 2025 19,859 1,897 2,130 1,495 60.4 9.6 Feb 12, 2026 J-GAAP
YoY +17.5% +81.7% +73.6% +74.2% +74.2%

Related Articles