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Nippon Pigment, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 16%

Fri Feb 13, 2026 1:00 pm JST Earnings

4119 Nippon Pigment Holdings Company Limited 【J-GAAP】

Earnings Report

Nippon Pigment Holdings Company Limited <4119> [TSE Std] announced its financial results in the afternoon session on February 13th (13:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) surged 4.4 times that of the same period last year, reaching 1.09 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 16.4%, from the previous forecast of 1.16 billion yen to 1.35 billion yen (compared to 0.40 billion yen in the previous period), increasing the growth rate from 2.9 times to 3.4 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 25.8%, from the previous forecast of 0.73 billion yen to 0.92 billion yen (compared to 0.22 billion yen in the same period of the previous year), increasing the growth rate from 3.2 times to 4.0 times.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit surged 9.0 times that of the same period last year, reaching 0.67 billion yen. The operating profit margin significantly improved from 0.5% in the same period last year to 5.3%.

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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 20,845 191 367 175 112.1 56.6 Feb 9, 2024 J-GAAP
Apr - Dec, 2024 27,191 98 248 6,839 4,357.2 61.7 Feb 14, 2025 J-GAAP
Apr - Dec, 2025 30,466 952 1,097 882 562.3 81.3 Feb 13, 2026 J-GAAP
YoY +12.0% +871.4% +342.3% -87.1% -87.1%

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 25,753 595 737 353 224.9 120 Nov 14, 2025 J-GAAP
Oct - Mar, 2025 New 24,453 795 927 553 352.3 120 Feb 13, 2026 J-GAAP
Revision Rate -5.0% +33.6% +25.8% +56.7% +56.7%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 45,800 1,000 1,160 700 446.0 120 Nov 14, 2025 J-GAAP
Mar, 2026 New 44,500 1,200 1,350 900 573.4 120 Feb 13, 2026 J-GAAP
Revision Rate -2.8% +20.0% +16.4% +28.6% +28.6%

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 21,107 133 229 -1,621 -1,032.8 100 May 14, 2025 J-GAAP
Oct - Mar, 2025 Guidance 24,453 795 927 553 352.3 120 Feb 13, 2026 J-GAAP
YoY +15.9% +497.7% +304.8% － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 26,683 425 648 740 471.9 100 May 10, 2024 J-GAAP
Mar, 2025 37,921 176 402 5,026 3,202.2 100 May 14, 2025 J-GAAP
Mar, 2026 Guidance 44,500 1,200 1,350 900 573.4 120 Feb 13, 2026 J-GAAP
YoY +17.3% +581.8% +235.8% -82.1% -82.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 10,377 55 75 192 122.3 0.5 Feb 14, 2025 J-GAAP
Jan - Mar, 2025 10,730 78 154 -1,813 -1,155.1 0.7 May 14, 2025 J-GAAP
Apr - Jun, 2025 9,713 84 139 109 69.7 0.9 Aug 12, 2025 J-GAAP
Jul - Sep, 2025 10,334 321 284 238 151.7 3.1 Nov 14, 2025 J-GAAP
Oct - Dec, 2025 10,419 547 674 535 341.1 5.3 Feb 13, 2026 J-GAAP
YoY +0.4% +894.5% +798.7% +178.6% +178.8%

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