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Nitori, Apr-Dec (Cumulative 3Q) Net Income Decreases by 2%
9843 Nitori Holdings Co., Ltd. 【J-GAAP】
Earnings ReportNitori Holdings Co., Ltd. <9843> [TSE Prime] announced its financial results (based on IFRS) after the market closed on February 13th (15:30). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2026 (April to December) was 74.3 billion yen, a 2.3% decrease compared to the same period last year. Progress toward the full-year plan of 94.0 billion yen was 79.1%, below the same period of the previous year of 92.2%.
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 for the January to March period (4Q) is expected to surge 3.0 times that of the same period last year, reaching 19.6 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated net income grew 6.3% from the same period last year, reaching 32.6 billion yen. The operating profit margin rose from 16.9% in the same period last year to 17.9%.
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 | 663,746 | 97,865 | 101,268 | 68,535 | 121.3 | 76.5 | Feb 8, 2024 | J-GAAP |
| Apr - Dec, 2024 | 706,413 | 108,102 | 108,747 | 76,077 | 134.6 | 92.6 | Feb 12, 2025 | IFRS |
| Apr - Dec, 2025 | 688,503 | 104,494 | 107,324 | 74,346 | 131.6 | 78.3 | Feb 13, 2026 | IFRS |
| YoY | -2.5% | -3.3% | -1.3% | -2.3% | -2.3% |
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 | 481,711 | 53,391 | 53,366 | 37,138 | 65.7 | 15.20 | May 13, 2025 | IFRS |
| Oct - Mar, 2025 Guidance | 548,889 | 75,941 | 76,640 | 52,259 | 92.5 | 15.40 | Nov 13, 2025 | IFRS |
| YoY | +13.9% | +42.2% | +43.6% | +40.7% | +40.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 895,799 | 127,725 | 132,377 | 86,523 | 153.1 | 29.40 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 928,828 | 117,665 | 117,448 | 82,546 | 146.1 | 30.40 | May 13, 2025 | IFRS |
| Mar, 2026 Guidance | 988,000 | 135,800 | 137,000 | 94,000 | 166.4 | 30.80 | Jul 15, 2025 | IFRS |
| YoY | +6.4% | +15.4% | +16.6% | +13.9% | +13.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 259,296 | 43,828 | 44,665 | 30,669 | 54.3 | 16.9 | Feb 12, 2025 | IFRS |
| Jan - Mar, 2025 | 222,415 | 9,563 | 8,701 | 6,469 | 11.5 | 4.3 | May 13, 2025 | IFRS |
| Apr - Jun, 2025 | 231,694 | 36,942 | 37,132 | 26,154 | 46.3 | 15.9 | Aug 7, 2025 | IFRS |
| Jul - Sep, 2025 | 207,417 | 22,917 | 23,228 | 15,587 | 27.6 | 11.0 | Nov 13, 2025 | IFRS |
| Oct - Dec, 2025 | 249,392 | 44,635 | 46,964 | 32,605 | 57.7 | 17.9 | Feb 13, 2026 | IFRS |
| YoY | -3.8% | +1.8% | +5.1% | +6.3% | +6.3% |
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