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Nippon Aqua, 4% Increase in Ordinary Profit for The Current Fiscal Year
1429 Nippon Aqua Co., Ltd. 【J-GAAP】
Earnings ReportNippon Aqua Co., Ltd. <1429> [TSE Prime] announced its financial results after the market closed on February 13th (15:30). The ordinary profit (non-consolidated) for the fiscal year ended December 2025 increased by 7.3% from the previous period to 2.79 billion yen. For the fiscal year ending December 2026, the ordinary profit is expected to grow by 4.2% to 2.91 billion yen. This will be the sixteenth consecutive term of revenue growth.
In the most recent three-month period, from October to December (4Q), the ordinary profit amounted to 1.04 billion yen, a 1.4% decrease compared to the same period last year. The operating profit margin decreased from 11.2% in the same period last year to 11.0%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 28,341 | 2,881 | 2,917 | 2,004 | 63.8 | 32 | Feb 14, 2024 | J-GAAP |
| Dec, 2024 | 30,265 | 2,575 | 2,604 | 1,839 | 58.6 | 34 | Feb 7, 2025 | J-GAAP |
| Dec, 2025 | 33,670 | 2,774 | 2,794 | 1,895 | 59.4 | 35 | Feb 13, 2026 | J-GAAP |
| YoY | +11.3% | +7.7% | +7.3% | +3.0% | +1.5% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2025 Guidance | 34,360 | 3,004 | 3,062 | 2,067 | 64.1 | 35 | Feb 7, 2025 | J-GAAP |
| Dec, 2025 Results | 33,670 | 2,774 | 2,794 | 1,895 | 59.4 | 35 | Feb 13, 2026 | J-GAAP |
| Revision Rate | -2.0% | -7.7% | -8.8% | -8.3% | -7.3% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 | 15,983 | 1,091 | 1,102 | 748 | 23.4 | 0 | Aug 8, 2025 | J-GAAP |
| Jan - Jun, 2026 Guidance | 15,921 | 837 | 845 | 572 | 17.8 | 0 | Feb 13, 2026 | J-GAAP |
| YoY | -0.4% | -23.3% | -23.3% | -23.5% | -24.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2024 | 30,265 | 2,575 | 2,604 | 1,839 | 58.6 | 34 | Feb 7, 2025 | J-GAAP |
| Dec, 2025 | 33,670 | 2,774 | 2,794 | 1,895 | 59.4 | 35 | Feb 13, 2026 | J-GAAP |
| Dec, 2026 Guidance | 37,000 | 2,900 | 2,910 | 1,972 | 61.2 | 35 | Feb 13, 2026 | J-GAAP |
| YoY | +9.9% | +4.5% | +4.2% | +4.1% | +3.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 9,448 | 1,054 | 1,056 | 796 | 25.3 | 11.2 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 7,501 | 526 | 529 | 359 | 11.3 | 7.0 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 8,482 | 565 | 573 | 389 | 12.2 | 6.7 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 8,305 | 649 | 651 | 438 | 13.7 | 7.8 | Nov 7, 2025 | J-GAAP |
| Oct - Dec, 2025 | 9,382 | 1,034 | 1,041 | 709 | 22.2 | 11.0 | Feb 13, 2026 | J-GAAP |
| YoY | -0.7% | -1.9% | -1.4% | -10.9% | -12.3% |
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