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New Japan Chemical, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 60%, Oct-Dec Ordinary Profit Decreases by 68%
4406 New Japan Chemical Co., Ltd. 【J-GAAP】
Earnings ReportNew Japan Chemical Co., Ltd. <4406> [TSE Std] announced its financial results after the market closed on February 13th (15:40). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) significantly dropped 60.2% from the same period last year to 328 million yen. Progress toward the full-year plan of 750 million yen was 43.7%, also falling below the five-year average of 94.4%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to grow 14.1% from the same period last year, reaching 422 million yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit significantly dropped to 142 million yen, a 68.4% decrease compared to the same period last year. The operating profit margin drastically worsened from 4.5% in the same period last year to 1.2%.
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 | 24,080 | -95 | 304 | -83 | -2.2 | 39.0 | Feb 9, 2024 | J-GAAP |
| Apr - Dec, 2024 | 24,693 | 670 | 825 | 683 | 18.3 | 69.0 | Feb 13, 2025 | J-GAAP |
| Apr - Dec, 2025 | 24,236 | 442 | 328 | 330 | 8.9 | 43.7 | Feb 13, 2026 | J-GAAP |
| YoY | -1.9% | -34.0% | -60.2% | -51.7% | -51.6% |
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 | 16,593 | 542 | 820 | 230 | 6.2 | 4 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 18,201 | 559 | 564 | 312 | 8.4 | 4 | Nov 13, 2025 | J-GAAP |
| YoY | +9.7% | +3.1% | -31.2% | +35.7% | +35.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 32,863 | 361 | 780 | 220 | 5.9 | 0 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 32,703 | 829 | 1,195 | 522 | 14.0 | 4 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 34,000 | 900 | 750 | 550 | 14.8 | 4 | May 14, 2025 | J-GAAP |
| YoY | +4.0% | +8.6% | -37.2% | +5.4% | +5.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 8,583 | 383 | 450 | 391 | 10.5 | 4.5 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 8,010 | 159 | 370 | -161 | -4.3 | 2.0 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 8,131 | 286 | 281 | 261 | 7.0 | 3.5 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 7,668 | 55 | -95 | -23 | -0.6 | 0.7 | Nov 13, 2025 | J-GAAP |
| Oct - Dec, 2025 | 8,437 | 101 | 142 | 92 | 2.5 | 1.2 | Feb 13, 2026 | J-GAAP |
| YoY | -1.7% | -73.6% | -68.4% | -76.5% | -76.5% |
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