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Naigai Tec, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 21%
3374 Naigai Tec Corporation 【J-GAAP】
Earnings ReportNaigai Tec Corporation <3374> [TSE Std] announced its financial results after the market closed on February 13th (15:45). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 20.9% from the same period last year to 780 million yen. However, Progress toward the full-year plan of 780 million yen was 100.0%, also surpassing the five-year average of 66.0%.
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/loss for the January to March period (4Q) is expected to break even (compared to a 539 million yen in the same period last year).
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit dropped to 302 million yen, a 48.2% decrease compared to the same period last year. The operating profit margin worsened from 5.7% in the same period last year to 3.8%.
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 | 30,302 | 813 | 795 | 514 | 147.1 | 66.9 | Feb 13, 2024 | J-GAAP |
| Apr - Dec, 2024 | 26,231 | 1,002 | 986 | 580 | 165.9 | 64.7 | Feb 14, 2025 | J-GAAP |
| Apr - Dec, 2025 | 23,013 | 785 | 780 | 514 | 147.1 | 100.0 | Feb 13, 2026 | J-GAAP |
| YoY | -12.3% | -21.7% | -20.9% | -11.4% | -11.4% |
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 | 19,176 | 1,129 | 1,122 | 797 | 227.9 | 100 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 14,260 | 323 | 302 | 70 | 20.0 | 100 | Nov 12, 2025 | J-GAAP |
| YoY | -25.6% | -71.4% | -73.1% | -91.2% | -91.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 39,013 | 1,218 | 1,189 | 848 | 242.7 | 93 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 35,337 | 1,552 | 1,525 | 1,049 | 299.9 | 100 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 29,500 | 810 | 780 | 380 | 108.6 | 100 | Nov 12, 2025 | J-GAAP |
| YoY | -16.5% | -47.8% | -48.9% | -63.8% | -63.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 10,070 | 579 | 583 | 328 | 93.8 | 5.7 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 9,106 | 550 | 539 | 469 | 134.1 | 6.0 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 7,212 | 82 | 83 | 46 | 13.4 | 1.1 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 8,028 | 405 | 395 | 264 | 75.6 | 5.0 | Nov 12, 2025 | J-GAAP |
| Oct - Dec, 2025 | 7,773 | 298 | 302 | 204 | 58.4 | 3.8 | Feb 13, 2026 | J-GAAP |
| YoY | -22.8% | -48.5% | -48.2% | -37.8% | -37.8% |
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