kabutan

NIRECO, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 20%, Oct-Dec Ordinary Profit Decreases by 35%

Fri Feb 13, 2026 4:00 pm JST Earnings

6863 NIRECO CORPORATION 【J-GAAP】

Earnings Report

NIRECO CORPORATION <6863> [TSE Std] announced its financial results after the market closed on February 13th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 19.9% from the same period last year to 1.11 billion yen. Progress toward the full-year plan of 1.95 billion yen was 57.2%, also falling below the five-year average of 67.4%.

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 expand 31.3% from the same period last year, reaching 0.83 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit dropped to 0.35 billion yen, a 34.7% decrease compared to the same period last year. The operating profit margin significantly dropped from 18.9% in the same period last year to 12.3%.

Kabutan News

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 7,041 1,035 1,117 775 105.4 76.0 Feb 13, 2024 J-GAAP
Apr - Dec, 2024 7,570 1,292 1,393 1,013 137.0 68.7 Feb 6, 2025 J-GAAP
Apr - Dec, 2025 7,646 1,047 1,116 824 111.6 57.2 Feb 13, 2026 J-GAAP
YoY +1.0% -19.0% -19.9% -18.7% -18.5%

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 5,848 1,119 1,183 1,012 136.8 71 May 14, 2025 J-GAAP
Oct - Mar, 2025 Guidance 5,949 1,122 1,192 888 124.1 50 Nov 13, 2025 J-GAAP
YoY +1.7% +0.3% +0.8% -12.3% -9.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 9,861 1,386 1,470 1,011 137.4 62 May 14, 2024 J-GAAP
Mar, 2025 10,756 1,907 2,028 1,562 211.1 95 May 14, 2025 J-GAAP
Mar, 2026 Guidance 11,000 1,850 1,950 1,390 194.2 85 May 14, 2025 J-GAAP
YoY +2.3% -3.0% -3.8% -11.0% -8.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 2,662 504 548 463 62.6 18.9 Feb 6, 2025 J-GAAP
Jan - Mar, 2025 3,186 615 635 549 74.2 19.3 May 14, 2025 J-GAAP
Apr - Jun, 2025 2,283 145 178 105 14.3 6.4 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 2,768 583 580 397 53.6 21.1 Nov 13, 2025 J-GAAP
Oct - Dec, 2025 2,595 319 358 322 43.6 12.3 Feb 13, 2026 J-GAAP
YoY -2.5% -36.7% -34.7% -30.5% -30.3%

Related Articles