NANKAI PLYWOOD, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 50%, Highest in Four Terms, Dividend Revised Upward by 50 Yen

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Fri Feb 13, 2026 4:00 pm JST Earnings

7887 NANKAI PLYWOOD CO.,LTD 【J-GAAP】

Earnings Report

NANKAI PLYWOOD CO.,LTD <7887> [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) surged 2.1 times that of the same period last year, reaching 2.85 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 50.0%, from the previous forecast of 2.00 billion yen to 3.00 billion yen (compared to 1.65 billion yen in the previous period), increasing the growth rate from 20.8% to 81.3%, reaches new record high for the first time in four terms.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) has been revised upward 3.5 times, from the previous forecast of 0.39 billion yen to 1.39 billion yen (compared to 1.87 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 79.0% to 25.6%.

In light of the strong performance, the company has significantly increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 150 yen to 200 yen (compared to 150 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 1.24 billion yen, a 21.1% decrease compared to the same period last year. However, the operating profit margin improved from 8.4% in the same period last year to 11.1%.

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	18,002	717	1,452	694	717.8	78.7	Feb 9, 2024	J-GAAP
Apr - Dec, 2024	18,620	784	1,363	645	667.3	82.4	Feb 12, 2025	J-GAAP
Apr - Dec, 2025	19,434	1,596	2,853	1,703	1,758.6	95.1	Feb 13, 2026	J-GAAP
YoY	+4.4%	+103.6%	+109.3%	+164.0%	+163.5%

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2025 Prev	13,430	1,167	393	28	28.9	150	Nov 12, 2025	J-GAAP
Oct - Mar, 2025 New	16,430	1,167	1,393	1,028	1,060.7	200	Feb 13, 2026	J-GAAP
Revision Rate	+22.3%	0.0%	+254.5%	+3,571.4%	+3,571.4%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2026 Prev	26,000	2,000	2,000	1,000	1,031.8	150	May 15, 2025	J-GAAP
Mar, 2026 New	29,000	2,000	3,000	2,000	2,063.6	200	Feb 13, 2026	J-GAAP
Revision Rate	+11.5%	0.0%	+50.0%	+100.0%	+100.0%

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	13,199	758	1,872	505	522.5	150	May 15, 2025	J-GAAP
Oct - Mar, 2025 Guidance	16,430	1,167	1,393	1,028	1,060.7	200	Feb 13, 2026	J-GAAP
YoY	+24.5%	+54.0%	-25.6%	+103.6%	+103.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2024	23,774	848	1,844	948	980.1	150	May 15, 2024	J-GAAP
Mar, 2025	24,921	961	1,655	101	104.5	150	May 15, 2025	J-GAAP
Mar, 2026 Guidance	29,000	2,000	3,000	2,000	2,063.6	200	Feb 13, 2026	J-GAAP
YoY	+16.4%	+108.1%	+81.3%	+1,880.2%	+1,874.9%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2024	6,898	581	1,580	1,049	1,085.3	8.4	Feb 12, 2025	J-GAAP
Jan - Mar, 2025	6,301	177	292	-544	-562.8	2.8	May 15, 2025	J-GAAP
Apr - Jun, 2025	6,296	393	785	488	504.9	6.2	Aug 8, 2025	J-GAAP
Jul - Sep, 2025	6,274	440	822	484	500.0	7.0	Nov 12, 2025	J-GAAP
Oct - Dec, 2025	6,864	763	1,246	731	754.9	11.1	Feb 13, 2026	J-GAAP
YoY	-0.5%	+31.3%	-21.1%	-30.3%	-30.4%