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NAGAILEBEN, First Half Ordinary Profit Revised Downward to an Unexpected 4%Decrease
7447 NAGAILEBEN Co.,Ltd. 【J-GAAP】
Earnings ReportNAGAILEBEN Co.,Ltd. <7447> [TSE Prime] announced its financial results after the market closed on April 2nd (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending August 2026 (September 2025 to February 2026) decreased 4.4% from the same period last year to 1.47 billion yen, resulting in a decrease in profits compared to the previous forecast of a 5.6% increase.
Progress toward the full-year plan of 4.20 billion yen was 35.1%, also falling below the five-year average of 41.3%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the March to August period (second half) is expected to grow 26.0% from the same period last year, reaching 2.72 billion yen.
In the most recent three-month period, from December to February (2Q), the consolidated ordinary profit grew 7.4% from the same period last year, reaching 1.01 billion yen. However, the operating profit margin decreased from 19.9% in the same period last year to 19.6%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Feb, 2023 | 7,392 | 1,608 | 1,639 | 1,129 | 35.4 | 40.2 | Apr 2, 2024 | J-GAAP |
| Sep - Feb, 2024 | 7,843 | 1,499 | 1,543 | 1,062 | 34.0 | 41.6 | Apr 2, 2025 | J-GAAP |
| Sep - Feb, 2025 | 7,861 | 1,381 | 1,475 | 1,014 | 33.5 | 35.1 | Apr 2, 2026 | J-GAAP |
| YoY | +0.2% | -7.9% | -4.4% | -4.5% | -1.4% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Feb, 2025 Guidance | 8,170 | 1,539 | 1,630 | 1,125 | 37.5 | 0 | Oct 1, 2025 | J-GAAP |
| Sep - Feb, 2025 Results | 7,861 | 1,381 | 1,475 | 1,014 | 33.5 | 0 | Apr 2, 2026 | J-GAAP |
| Revision Rate | -3.8% | -10.3% | -9.5% | -9.9% | -10.7% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar - Aug, 2025 | 9,140 | 2,084 | 2,163 | 1,511 | 48.9 | 100 | Oct 1, 2025 | J-GAAP |
| Mar - Aug, 2026 Guidance | 10,139 | 2,644 | 2,725 | 1,886 | 62.9 | 60 | Apr 2, 2026 | J-GAAP |
| YoY | +10.9% | +26.9% | +26.0% | +24.8% | +28.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Aug, 2024 | 16,412 | 4,004 | 4,074 | 2,822 | 88.8 | 60 | Oct 1, 2024 | J-GAAP |
| Aug, 2025 | 16,983 | 3,583 | 3,706 | 2,573 | 83.2 | 100 | Oct 1, 2025 | J-GAAP |
| Aug, 2026 Guidance | 18,000 | 4,025 | 4,200 | 2,900 | 96.8 | 60 | Oct 1, 2025 | J-GAAP |
| YoY | +6.0% | +12.3% | +13.3% | +12.7% | +16.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec - Feb, 2024 | 4,633 | 920 | 942 | 649 | 20.8 | 19.9 | Apr 2, 2025 | J-GAAP |
| Mar - May, 2025 | 5,523 | 1,416 | 1,452 | 1,004 | 32.3 | 25.6 | Jun 27, 2025 | J-GAAP |
| Jun - Aug, 2025 | 3,617 | 668 | 711 | 507 | 16.4 | 18.5 | Oct 1, 2025 | J-GAAP |
| Sep - Nov, 2025 | 2,920 | 412 | 463 | 317 | 10.4 | 14.1 | Dec 25, 2025 | J-GAAP |
| Dec - Feb, 2025 | 4,941 | 969 | 1,012 | 697 | 23.1 | 19.6 | Apr 2, 2026 | J-GAAP |
| YoY | +6.6% | +5.3% | +7.4% | +7.4% | +10.9% |
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