Home
Market News
Breaking stock market headlines
Earnings Flash
Breaking coverage of earnings reports, forecasts & dividend updates
Trends
Market movers, trading patterns & key market indicators
Disclosures
Official filings & reports from listed Japanese companies
Explorer
Stock lists filtered by fundamental & technical metrics
Nippon Tungsten, Ordinary Profit Forecast for Last Fiscal Year Revised Upward by 18%
6998 Nippon Tungsten Co.,Ltd. 【J-GAAP】
Guidance Update ReportNippon Tungsten Co.,Ltd. <6998> [TSE Std] announced a performance revision after the market closed on April 23rd (16:30). The consolidated ordinary profit forecast for the fiscal year ending March 2026 has been revised upward 17.7%, from the previous forecast of 0.96 billion yen to 1.13 billion yen (compared to 0.95 billion yen in the previous period), increasing the growth rate from 0.8% to 18.7%. However, the full-year forecast for consolidated net income has decreased 61.4%, from the previous forecast of 0.70 billion yen to 0.27 billion yen (compared to 0.67 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 60.1% decrease in profit.
Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (second half) consolidated ordinary profit is expected to increase 32.7%, from the previous forecast of 0.52 billion yen to 0.69 billion yen (compared to 0.42 billion yen in the same period of the previous year), increasing the growth rate from 21.2% to 60.8%.
Kabutan News
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 | 6,750 | 403 | 520 | 396 | 81.5 | 25 | Nov 13, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 6,750 | 413 | 690 | -34 | -7.0 | 25 | Apr 23, 2026 | J-GAAP |
| Revision Rate | 0.0% | +2.5% | +32.7% | - | - |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 12,800 | 700 | 960 | 700 | 144.1 | 50 | May 14, 2025 | J-GAAP |
| Mar, 2026 New | 12,800 | 710 | 1,130 | 270 | 55.7 | 50 | Apr 23, 2026 | J-GAAP |
| Revision Rate | 0.0% | +1.4% | +17.7% | -61.4% | -61.4% |
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 | 6,083 | 292 | 429 | 322 | 66.5 | 25 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 6,750 | 413 | 690 | -34 | -7.0 | 25 | Apr 23, 2026 | J-GAAP |
| YoY | +11.0% | +41.4% | +60.8% | - | - |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 11,464 | 476 | 786 | 527 | 108.9 | 50 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 12,392 | 689 | 952 | 676 | 139.6 | 50 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 12,800 | 710 | 1,130 | 270 | 55.7 | 50 | Apr 23, 2026 | J-GAAP |
| YoY | +3.3% | +3.0% | +18.7% | -60.1% | -60.1% |
Related Articles
Market Outlook: Can defense stocks catch the wind as Nikkei returns to record highs?
DAIICHI KIGENSO, Ordinary Profit Forecast for Last Fiscal Year Revised Upward by 35%
KI-STAR REAL ESTATE, Last Fiscal Year Dividend Revised Upward by 5 Yen
TSUKISHIMA HOLDINGS, Ordinary Profit Forecast for Last Fiscal Year Revised Upward by 5%, Raises Record High Profit Forecast, Dividend Revised Upward by 3 Yen
Maruhachi Securities, 68% Increase in Undisclosed Ordinary Profit for Last Fiscal Year
ASAHI-SEIKI MANUFACTURING, Ordinary Profit Forecast for Last Fiscal Year Turns to Profit, Exceeds Expectations
VALTES HOLDINGS, Ordinary Profit Forecast for Last Fiscal Year Revised Upward by 39%
YONDENKO, Ordinary Profit Forecast for Last Fiscal Year Revised Upward to an Unexpected 9% Increase, Raises Record High Profit, Dividend Revised Upward by 5 Yen
CHUBU SHIRYO, Ordinary Profit Forecast for Last Fiscal Year Revised Upward by 27%, Highest in Six Terms, Dividend Revised Upward by 5 Yen
TOKYO ENERGY & SYSTEMS, Ordinary Profit Forecast for Last Fiscal Year Revised Upward by 34%, Dividend Revised Upward by 6 Yen