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
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2025 Prev | 6,750M | 403M | 520M | 396M | 81.5 | 25 | Nov 13, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 6,750M | 413M | 690M | -34M | -7.0 | 25 | Apr 23, 2026 | J-GAAP |
| Revision Rate | 0.0% | +2.5% | +32.7% | － | － |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 12,800M | 700M | 960M | 700M | 144.1 | 50 | May 14, 2025 | J-GAAP |
| Mar, 2026 New | 12,800M | 710M | 1,130M | 270M | 55.7 | 50 | Apr 23, 2026 | J-GAAP |
| Revision Rate | 0.0% | +1.4% | +17.7% | -61.4% | -61.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
6,083M | 292M | 429M | 322M | 66.5 | 25 | May 14, 2025 | J-GAAP |
|
Guidance
Oct - Mar, 2025
|
6,750M | 413M | 690M | -34M | -7.0 | 25 | Apr 23, 2026 | J-GAAP |
| YoY | +11.0% | +41.4% | +60.8% | － | － |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
11,464M | 476M | 786M | 527M | 108.9 | 50 | May 9, 2024 | J-GAAP |
|
|
12,392M | 689M | 952M | 676M | 139.6 | 50 | May 14, 2025 | J-GAAP |
|
Guidance
Mar, 2026
|
12,800M | 710M | 1,130M | 270M | 55.7 | 50 | Apr 23, 2026 | J-GAAP |
| YoY | +3.3% | +3.0% | +18.7% | -60.1% | -60.1% |
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