kabutan

NIHON KOGYO, 15% Decrease in Ordinary Profit for The Current Fiscal Year

Tue Apr 28, 2026 4:30 pm JST Earnings

5279 NIHON KOGYO CO., LTD. 【J-GAAP】

Earnings Report

NIHON KOGYO CO., LTD. <5279> [TSE Std] announced its financial results after the market closed on April 28th (16:30). The consolidated ordinary profit for the fiscal year ended March 2026 increased by 28.4% from the previous period to 822 million yen. However, for the fiscal year ending March 2027, the consolidated ordinary profit is expected to decrease by 14.8% from the previous period to 700 million yen.

At the same time, the company increased the annual dividend for the previous term from 45 yen to 55 yen (compared to 40 yen in the prior term). For the current term, the company plans to remove the commemorative dividend of the previous term and set the dividend for this term at an ordinary dividend of 45 yen.

In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit decreased to 315 million yen, an 8.4% decrease compared to the same period last year. The operating profit margin worsened from 6.9% in the same period last year to 6.3%.

Kabutan News

Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 13,673 414 464 295 101.9 30 Apr 30, 2024 J-GAAP
Mar, 2025 14,746 594 640 393 135.7 40 Apr 28, 2025 J-GAAP
Mar, 2026 16,321 790 822 577 198.5 55 Apr 28, 2026 J-GAAP
YoY +10.7% +33.0% +28.4% +46.8% +46.3%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Guidance 16,300 790 820 570 195.8 45 Apr 22, 2026 J-GAAP
Mar, 2026 Results 16,321 790 822 577 198.5 55 Apr 28, 2026 J-GAAP
Revision Rate +0.1% 0.0% +0.2% +1.2% +1.4%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 6,859 107 128 74 25.8 0 Oct 28, 2025 J-GAAP
Apr - Sep, 2026 Guidance 6,100 -70 -60 -100 -34.3 0 Apr 28, 2026 J-GAAP
YoY -11.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 14,746 594 640 393 135.7 40 Apr 28, 2025 J-GAAP
Mar, 2026 16,321 790 822 577 198.5 55 Apr 28, 2026 J-GAAP
Mar, 2027 Guidance 15,300 680 700 410 140.6 45 Apr 28, 2026 J-GAAP
YoY -6.3% -13.9% -14.8% -28.9% -29.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2025 4,886 336 344 216 74.6 6.9 Apr 28, 2025 J-GAAP
Apr - Jun, 2025 3,059 35 52 28 9.7 1.1 Jul 25, 2025 J-GAAP
Jul - Sep, 2025 3,800 72 76 46 16.0 1.9 Oct 28, 2025 J-GAAP
Oct - Dec, 2025 4,504 370 379 254 87.4 8.2 Jan 28, 2026 J-GAAP
Jan - Mar, 2026 4,958 313 315 249 85.7 6.3 Apr 28, 2026 J-GAAP
YoY +1.5% -6.8% -8.4% +15.3% +14.8%

Related Articles