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Nabtesco, Net Income Forecast for First Half Revised Upward by 37%, Full Year also Increased
6268 Nabtesco Corporation 【IFRS】
Earnings ReportNabtesco Corporation <6268> [TSE Prime] announced its financial results (based on IFRS) after the market closed on April 30th (16:00). The consolidated net income for the first quarter of the fiscal year ending December 2026 (January to March) expanded 5.48 billion yen, an increase 67.0% compared to the same period last year.
In addition, the January to June period (first half) consolidated net income has been revised upward 37.0%, from the previous forecast of 4.60 billion yen to 6.30 billion yen (compared to 6.51 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 29.4% to 3.3%.
Following the strong performance in the first half, the full-year forecast for consolidated net income has been revised upward 5.7%, from the previous forecast of 17.6 billion yen to 18.6 billion yen (compared to 15.6 billion yen in the previous period), increasing the growth rate from 12.1% to 18.5%.
In the most recent three-month period, from January to March (1Q), the operating profit margin significantly improved from 6.9% in the same period last year to 9.9%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 72,181 | 3,991 | 5,131 | 2,640 | 22.0 | 65.5 | Apr 30, 2024 | IFRS |
| Jan - Mar, 2025 | 71,039 | 4,877 | 4,679 | 3,283 | 27.3 | 46.5 | Apr 30, 2025 | IFRS |
| Jan - Mar, 2026 | 83,032 | 8,209 | 9,613 | 5,483 | 46.8 | 80.1 | Apr 30, 2026 | IFRS |
| YoY | +16.9% | +68.3% | +105.4% | +67.0% | +71.2% |
Guidance Update
First Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2026 Prev | 157,400 | 11,200 | 11,400 | 4,600 | 39.3 | 41 | Feb 12, 2026 | IFRS |
| Jan - Jun, 2026 New | 157,400 | 11,200 | 12,000 | 6,300 | 53.8 | 41 | Apr 30, 2026 | IFRS |
| Revision Rate | 0.0% | 0.0% | +5.3% | +37.0% | +37.0% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2026 Prev | 327,000 | 27,700 | 28,000 | 17,600 | 150.2 | 82 | Feb 12, 2026 | IFRS |
| Dec, 2026 New | 327,000 | 27,700 | 28,600 | 18,600 | 158.7 | 82 | Apr 30, 2026 | IFRS |
| Revision Rate | 0.0% | 0.0% | +2.1% | +5.7% | +5.7% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 | 165,616 | 10,605 | 10,054 | 6,513 | 54.2 | 40 | Jul 31, 2025 | IFRS |
| Jan - Jun, 2026 Guidance | 157,400 | 11,200 | 12,000 | 6,300 | 53.8 | 41 | Apr 30, 2026 | IFRS |
| YoY | -5.0% | +5.6% | +19.4% | -3.3% | -0.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2024 | 280,458 | 12,933 | 13,788 | 10,119 | 84.3 | 80 | Feb 12, 2025 | IFRS |
| Dec, 2025 | 307,912 | 20,726 | 21,656 | 15,695 | 131.6 | 80 | Feb 12, 2026 | IFRS |
| Dec, 2026 Guidance | 327,000 | 27,700 | 28,600 | 18,600 | 158.7 | 82 | Apr 30, 2026 | IFRS |
| YoY | +6.2% | +33.6% | +32.1% | +18.5% | +20.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 71,039 | 4,877 | 4,679 | 3,283 | 27.3 | 6.9 | Apr 30, 2025 | IFRS |
| Apr - Jun, 2025 | 94,577 | 5,728 | 5,375 | 3,230 | 26.9 | 6.1 | Jul 31, 2025 | IFRS |
| Jul - Sep, 2025 | 53,571 | 4,761 | 5,260 | 4,992 | 41.6 | 8.9 | Oct 31, 2025 | IFRS |
| Oct - Dec, 2025 | 88,725 | 5,360 | 6,342 | 4,190 | 35.1 | 6.0 | Feb 12, 2026 | IFRS |
| Jan - Mar, 2026 | 83,032 | 8,209 | 9,613 | 5,483 | 46.8 | 9.9 | Apr 30, 2026 | IFRS |
| YoY | +16.9% | +68.3% | +105.4% | +67.0% | +71.2% |
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