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NIHON SEIKAN, The Current Fiscal Year's Ordinary Loss to Narrow, Reduced Previous Year's Dividend by 10 Yen, Plan to Continue the 20 Yen Policy This Fiscal Year as Well

Thu Apr 30, 2026 5:00 pm JST Earnings

5905 NIHON SEIKAN K.K 【J-GAAP】

Earnings Report

NIHON SEIKAN K.K <5905> [TSE Std] announced its financial results after the market closed on April 30th (17:00). The consolidated ordinary loss for the fiscal year ended March 2026 was loss of 283 million yen, a reduction in the deficit compared to loss of 476 million yen in the previous term. For the fiscal year ending March 2027, the consolidated ordinary loss is expected to further decrease to loss of 135 million yen. This will mark the third consecutive term of losses.

At the same time, the company has reduced the annual dividend for the previous term from 30 yen to 20 yen (compared to 20 yen in the prior term), and has decided to continue with a dividend of 20 yen for the current term as well.

In the most recent three-month period, from January to March (4Q), the consolidated ordinary loss improved to a deficit of 123 million yen (compared to a loss of 175 million yen in the same period last year). The operating profit/loss margin improved from -7.2% in the same period last year to -4.5%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 12,248 256 323 271 199.8 70 Apr 30, 2024 J-GAAP
Mar, 2025 11,259 -540 -476 -335 -249.9 20 Apr 30, 2025 J-GAAP
Mar, 2026 11,442 -307 -283 -346 -257.1 20 Apr 30, 2026 J-GAAP
YoY +1.6% +43.1% +40.5% -3.3% -2.9%

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 12,259 -318 -279 -267 -197.3 30 Dec 23, 2025 J-GAAP
Mar, 2026 Results 11,442 -307 -283 -346 -257.1 20 Apr 30, 2026 J-GAAP
Revision Rate -6.7% +3.5% -1.4% -29.6% -30.3%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 5,791 -115 -96 -20 -15.3 0 Oct 31, 2025 J-GAAP
Apr - Sep, 2026 Guidance 5,705 -61 -84 -79 -58.4 0 Apr 30, 2026 J-GAAP
YoY -1.5% +47.0% +12.5% -295.0% -281.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 11,259 -540 -476 -335 -249.9 20 Apr 30, 2025 J-GAAP
Mar, 2026 11,442 -307 -283 -346 -257.1 20 Apr 30, 2026 J-GAAP
Mar, 2027 Guidance 11,525 -104 -135 -69 -51.0 20 Apr 30, 2026 J-GAAP
YoY +0.7% +66.1% +52.3% +80.1% +80.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2025 2,504 -181 -175 492 367.0 -7.2 Apr 30, 2025 J-GAAP
Apr - Jun, 2025 2,836 -73 -62 -53 -40.3 -2.6 Jul 31, 2025 J-GAAP
Jul - Sep, 2025 2,955 -42 -34 33 25.3 -1.4 Oct 31, 2025 J-GAAP
Oct - Dec, 2025 3,005 -72 -64 -58 -43.3 -2.4 Jan 30, 2026 J-GAAP
Jan - Mar, 2026 2,646 -120 -123 -268 -199.2 -4.5 Apr 30, 2026 J-GAAP
YoY +5.7% +33.7% +29.7% － －

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