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NICHIDEN, 4% Increase in Ordinary Profit, Update Record High for Third Consecutive Term, Dividend Raised by 30 Yen
9902 NICHIDEN Corporation 【J-GAAP】
Earnings ReportNICHIDEN Corporation <9902> [TSE Prime] announced its financial results in the afternoon session on May 8th (13:00). The consolidated ordinary profit for the fiscal year ended March 2026 increased by 3.7% from the previous period to 7.46 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to grow by 4.5% to 7.80 billion yen, marking the third consecutive term of record-high profits. This will be the third consecutive term of revenue and profit growth.
At the same time, the company has decided to increase the dividend this fiscal year to 100 yen, an increase of 30 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit grew 20.1% from the same period last year, reaching 2.34 billion yen. However, the operating profit margin remained almost flat, changing from 5.7% in the same period last year to 5.7%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 126,912 | 5,809 | 6,431 | 4,674 | 151.8 | 65 | May 8, 2024 | J-GAAP |
| Mar, 2025 | 134,771 | 6,824 | 7,200 | 4,892 | 164.3 | 75 | May 8, 2025 | J-GAAP |
| Mar, 2026 | 141,033 | 6,622 | 7,465 | 5,114 | 173.2 | 70 | May 8, 2026 | J-GAAP |
| YoY | +4.6% | -3.0% | +3.7% | +4.5% | +5.4% |
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 | 140,000 | 6,700 | 7,200 | 4,900 | 165.9 | 70 | May 8, 2025 | J-GAAP |
| Mar, 2026 Results | 141,033 | 6,622 | 7,465 | 5,114 | 173.2 | 70 | May 8, 2026 | J-GAAP |
| Revision Rate | +0.7% | -1.2% | +3.7% | +4.4% | +4.4% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 67,280 | 2,804 | 3,250 | 2,190 | 74.2 | 35 | Nov 5, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 74,500 | 3,150 | 3,420 | 2,370 | 80.2 | 50 | May 8, 2026 | J-GAAP |
| YoY | +10.7% | +12.3% | +5.2% | +8.2% | +8.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 134,771 | 6,824 | 7,200 | 4,892 | 164.3 | 75 | May 8, 2025 | J-GAAP |
| Mar, 2026 | 141,033 | 6,622 | 7,465 | 5,114 | 173.2 | 70 | May 8, 2026 | J-GAAP |
| Mar, 2027 Guidance | 150,000 | 7,300 | 7,800 | 5,500 | 186.2 | 100 | May 8, 2026 | J-GAAP |
| YoY | +6.4% | +10.2% | +4.5% | +7.5% | +7.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 34,763 | 1,998 | 1,952 | 1,368 | 46.0 | 5.7 | May 8, 2025 | J-GAAP |
| Apr - Jun, 2025 | 33,265 | 1,286 | 1,512 | 1,025 | 34.7 | 3.9 | Aug 1, 2025 | J-GAAP |
| Jul - Sep, 2025 | 34,015 | 1,518 | 1,738 | 1,165 | 39.5 | 4.5 | Nov 5, 2025 | J-GAAP |
| Oct - Dec, 2025 | 35,563 | 1,656 | 1,870 | 1,234 | 41.8 | 4.7 | Feb 3, 2026 | J-GAAP |
| Jan - Mar, 2026 | 38,190 | 2,162 | 2,345 | 1,690 | 57.2 | 5.7 | May 8, 2026 | J-GAAP |
| YoY | +9.9% | +8.2% | +20.1% | +23.5% | +24.5% |
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