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NAFCO, 2.0 times Increase in Ordinary Profit for The Current Fiscal Year
2790 NAFCO CO., Ltd 【J-GAAP】
Earnings ReportNAFCO CO., Ltd <2790> [TSE Std] announced its financial results after the market closed on May 8th (15:30). The ordinary profit (non-consolidated) for the fiscal year ended March 2026 increased by 12.0% from the previous period to 1.48 billion yen. For the fiscal year ending March 2027, the ordinary profit is expected to surge 2.0 times the previous term, reaching 3.03 billion yen.
In the most recent three-month period, from January to March (4Q), the ordinary loss expanded to a loss of 1.44 billion yen (compared to a loss of 0.98 billion yen in the same period last year). The operating profit/loss margin worsened from -2.6% in the same period last year to -3.7%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 192,974 | 5,477 | 5,552 | 3,107 | 110.3 | 58 | Apr 26, 2024 | J-GAAP |
| Mar, 2025 | 181,850 | 1,266 | 1,329 | 183 | 7.0 | 58 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 175,272 | 1,636 | 1,488 | 223 | 9.1 | 58 | May 8, 2026 | J-GAAP |
| YoY | -3.6% | +29.2% | +12.0% | +21.9% | +30.8% |
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 | 173,080 | 2,700 | 2,763 | 1,260 | 51.3 | 58 | May 9, 2025 | J-GAAP |
| Mar, 2026 Results | 175,272 | 1,636 | 1,488 | 223 | 9.1 | 58 | May 8, 2026 | J-GAAP |
| Revision Rate | +1.3% | -39.4% | -46.1% | -82.3% | -82.3% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 90,993 | 1,833 | 1,710 | 813 | 33.1 | 29 | Nov 7, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 94,418 | 2,446 | 2,457 | 1,286 | 52.3 | 29 | May 8, 2026 | J-GAAP |
| YoY | +3.8% | +33.4% | +43.7% | +58.2% | +58.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 181,850 | 1,266 | 1,329 | 183 | 7.0 | 58 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 175,272 | 1,636 | 1,488 | 223 | 9.1 | 58 | May 8, 2026 | J-GAAP |
| Mar, 2027 Guidance | 180,770 | 2,930 | 3,030 | 1,270 | 51.7 | 58 | May 8, 2026 | J-GAAP |
| YoY | +3.1% | +79.1% | +103.6% | +469.5% | +468.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 38,023 | -997 | -986 | -945 | -35.9 | -2.6 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 47,064 | 1,823 | 1,797 | 766 | 31.2 | 3.9 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 43,929 | 10 | -87 | 47 | 1.9 | 0.0 | Nov 7, 2025 | J-GAAP |
| Oct - Dec, 2025 | 46,222 | 1,194 | 1,224 | 691 | 28.1 | 2.6 | Feb 6, 2026 | J-GAAP |
| Jan - Mar, 2026 | 38,057 | -1,391 | -1,446 | -1,281 | -52.2 | -3.7 | May 8, 2026 | J-GAAP |
| YoY | +0.1% | -39.5% | -46.7% | -35.6% | -45.5% |
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