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Nippon Yakin, 24% Increase in Ordinary Profit for The Current Fiscal Year
5480 Nippon Yakin kogyo Co.,Ltd. 【J-GAAP】
Earnings ReportNippon Yakin kogyo Co.,Ltd. <5480> [TSE Prime] announced its financial results after the market closed on May 8th (15:30). The consolidated ordinary profit for the fiscal year ended March 2026 dropped by 40.4% from the previous period to 9.65 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to recover in a V-shape, increasing by 24.3% to 12.0 billion yen.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit dropped to 2.13 billion yen, a 33.8% decrease compared to the same period last year. The operating profit margin worsened from 9.2% in the same period last year to 6.7%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 180,341 | 20,010 | 19,128 | 13,565 | 933.6 | 200 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 172,097 | 16,967 | 16,200 | 11,579 | 819.5 | 220 | May 8, 2025 | J-GAAP |
| Mar, 2026 | 150,866 | 10,973 | 9,657 | 7,215 | 519.9 | 220 | May 8, 2026 | J-GAAP |
| YoY | -12.3% | -35.3% | -40.4% | -37.7% | -36.6% |
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 | 148,000 | 11,000 | 10,000 | 7,000 | 505.3 | 220 | Oct 31, 2025 | J-GAAP |
| Mar, 2026 Results | 150,866 | 10,973 | 9,657 | 7,215 | 519.9 | 220 | May 8, 2026 | J-GAAP |
| Revision Rate | +1.9% | -0.2% | -3.4% | +3.1% | +2.9% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 75,741 | 5,900 | 5,256 | 3,625 | 260.7 | 110 | Oct 31, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 80,000 | 6,000 | 5,500 | 3,500 | 252.6 | 110 | May 8, 2026 | J-GAAP |
| YoY | +5.6% | +1.7% | +4.6% | -3.4% | -3.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 172,097 | 16,967 | 16,200 | 11,579 | 819.5 | 220 | May 8, 2025 | J-GAAP |
| Mar, 2026 | 150,866 | 10,973 | 9,657 | 7,215 | 519.9 | 220 | May 8, 2026 | J-GAAP |
| Mar, 2027 Guidance | 169,000 | 13,000 | 12,000 | 8,000 | 577.5 | 220 | May 8, 2026 | J-GAAP |
| YoY | +12.0% | +18.5% | +24.3% | +10.9% | +11.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 40,731 | 3,763 | 3,227 | 2,484 | 175.8 | 9.2 | May 8, 2025 | J-GAAP |
| Apr - Jun, 2025 | 39,199 | 3,254 | 2,951 | 1,988 | 142.4 | 8.3 | Aug 5, 2025 | J-GAAP |
| Jul - Sep, 2025 | 36,542 | 2,646 | 2,305 | 1,637 | 117.7 | 7.2 | Oct 31, 2025 | J-GAAP |
| Oct - Dec, 2025 | 36,121 | 2,448 | 2,264 | 1,858 | 133.8 | 6.8 | Feb 5, 2026 | J-GAAP |
| Jan - Mar, 2026 | 39,004 | 2,625 | 2,137 | 1,732 | 124.8 | 6.7 | May 8, 2026 | J-GAAP |
| YoY | -4.2% | -30.2% | -33.8% | -30.3% | -29.0% |
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