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NICHIAS, 14% Increase in Ordinary Profit, Record High for The First Time in Two Years, Dividend Effectively Increased
5393 NICHIAS CORPORATION 【J-GAAP】
Earnings ReportNICHIAS CORPORATION <5393> [TSE Prime] announced its financial results after the market closed on May 11th (15:30). The consolidated ordinary profit for the fiscal year ended March 2026 decreased by 5.6% from the previous period to 39.3 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to expand to 14.3% to 45.0 billion yenExpected to reach record high profits for the first time in two years.
At the same time, the annual dividend for this fiscal year is 65 yen, taking into account the forward stock split scheduled to be allocated on March 31, this dividend represents an actual increase of 18.9%.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit increased 47.9% from the same period last year, reaching 12.4 billion yen. The operating profit margin rose from 13.8% in the same period last year to 17.5%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 249,391 | 35,208 | 38,787 | 26,961 | 135.5 | 32.67 | May 7, 2024 | J-GAAP |
| Mar, 2025 | 256,512 | 39,732 | 41,693 | 32,073 | 163.8 | 36 | May 12, 2025 | J-GAAP |
| Mar, 2026 | 251,910 | 37,014 | 39,377 | 31,634 | 165.6 | 54.67 | May 11, 2026 | J-GAAP |
| YoY | -1.8% | -6.8% | -5.6% | -1.4% | +1.1% |
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 | 254,000 | 36,500 | 36,500 | 25,800 | 136.4 | 54.67 | Feb 9, 2026 | J-GAAP |
| Mar, 2026 Results | 251,910 | 37,014 | 39,377 | 31,634 | 165.6 | 54.67 | May 11, 2026 | J-GAAP |
| Revision Rate | -0.8% | +1.4% | +7.9% | +22.6% | +21.4% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 122,744 | 17,778 | 18,361 | 12,737 | 66.3 | 25.33 | Nov 11, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 130,000 | 20,500 | 20,500 | 14,500 | 76.7 | 35 | May 11, 2026 | J-GAAP |
| YoY | +5.9% | +15.3% | +11.6% | +13.8% | +15.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 256,512 | 39,732 | 41,693 | 32,073 | 163.8 | 36 | May 12, 2025 | J-GAAP |
| Mar, 2026 | 251,910 | 37,014 | 39,377 | 31,634 | 165.6 | 54.67 | May 11, 2026 | J-GAAP |
| Mar, 2027 Guidance | 270,000 | 45,000 | 45,000 | 32,000 | 169.2 | 65 | May 11, 2026 | J-GAAP |
| YoY | +7.2% | +21.6% | +14.3% | +1.2% | +2.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 63,579 | 8,769 | 8,421 | 9,021 | 46.1 | 13.8 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 62,044 | 9,229 | 9,233 | 6,569 | 34.1 | 14.9 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 60,700 | 8,549 | 9,128 | 6,168 | 32.1 | 14.1 | Nov 11, 2025 | J-GAAP |
| Oct - Dec, 2025 | 62,272 | 7,532 | 8,560 | 8,469 | 44.2 | 12.1 | Feb 9, 2026 | J-GAAP |
| Jan - Mar, 2026 | 66,894 | 11,704 | 12,456 | 10,428 | 54.6 | 17.5 | May 11, 2026 | J-GAAP |
| YoY | +5.2% | +33.5% | +47.9% | +15.6% | +18.5% |
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