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Nakabohtec Corrosion Protecting, 3% Decrease in Ordinary Profit for The Current Fiscal Year, Despite Last Fiscal Year's Dividend Increase, This Fiscal Year to Decrease Dividend

Mon May 11, 2026 4:30 pm JST Earnings

1787 Nakabohtec Corrosion Protecting Co.,Ltd. 【J-GAAP】

Earnings Report

Nakabohtec Corrosion Protecting Co.,Ltd. <1787> [TSE Std] announced its financial results after the market closed on May 11th (16:30). The ordinary profit (non-consolidated) for the fiscal year ended March 2026 decreased by 7.9% from the previous period to 1.38 billion yen. For the fiscal year ending March 2027, the ordinary profit is expected to decrease by 2.7% from the previous period to 1.34 billion yen.

At the same time, the company increased the annual dividend for the previous term from 260 yen to 335 yen (compared to 300 yen in the prior term), and has decided to reduce the dividend this fiscal year to 260 yen, a decrease of 75 yen from the previous fiscal year.

In the most recent three-month period, from January to March (4Q), the ordinary profit grew 7.1% from the same period last year, reaching 0.94 billion yen. The operating profit margin rose from 15.0% in the same period last year to 15.9%.

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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 13,780 1,176 1,204 834 339.1 240 May 8, 2024 J-GAAP
Mar, 2025 14,725 1,457 1,502 1,047 425.5 300 May 8, 2025 J-GAAP
Mar, 2026 14,903 1,311 1,384 1,186 482.5 335 May 11, 2026 J-GAAP
YoY +1.2% -10.0% -7.9% +13.3% +13.4%

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 14,500 1,278 1,318 923 376.4 260 May 8, 2025 J-GAAP
Mar, 2026 Results 14,903 1,311 1,384 1,186 482.5 335 May 11, 2026 J-GAAP
Revision Rate +2.8% +2.6% +5.0% +28.5% +28.2%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 4,984 -146 -109 -86 -35.3 0 Nov 4, 2025 J-GAAP
Apr - Sep, 2026 Guidance 0 May 11, 2026 J-GAAP
YoY

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 14,725 1,457 1,502 1,047 425.5 300 May 8, 2025 J-GAAP
Mar, 2026 14,903 1,311 1,384 1,186 482.5 335 May 11, 2026 J-GAAP
Mar, 2027 Guidance 15,200 1,307 1,347 923 376.4 260 May 11, 2026 J-GAAP
YoY +2.0% -0.3% -2.7% -22.2% -22.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2025 5,798 869 878 621 252.4 15.0 May 8, 2025 J-GAAP
Apr - Jun, 2025 1,727 -372 -355 -254 -103.5 -21.5 Aug 4, 2025 J-GAAP
Jul - Sep, 2025 3,257 226 246 168 69.0 6.9 Nov 4, 2025 J-GAAP
Oct - Dec, 2025 4,140 536 553 382 155.7 12.9 Feb 9, 2026 J-GAAP
Jan - Mar, 2026 5,779 921 940 890 362.1 15.9 May 11, 2026 J-GAAP
YoY -0.3% +6.0% +7.1% +43.3% +43.5%

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