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NIHON SEIKO, 72% Decrease in Ordinary Profit for The Current Fiscal Year, Despite Last Fiscal Year's Dividend Increase, This Fiscal Year to Decrease Dividend

Tue May 12, 2026 1:00 pm JST Earnings

5729 NIHON SEIKO CO.,LTD. 【J-GAAP】

Earnings Report

NIHON SEIKO CO.,LTD. <5729> [TSE Std] announced its financial results in the afternoon session on May 12th (13:00). The consolidated ordinary profit for the fiscal year ended March 2026 expanded to 70.6% from the previous period to 6.02 billion yen. However, for the fiscal year ending March 2027 is also bleak, with an expected significant drop by 72.3% from the previous period to 1.67 billion yen.

At the same time, the company increased the annual dividend for the previous term from 340 yen to 400 yen (compared to 200 yen in the prior term), and the annual dividend for this fiscal year is 60 yen, taking into account the forward stock split scheduled to be allocated on March 31, this dividend represents an actual reduce of 40.0%.

In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit/loss turned to a loss of 0.18 billion yen (compared to a profit of 1.82 billion yen in the same period last year). The operating profit/loss margin drastically worsened from 23.5% in the same period last year to -2.0%.

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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 15,589 674 706 502 51.5 20 May 14, 2024 J-GAAP
Mar, 2025 25,179 3,598 3,531 2,456 251.0 50 May 13, 2025 J-GAAP
Mar, 2026 40,866 6,080 6,025 4,214 430.1 100 May 12, 2026 J-GAAP
YoY +62.3% +69.0% +70.6% +71.6% +71.4%

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 40,200 5,300 5,200 3,550 362.1 85 Sep 24, 2025 J-GAAP
Mar, 2026 Results 40,866 6,080 6,025 4,214 430.1 100 May 12, 2026 J-GAAP
Revision Rate +1.7% +14.7% +15.9% +18.7% +18.8%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 20,839 4,802 4,755 3,301 337.2 42.50 Nov 7, 2025 J-GAAP
Apr - Sep, 2026 Guidance May 12, 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 25,179 3,598 3,531 2,456 251.0 50 May 13, 2025 J-GAAP
Mar, 2026 40,866 6,080 6,025 4,214 430.1 100 May 12, 2026 J-GAAP
Mar, 2027 Guidance 34,400 1,710 1,670 1,120 114.3 60 May 12, 2026 J-GAAP
YoY -15.8% -71.9% -72.3% -73.4% -73.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2025 7,845 1,842 1,826 1,269 129.7 23.5 May 13, 2025 J-GAAP
Apr - Jun, 2025 10,793 2,878 2,839 1,967 201.0 26.7 Aug 1, 2025 J-GAAP
Jul - Sep, 2025 10,046 1,924 1,916 1,334 136.3 19.2 Nov 7, 2025 J-GAAP
Oct - Dec, 2025 10,651 1,461 1,457 1,013 103.4 13.7 Feb 5, 2026 J-GAAP
Jan - Mar, 2026 9,376 -183 -187 -100 -10.2 -2.0 May 12, 2026 J-GAAP
YoY +19.5%

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