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NSK, 5% Increase in Net Income for The Current Fiscal Year
6471 NSK Ltd. 【IFRS】
Earnings ReportNSK Ltd. <6471> [TSE Prime] announced its financial results (based on IFRS) after the market closed on May 12th (15:30). The consolidated net income for the fiscal year ended March 2026 surged by 2.1 times that of the previous term, reaching 22.8 billion yen. For the fiscal year ending March 2027, the consolidated net income is expected to grow by 5.0% to 24.0 billion yen. This will be the fourth consecutive term of revenue and the third consecutive term of profit growth.
In the most recent three-month period, from January to March (4Q), the consolidated net income increased 38.8% from the same period last year, reaching 9.32 billion yen. However, the operating profit margin worsened from 6.4% in the same period last year to 4.5%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 788,867 | 27,391 | 26,210 | 8,502 | 17.3 | 30 | May 9, 2024 | IFRS |
| Mar, 2025 | 796,667 | 28,457 | 25,100 | 10,647 | 21.8 | 34 | May 12, 2025 | IFRS |
| Mar, 2026 | 911,644 | 38,812 | 38,039 | 22,867 | 46.8 | 34 | May 12, 2026 | IFRS |
| YoY | +14.4% | +36.4% | +51.5% | +114.8% | +114.6% |
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 | 900,000 | 37,000 | 36,000 | 20,000 | 40.9 | 34 | Feb 3, 2026 | IFRS |
| Mar, 2026 Results | 911,644 | 38,812 | 38,039 | 22,867 | 46.8 | 34 | May 12, 2026 | IFRS |
| Revision Rate | +1.3% | +4.9% | +5.7% | +14.3% | +14.4% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 412,250 | 16,467 | 16,061 | 9,319 | 19.1 | 17 | Nov 4, 2025 | IFRS |
| Apr - Sep, 2026 Guidance | 490,000 | 18,000 | 17,000 | 9,500 | 19.4 | 17 | May 12, 2026 | IFRS |
| YoY | +18.9% | +9.3% | +5.8% | +1.9% | +1.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 796,667 | 28,457 | 25,100 | 10,647 | 21.8 | 34 | May 12, 2025 | IFRS |
| Mar, 2026 | 911,644 | 38,812 | 38,039 | 22,867 | 46.8 | 34 | May 12, 2026 | IFRS |
| Mar, 2027 Guidance | 1,000,000 | 42,000 | 40,000 | 24,000 | 49.1 | 34 | May 12, 2026 | IFRS |
| YoY | +9.7% | +8.2% | +5.2% | +5.0% | +4.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 199,746 | 12,824 | 12,246 | 6,716 | 13.7 | 6.4 | May 12, 2025 | IFRS |
| Apr - Jun, 2025 | 195,760 | 4,790 | 4,894 | 1,083 | 2.2 | 2.4 | Jul 31, 2025 | IFRS |
| Jul - Sep, 2025 | 216,490 | 11,677 | 11,167 | 8,236 | 16.8 | 5.4 | Nov 4, 2025 | IFRS |
| Oct - Dec, 2025 | 246,214 | 10,926 | 10,578 | 4,224 | 8.6 | 4.4 | Feb 3, 2026 | IFRS |
| Jan - Mar, 2026 | 253,180 | 11,419 | 11,400 | 9,324 | 19.1 | 4.5 | May 12, 2026 | IFRS |
| YoY | +26.8% | -11.0% | -6.9% | +38.8% | +38.7% |
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