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NIPPON KAYAKU, 1% Decrease in Ordinary Profit for The Current Fiscal Year, Increased Previous Year's Dividend by 6 Yen, Plan to Continue the 66 Yen Policy This Fiscal Year as Well
4272 NIPPON KAYAKU CO.,LTD. 【J-GAAP】
Earnings ReportNIPPON KAYAKU CO.,LTD. <4272> [TSE Prime] announced its financial results after the market closed on May 12th (16:00). The consolidated ordinary profit for the fiscal year ended March 2026 increased by 14.4% from the previous period to 25.4 billion yen. However, for the fiscal year ending March 2027, the consolidated ordinary profit is expected to decrease by 1.1% from the previous period to 25.2 billion yen.
At the same time, the company increased the annual dividend for the previous term from 60 yen to 66 yen (compared to 60 yen in the prior term), and has decided to continue with a dividend of 66 yen for the current term as well.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit surged 5.4 times that of the same period last year, reaching 6.77 billion yen. The operating profit margin significantly improved from 4.2% in the same period last year to 9.1%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 201,791 | 7,337 | 12,562 | 4,113 | 24.8 | 45 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 222,584 | 20,401 | 22,266 | 17,508 | 107.2 | 60 | May 13, 2025 | J-GAAP |
| Mar, 2026 | 241,851 | 22,454 | 25,478 | 24,641 | 161.2 | 66 | May 12, 2026 | J-GAAP |
| YoY | +8.7% | +10.1% | +14.4% | +40.7% | +50.4% |
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 | 239,800 | 21,300 | 20,900 | 20,400 | 136.6 | 60 | Nov 11, 2025 | J-GAAP |
| Mar, 2026 Results | 241,851 | 22,454 | 25,478 | 24,641 | 161.2 | 66 | May 12, 2026 | J-GAAP |
| Revision Rate | +0.9% | +5.4% | +21.9% | +20.8% | +18.0% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 113,575 | 10,618 | 10,843 | 11,689 | 75.1 | 30 | Nov 11, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 123,500 | 11,800 | 11,900 | 11,800 | 79.5 | 33 | May 12, 2026 | J-GAAP |
| YoY | +8.7% | +11.1% | +9.7% | +0.9% | +5.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 222,584 | 20,401 | 22,266 | 17,508 | 107.2 | 60 | May 13, 2025 | J-GAAP |
| Mar, 2026 | 241,851 | 22,454 | 25,478 | 24,641 | 161.2 | 66 | May 12, 2026 | J-GAAP |
| Mar, 2027 Guidance | 260,600 | 25,400 | 25,200 | 22,300 | 150.2 | 66 | May 12, 2026 | J-GAAP |
| YoY | +7.8% | +13.1% | -1.1% | -9.5% | -6.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 54,629 | 2,287 | 1,263 | 4,196 | 25.7 | 4.2 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 54,758 | 4,367 | 4,067 | 4,292 | 27.3 | 8.0 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 58,817 | 6,251 | 6,776 | 7,397 | 47.5 | 10.6 | Nov 11, 2025 | J-GAAP |
| Oct - Dec, 2025 | 61,023 | 5,703 | 7,859 | 5,634 | 36.6 | 9.3 | Feb 2, 2026 | J-GAAP |
| Jan - Mar, 2026 | 67,253 | 6,133 | 6,776 | 7,318 | 47.9 | 9.1 | May 12, 2026 | J-GAAP |
| YoY | +23.1% | +168.2% | +436.5% | +74.4% | +86.4% |
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