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NIPPON GEAR, 2% Increase in Ordinary Profit, Update Record High for Fourth Consecutive Term, Increased Previous Year's Dividend by 2 Yen, Plan to Continue the 10 Yen Policy This Fiscal Year as Well
6356 NIPPON GEAR CO.,LTD. 【J-GAAP】
Earnings ReportNIPPON GEAR CO.,LTD. <6356> [TSE Std] announced its financial results in the afternoon session on May 13th (13:00). The ordinary profit (non-consolidated) for the fiscal year ended March 2026 increased by 16.5% from the previous period to 2.50 billion yen exceeding the previous forecast of 2.09 billion yen and resulted in an increase in profit, a complete reversal from the forecast for a decline in profit. For the fiscal year ending March 2027, the ordinary profit is expected to grow by 2.1% to 2.56 billion yen, marking the fourth consecutive term of record-high profits. This will be the fifth consecutive term of profit growth.
At the same time, the company increased the annual dividend for the previous term from 8 yen to 10 yen (compared to 8 yen in the prior term), and has decided to continue with a dividend of 10 yen for the current term as well.
In the most recent three-month period, from January to March (4Q), the ordinary profit increased 77.3% from the same period last year, reaching 1.02 billion yen. The operating profit margin jumped from 20.6% in the same period last year to 32.0%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 9,622 | 2,128 | 2,151 | 1,539 | 108.1 | 8 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 9,555 | 2,105 | 2,152 | 1,550 | 108.9 | 8 | May 13, 2025 | J-GAAP |
| Mar, 2026 | 9,883 | 2,457 | 2,507 | 1,751 | 123.0 | 10 | May 13, 2026 | J-GAAP |
| YoY | +3.4% | +16.7% | +16.5% | +13.0% | +13.0% |
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 | 9,300 | 2,060 | 2,090 | 1,480 | 104.0 | 8 | May 13, 2025 | J-GAAP |
| Mar, 2026 Results | 9,883 | 2,457 | 2,507 | 1,751 | 123.0 | 10 | May 13, 2026 | J-GAAP |
| Revision Rate | +6.3% | +19.3% | +20.0% | +18.3% | +18.3% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 4,212 | 791 | 817 | 555 | 39.0 | 4 | Oct 31, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 4,100 | 900 | 930 | 640 | 45.0 | 5 | May 13, 2026 | J-GAAP |
| YoY | -2.7% | +13.8% | +13.8% | +15.3% | +15.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 9,555 | 2,105 | 2,152 | 1,550 | 108.9 | 8 | May 13, 2025 | J-GAAP |
| Mar, 2026 | 9,883 | 2,457 | 2,507 | 1,751 | 123.0 | 10 | May 13, 2026 | J-GAAP |
| Mar, 2027 Guidance | 10,000 | 2,500 | 2,560 | 1,760 | 123.6 | 10 | May 13, 2026 | J-GAAP |
| YoY | +1.2% | +1.8% | +2.1% | +0.5% | +0.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 2,777 | 571 | 578 | 484 | 34.0 | 20.6 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 2,069 | 378 | 397 | 269 | 18.9 | 18.3 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 2,143 | 413 | 420 | 286 | 20.1 | 19.3 | Oct 31, 2025 | J-GAAP |
| Oct - Dec, 2025 | 2,492 | 649 | 665 | 455 | 32.0 | 26.0 | Jan 29, 2026 | J-GAAP |
| Jan - Mar, 2026 | 3,179 | 1,017 | 1,025 | 741 | 52.1 | 32.0 | May 13, 2026 | J-GAAP |
| YoY | +14.5% | +78.1% | +77.3% | +53.1% | +53.1% |
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