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Nitori, 2% Increase in Net Income for The Current Fiscal Year, Dividend Effectively Increased
9843 Nitori Holdings Co., Ltd. 【J-GAAP】
Earnings ReportNitori Holdings Co., Ltd. <9843> [TSE Prime] announced its financial results (based on IFRS) after the market closed on May 14th (15:30). The consolidated net income for the fiscal year ended March 2026 increased by 8.1% from the previous period to 89.2 billion yen. For the fiscal year ending March 2027, the consolidated net income is expected to grow by 1.9% to 91.0 billion yen.
At the same time, the annual dividend for this fiscal year is 32 yen, taking into account the previous year's forward stock split, this dividend represents an actual increase of 3.9%.
In the most recent three-month period, from January to March (4Q), the consolidated net income surged 2.3 times that of the same period last year, reaching 14.9 billion yen. The operating profit margin drastically improved from 4.3% in the same period last year to 9.4%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 895,799 | 127,725 | 132,377 | 86,523 | 153.1 | 29.40 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 928,828 | 117,665 | 117,448 | 82,546 | 146.1 | 30.40 | May 13, 2025 | IFRS |
| Mar, 2026 | 912,248 | 125,526 | 127,357 | 89,270 | 158.0 | 30.80 | May 14, 2026 | IFRS |
| YoY | -1.8% | +6.7% | +8.4% | +8.1% | +8.1% |
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 | 988,000 | 135,800 | 137,000 | 94,000 | 166.4 | 30.80 | Jul 15, 2025 | IFRS |
| Mar, 2026 Results | 912,248 | 125,526 | 127,357 | 89,270 | 158.0 | 30.80 | May 14, 2026 | IFRS |
| Revision Rate | -7.7% | -7.6% | -7.0% | -5.0% | -5.0% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 439,111 | 59,859 | 60,360 | 41,741 | 73.9 | 15.40 | Nov 13, 2025 | IFRS |
| Apr - Sep, 2026 Guidance | 457,400 | 60,200 | 60,500 | 42,100 | 74.5 | 16 | May 14, 2026 | IFRS |
| YoY | +4.2% | +0.6% | +0.2% | +0.9% | +0.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 928,828 | 117,665 | 117,448 | 82,546 | 146.1 | 30.40 | May 13, 2025 | IFRS |
| Mar, 2026 | 912,248 | 125,526 | 127,357 | 89,270 | 158.0 | 30.80 | May 14, 2026 | IFRS |
| Mar, 2027 Guidance | 957,000 | 130,300 | 131,000 | 91,000 | 161.1 | 32 | May 14, 2026 | IFRS |
| YoY | +4.9% | +3.8% | +2.9% | +1.9% | +1.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 222,415 | 9,563 | 8,701 | 6,469 | 11.5 | 4.3 | May 13, 2025 | IFRS |
| Apr - Jun, 2025 | 231,694 | 36,942 | 37,132 | 26,154 | 46.3 | 15.9 | Aug 7, 2025 | IFRS |
| Jul - Sep, 2025 | 207,417 | 22,917 | 23,228 | 15,587 | 27.6 | 11.0 | Nov 13, 2025 | IFRS |
| Oct - Dec, 2025 | 249,392 | 44,635 | 46,964 | 32,605 | 57.7 | 17.9 | Feb 13, 2026 | IFRS |
| Jan - Mar, 2026 | 223,745 | 21,032 | 20,033 | 14,924 | 26.4 | 9.4 | May 14, 2026 | IFRS |
| YoY | +0.6% | +119.9% | +130.2% | +130.7% | +130.7% |
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