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NASU DENKI-TEKKO, 23% Decrease in Ordinary Profit for The Current Fiscal Year, Despite Last Fiscal Year's Dividend Increase, This Fiscal Year to Decrease Dividend
5922 NASU DENKI-TEKKO CO.,LTD. 【J-GAAP】
Earnings ReportNASU DENKI-TEKKO CO.,LTD. <5922> [TSE Std] announced its financial results after the market closed on May 14th (16:00). The consolidated ordinary profit for the fiscal year ended March 2026 increased by 15.6% from the previous period to 3.39 billion yen. However, for the fiscal year ending March 2027, the consolidated ordinary profit is expected to decrease by 22.7% from the previous period to 2.62 billion yen.
At the same time, the company increased the annual dividend for the previous term from 550 yen to 640 yen (compared to 450 yen in the prior term), and has decided to reduce the dividend this fiscal year to 450 yen, a decrease of 190 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit decreased to 0.71 billion yen, a 9.1% decrease compared to the same period last year. The operating profit margin decreased from 12.4% in the same period last year to 11.8%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 23,334 | 2,647 | 2,767 | 1,850 | 1,586.8 | 270 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 22,939 | 2,784 | 2,938 | 1,885 | 1,616.3 | 450 | May 14, 2025 | J-GAAP |
| Mar, 2026 | 23,747 | 3,147 | 3,397 | 2,483 | 2,129.3 | 640 | May 14, 2026 | J-GAAP |
| YoY | +3.5% | +13.0% | +15.6% | +31.7% | +31.7% |
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 | 22,427 | 2,950 | 3,198 | 2,317 | 1,986.8 | 550 | Feb 12, 2026 | J-GAAP |
| Mar, 2026 Results | 23,747 | 3,147 | 3,397 | 2,483 | 2,129.3 | 640 | May 14, 2026 | J-GAAP |
| Revision Rate | +5.9% | +6.7% | +6.2% | +7.2% | +7.2% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 11,060 | 1,343 | 1,526 | 1,114 | 955.8 | 0 | Nov 13, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 9,846 | 1,111 | 1,273 | 817 | 700.6 | 0 | May 14, 2026 | J-GAAP |
| YoY | -11.0% | -17.3% | -16.6% | -26.7% | -26.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 22,939 | 2,784 | 2,938 | 1,885 | 1,616.3 | 450 | May 14, 2025 | J-GAAP |
| Mar, 2026 | 23,747 | 3,147 | 3,397 | 2,483 | 2,129.3 | 640 | May 14, 2026 | J-GAAP |
| Mar, 2027 Guidance | 19,656 | 2,401 | 2,626 | 1,747 | 1,498.0 | 450 | May 14, 2026 | J-GAAP |
| YoY | -17.2% | -23.7% | -22.7% | -29.6% | -29.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 6,404 | 791 | 789 | 244 | 209.2 | 12.4 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 5,138 | 440 | 593 | 434 | 372.4 | 8.6 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 5,922 | 903 | 933 | 680 | 583.4 | 15.2 | Nov 13, 2025 | J-GAAP |
| Oct - Dec, 2025 | 6,679 | 1,098 | 1,154 | 910 | 780.5 | 16.4 | Feb 12, 2026 | J-GAAP |
| Jan - Mar, 2026 | 6,008 | 706 | 717 | 459 | 393.6 | 11.8 | May 14, 2026 | J-GAAP |
| YoY | -6.2% | -10.7% | -9.1% | +88.1% | +88.1% |
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