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NS Solutions, Apr-Dec (Cumulative 3Q) Net Income Increases by 4%, Oct-Dec Net Income Increases by 11%
2327 NS Solutions Corporation 【IFRS】
Earnings ReportNS Solutions Corporation <2327> [TSE Prime] announced its financial results (based on IFRS) after the market closed on January 30th (15:30). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 3.5% from the same period last year, reaching 21.1 billion yen. However, Progress toward the full-year plan of 29.2 billion yen was 72.3%, almost the same as the four-year average of 70.4%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income for the January to March period (4Q) is expected to grow 21.6% from the same period last year, reaching 8.08 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated net income grew 10.9% from the same period last year, reaching 9.11 billion yen. However, the operating profit margin decreased from 13.7% in the same period last year to 13.1%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 220,119 | 23,295 | 23,706 | 15,483 | 84.6 | 66.9 | Feb 2, 2024 | IFRS |
| Apr - Dec, 2024 | 240,294 | 29,587 | 30,270 | 20,401 | 111.5 | 77.5 | Feb 4, 2025 | IFRS |
| Apr - Dec, 2025 | 275,395 | 30,990 | 31,811 | 21,119 | 115.4 | 72.8 | Jan 30, 2026 | IFRS |
| YoY | +14.6% | +4.7% | +5.1% | +3.5% | +3.5% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 181,689 | 20,372 | 20,919 | 14,863 | 81.2 | 37.50 | Apr 28, 2025 | IFRS |
| Oct - Mar, 2025 Guidance | 198,625 | 24,728 | 24,852 | 17,193 | 94.0 | 40 | Oct 30, 2025 | IFRS |
| YoY | +9.3% | +21.4% | +18.8% | +15.7% | +15.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 310,632 | 35,001 | 35,437 | 24,241 | 132.5 | 42.50 | Apr 26, 2024 | IFRS |
| Mar, 2025 | 338,301 | 38,497 | 39,076 | 27,049 | 147.8 | 74 | Apr 28, 2025 | IFRS |
| Mar, 2026 Guidance | 377,000 | 43,000 | 43,700 | 29,200 | 159.6 | 80 | Oct 30, 2025 | IFRS |
| YoY | +11.4% | +11.7% | +11.8% | +8.0% | +7.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 83,682 | 11,462 | 12,113 | 8,215 | 44.9 | 13.7 | Feb 4, 2025 | IFRS |
| Jan - Mar, 2025 | 98,007 | 8,910 | 8,806 | 6,648 | 36.3 | 9.1 | Apr 28, 2025 | IFRS |
| Apr - Jun, 2025 | 82,684 | 8,485 | 8,814 | 5,111 | 27.9 | 10.3 | Jul 30, 2025 | IFRS |
| Jul - Sep, 2025 | 95,691 | 9,787 | 10,034 | 6,896 | 37.7 | 10.2 | Oct 30, 2025 | IFRS |
| Oct - Dec, 2025 | 97,020 | 12,718 | 12,963 | 9,112 | 49.8 | 13.1 | Jan 30, 2026 | IFRS |
| YoY | +15.9% | +11.0% | +7.0% | +10.9% | +10.9% |
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