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NIPPON PAINT, Jan-Sep (Cumulative 3Q) Net Income Increases by 39%, Jul-Sep Net Income Increases by 47%

Fri Nov 14, 2025 3:30 pm JST Earnings

4612 NIPPON PAINT HOLDINGS CO.,LTD. 【IFRS】

Earnings Report

NIPPON PAINT HOLDINGS CO.,LTD. <4612> [TSE Prime] announced its financial results (based on IFRS) after the market closed on November 14th (15:30). The consolidated net income for the cumulative third quarter of the fiscal year ending December 2025 (January to September) expanded 134 billion yen, an increase 38.6% compared to the same period last year. Progress toward the full-year plan of 162 billion yen was 82.9%, also surpassing the five-year average of 73.9%.

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 October to December period (4Q) is expected to decrease 9.1% from the same period last year to 27.6 billion yen.

In the most recent three-month period, from July to September (3Q), the consolidated net income increased 47.2% from the same period last year, reaching 46.8 billion yen. The operating profit margin rose from 11.6% in the same period last year to 14.9%.

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Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jan - Sep, 2023 1,085,878 131,625 127,042 93,444 39.8 78.7 Nov 14, 2023 IFRS
Jan - Sep, 2024 1,222,747 139,705 133,606 96,902 41.3 73.6 Nov 14, 2024 IFRS
Jan - Sep, 2025 1,318,378 190,579 182,552 134,336 57.2 80.8 Nov 14, 2025 IFRS
YoY +7.8% +36.4% +36.6% +38.6% +38.6%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2024 821,577 95,186 91,630 62,288 26.5 8 Feb 14, 2025 IFRS
Jul - Dec, 2025 Guidance 967,572 122,825 109,955 74,546 31.8 8 Aug 8, 2025 IFRS
YoY +17.8% +29.0% +20.0% +19.7% +20.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 1,442,574 168,745 161,500 118,476 50.5 14 Feb 14, 2024 IFRS
Dec, 2024 1,638,720 187,647 181,522 127,337 54.2 15 Feb 14, 2025 IFRS
Dec, 2025 Guidance 1,820,000 244,000 226,000 162,000 69.2 16 Apr 3, 2025 IFRS
YoY +11.1% +30.0% +24.5% +27.2% +27.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 405,604 47,244 43,714 31,853 13.6 11.6 Nov 14, 2024 IFRS
Oct - Dec, 2024 415,973 47,942 47,916 30,435 13.0 11.5 Feb 14, 2025 IFRS
Jan - Mar, 2025 405,724 51,432 48,193 36,998 15.8 12.7 May 14, 2025 IFRS
Apr - Jun, 2025 446,704 69,743 67,852 50,456 21.5 15.6 Aug 8, 2025 IFRS
Jul - Sep, 2025 465,950 69,404 66,507 46,882 20.0 14.9 Nov 14, 2025 IFRS
YoY +14.9% +46.9% +52.1% +47.2% +47.2%

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