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NISHIKAWA RUBBER, 5% Increase in Ordinary Profit for The Current Fiscal Year, Increased Previous Year's Dividend by 5 yen, This Fiscal Year to Increase Dividend
5161 NISHIKAWA RUBBER CO., LTD. 【J-GAAP】
Earnings ReportNISHIKAWA RUBBER CO., LTD. <5161> [TSE Std] announced its financial results after the market closed on May 14th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 decreased 14.6% from the previous period to 7.61 billion yen. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to grow by 5.0% to 8 billion yen.
At the same time, the company increased the annual dividend for the previous term from 204 yen to 209 yen (compared to 44 yen in the prior term), and the annual dividend for this fiscal year is 184 yen, taking into account the forward stock split scheduled to be allocated on March 31, this dividend represents an actual increase of 76.1%.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit dropped to 1.93 billion yen, a 36.5% decrease compared to the same period last year. The operating profit margin worsened from 8.2% in the same period last year to 5.7%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 98,167 | -105 | 1,332 | 1,170 | 30.4 | 20 | May 11, 2023 | J-GAAP |
| Mar, 2024 | 117,904 | 6,555 | 8,920 | 5,038 | 130.7 | 22 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 120,639 | 7,324 | 7,617 | 3,957 | 102.5 | 104.50 | May 14, 2025 | J-GAAP |
| YoY | +2.3% | +11.7% | -14.6% | -21.5% | -21.6% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 Guidance | 119,400 | 7,900 | 9,400 | 5,200 | 134.6 | 102 | Feb 10, 2025 | J-GAAP |
| Mar, 2025 Results | 120,639 | 7,324 | 7,617 | 3,957 | 102.5 | 104.50 | May 14, 2025 | J-GAAP |
| Revision Rate | +1.0% | -7.3% | -19.0% | -23.9% | -23.9% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 61,216 | 4,102 | 3,741 | 2,090 | 54.2 | 13 | Nov 11, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 55,000 | 3,000 | 3,700 | 2,200 | 60.7 | 92 | May 14, 2025 | J-GAAP |
| YoY | -10.2% | -26.9% | -1.1% | +5.3% | +12.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 117,904 | 6,555 | 8,920 | 5,038 | 130.7 | 22 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 120,639 | 7,324 | 7,617 | 3,957 | 102.5 | 104.50 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 110,000 | 6,600 | 8,000 | 4,200 | 115.8 | 184 | May 14, 2025 | J-GAAP |
| YoY | -8.8% | -9.9% | +5.0% | +6.1% | +13.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 27,951 | 2,288 | 3,047 | 1,414 | 36.7 | 8.2 | May 10, 2024 | J-GAAP |
| Apr - Jun, 2024 | 30,164 | 2,113 | 3,035 | 1,839 | 47.7 | 7.0 | Oct 9, 2024 | J-GAAP |
| Jul - Sep, 2024 | 31,052 | 1,989 | 706 | 251 | 6.5 | 6.4 | Nov 11, 2024 | J-GAAP |
| Oct - Dec, 2024 | 25,194 | 1,273 | 1,941 | 765 | 19.8 | 5.1 | Feb 10, 2025 | J-GAAP |
| Jan - Mar, 2025 | 34,229 | 1,949 | 1,935 | 1,102 | 28.6 | 5.7 | May 14, 2025 | J-GAAP |
| YoY | +22.5% | -14.8% | -36.5% | -22.1% | -22.2% |
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