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Nippon Yakin, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 42%, Oct-Dec Ordinary Profit Decreases by 52%
5480 Nippon Yakin kogyo Co.,Ltd. 【J-GAAP】
Earnings ReportNippon Yakin kogyo Co.,Ltd. <5480> [TSE Prime] announced its financial results after the market closed on February 5th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) dropped 42.0% from the same period last year to 7.52 billion yen. Progress toward the full-year plan of 10.0 billion yen was 75.2%, below the five-year average of 79.9%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to decrease 23.1% from the same period last year to 2.48 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit significantly dropped to 2.26 billion yen, a 51.6% decrease compared to the same period last year. The operating profit margin significantly dropped from 11.0% in the same period last year to 6.8%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 137,787 | 15,905 | 15,327 | 10,812 | 743.2 | 80.1 | Feb 5, 2024 | J-GAAP |
| Apr - Dec, 2024 | 131,366 | 13,204 | 12,973 | 9,095 | 643.0 | 80.1 | Feb 5, 2025 | J-GAAP |
| Apr - Dec, 2025 | 111,862 | 8,348 | 7,520 | 5,483 | 394.8 | 75.2 | Feb 5, 2026 | J-GAAP |
| YoY | -14.8% | -36.8% | -42.0% | -39.7% | -38.6% |
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 | 83,263 | 8,424 | 7,902 | 5,772 | 408.5 | 120 | May 8, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 72,259 | 5,100 | 4,744 | 3,375 | 243.6 | 110 | Oct 31, 2025 | J-GAAP |
| YoY | -13.2% | -39.5% | -40.0% | -41.5% | -40.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 180,341 | 20,010 | 19,128 | 13,565 | 933.6 | 200 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 172,097 | 16,967 | 16,200 | 11,579 | 819.5 | 220 | May 8, 2025 | J-GAAP |
| Mar, 2026 Guidance | 148,000 | 11,000 | 10,000 | 7,000 | 505.3 | 220 | Oct 31, 2025 | J-GAAP |
| YoY | -14.0% | -35.2% | -38.3% | -39.5% | -38.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 42,532 | 4,661 | 4,675 | 3,288 | 232.5 | 11.0 | Feb 5, 2025 | J-GAAP |
| Jan - Mar, 2025 | 40,731 | 3,763 | 3,227 | 2,484 | 175.8 | 9.2 | May 8, 2025 | J-GAAP |
| Apr - Jun, 2025 | 39,199 | 3,254 | 2,951 | 1,988 | 142.4 | 8.3 | Aug 5, 2025 | J-GAAP |
| Jul - Sep, 2025 | 36,542 | 2,646 | 2,305 | 1,637 | 117.7 | 7.2 | Oct 31, 2025 | J-GAAP |
| Oct - Dec, 2025 | 36,121 | 2,448 | 2,264 | 1,858 | 133.8 | 6.8 | Feb 5, 2026 | J-GAAP |
| YoY | -15.1% | -47.5% | -51.6% | -43.5% | -42.4% |
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