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Nippon Ski Resort Development, 1% Increase in Ordinary Profit, Update Record High for Fourth Consecutive Term, Dividend Raised by 1.5 Yen
6040 Nippon Ski Resort Development Co.,Ltd. 【J-GAAP】
Earnings ReportNippon Ski Resort Development Co. Ltd. <6040> [TSE Growth] announced its financial results after the market closed on September 12th (15:30). The consolidated ordinary profit for the fiscal year ended July 2025 expanded to 43.9% from the previous period to 2.23 billion yen. For the fiscal year ending July 2026, the consolidated ordinary profit is expected to grow by 1.1% to 2.26 billion yen, marking the fourth consecutive term of record-high profits. This will be the fifth consecutive term of revenue and the fourth consecutive term of profit growth.
At the same time, the company has decided to increase the dividend this fiscal year to 5 yen, an increase of 1.5 yen from the previous fiscal year.
In the most recent three-month period, from May to July (4Q), the consolidated ordinary loss expanded to a loss of 0.60 billion yen (compared to a loss of 0.42 billion yen in the same period last year). However, the operating profit/loss margin improved from -46.7% in the same period last year to -46.1%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul, 2023 | 6,898 | 1,036 | 1,077 | 952 | 20.9 | 2.33 | Sep 8, 2023 | J-GAAP |
| Jul, 2024 | 8,245 | 1,552 | 1,554 | 1,093 | 24.0 | 3.33 | Sep 6, 2024 | J-GAAP |
| Jul, 2025 | 10,461 | 2,246 | 2,236 | 1,586 | 34.7 | 3.50 | Sep 12, 2025 | J-GAAP |
| YoY | +26.9% | +44.7% | +43.9% | +45.1% | +44.4% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul, 2025 Guidance | 10,170 | 2,100 | 2,075 | 1,460 | 31.9 | 3.50 | Jun 6, 2025 | J-GAAP |
| Jul, 2025 Results | 10,461 | 2,246 | 2,236 | 1,586 | 34.7 | 3.50 | Sep 12, 2025 | J-GAAP |
| Revision Rate | +2.9% | +7.0% | +7.8% | +8.6% | +8.8% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Aug - Jan, 2024 | 4,955 | 1,083 | 1,077 | 773 | 16.9 | 0 | Mar 7, 2025 | J-GAAP |
| Aug - Jan, 2025 Guidance | 5,580 | 950 | 920 | 630 | 13.7 | 1.50 | Sep 12, 2025 | J-GAAP |
| YoY | +12.6% | -12.3% | -14.6% | -18.5% | -19.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul, 2024 | 8,245 | 1,552 | 1,554 | 1,093 | 24.0 | 3.33 | Sep 6, 2024 | J-GAAP |
| Jul, 2025 | 10,461 | 2,246 | 2,236 | 1,586 | 34.7 | 3.50 | Sep 12, 2025 | J-GAAP |
| Jul, 2026 Guidance | 11,480 | 2,300 | 2,260 | 2,470 | 53.8 | 5 | Sep 12, 2025 | J-GAAP |
| YoY | +9.7% | +2.4% | +1.1% | +55.7% | +55.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| May - Jul, 2024 | 931 | -435 | -428 | -289 | -6.4 | -46.7 | Sep 6, 2024 | J-GAAP |
| Aug - Oct, 2024 | 1,454 | -64 | -69 | -37 | -0.8 | -4.4 | Dec 6, 2024 | J-GAAP |
| Nov - Jan, 2024 | 3,501 | 1,147 | 1,146 | 810 | 17.8 | 32.8 | Mar 7, 2025 | J-GAAP |
| Feb - Apr, 2025 | 4,204 | 1,763 | 1,762 | 1,138 | 24.9 | 41.9 | Jun 6, 2025 | J-GAAP |
| May - Jul, 2025 | 1,302 | -600 | -603 | -325 | -7.1 | -46.1 | Sep 12, 2025 | J-GAAP |
| YoY | +39.8% | -37.9% | -40.9% | -12.5% | -12.0% |
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