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NIPPON GEAR, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 6%
6356 NIPPON GEAR CO.,LTD. 【J-GAAP】
Earnings ReportNIPPON GEAR CO.,LTD. <6356> [TSE Std] announced its financial results in the afternoon session on January 29th (13:00). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 5.8% from the same period last year to 1.48 billion yen. Progress toward the full-year plan of 2.09 billion yen was 70.9%, also falling below the five-year average of 78.0%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the January to March period (4Q) is expected to grow 5.2% from the same period last year, reaching 0.60 billion yen.
In the most recent three-month period, from October to December (3Q), the ordinary profit amounted to 0.66 billion yen, an increase of 1.5% compared to the same period last year. The operating profit margin rose from 25.4% in the same period last year to 26.0%.
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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 | 7,000 | 1,631 | 1,664 | 1,122 | 78.9 | 77.4 | Jan 30, 2024 | J-GAAP |
| Apr - Dec, 2024 | 6,778 | 1,534 | 1,574 | 1,066 | 74.9 | 73.1 | Jan 31, 2025 | J-GAAP |
| Apr - Dec, 2025 | 6,704 | 1,440 | 1,482 | 1,010 | 71.0 | 70.9 | Jan 29, 2026 | J-GAAP |
| YoY | -1.1% | -6.1% | -5.8% | -5.3% | -5.3% |
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 | 5,314 | 1,215 | 1,233 | 925 | 65.0 | 4 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 5,088 | 1,269 | 1,273 | 925 | 65.0 | 4 | Oct 31, 2025 | J-GAAP |
| YoY | -4.3% | +4.4% | +3.2% | 0.0% | 0.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 9,622 | 2,128 | 2,151 | 1,539 | 108.1 | 8 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 9,555 | 2,105 | 2,152 | 1,550 | 108.9 | 8 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 9,300 | 2,060 | 2,090 | 1,480 | 104.0 | 8 | May 13, 2025 | J-GAAP |
| YoY | -2.7% | -2.1% | -2.9% | -4.5% | -4.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 2,537 | 644 | 655 | 441 | 31.0 | 25.4 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 2,777 | 571 | 578 | 484 | 34.0 | 20.6 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 2,069 | 378 | 397 | 269 | 18.9 | 18.3 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 2,143 | 413 | 420 | 286 | 20.1 | 19.3 | Oct 31, 2025 | J-GAAP |
| Oct - Dec, 2025 | 2,492 | 649 | 665 | 455 | 32.0 | 26.0 | Jan 29, 2026 | J-GAAP |
| YoY | -1.8% | +0.8% | +1.5% | +3.2% | +3.2% |
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