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Nippon Tungsten, 1% Increase in Ordinary Profit for The Current Fiscal Year
6998 Nippon Tungsten Co.,Ltd. 【J-GAAP】
Earnings ReportNippon Tungsten Co.,Ltd. <6998> [TSE Std] announced its financial results in the afternoon session on May 14th (14:30). The consolidated ordinary profit for the fiscal year ending March 2025 increased 21.1% from the previous period to 952 million yen. For the fiscal year ending March 2026, the consolidated ordinary profit is nearly flat with a slight increase of 0.8% to 960 million yen.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit decreased to 174 million yen, a 3.9% decrease compared to the same period last year. However, the operating profit margin improved from 3.0% in the same period last year to 4.4%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 12,645 | 927 | 1,227 | 767 | 158.8 | 60 | May 19, 2023 | J-GAAP |
| Mar, 2024 | 11,464 | 476 | 786 | 527 | 108.9 | 50 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 12,392 | 689 | 952 | 676 | 139.6 | 50 | May 14, 2025 | J-GAAP |
| YoY | +8.1% | +44.7% | +21.1% | +28.3% | +28.2% |
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 | 12,300 | 650 | 880 | 600 | 123.7 | 50 | Feb 6, 2025 | J-GAAP |
| Mar, 2025 Results | 12,392 | 689 | 952 | 676 | 139.6 | 50 | May 14, 2025 | J-GAAP |
| Revision Rate | +0.7% | +6.0% | +8.2% | +12.7% | +12.8% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 6,309 | 397 | 523 | 354 | 73.2 | 25 | Nov 13, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 6,200 | 340 | 460 | 320 | 65.9 | 25 | May 14, 2025 | J-GAAP |
| YoY | -1.7% | -14.4% | -12.0% | -9.6% | -10.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 11,464 | 476 | 786 | 527 | 108.9 | 50 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 12,392 | 689 | 952 | 676 | 139.6 | 50 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 12,800 | 700 | 960 | 700 | 144.1 | 50 | May 14, 2025 | J-GAAP |
| YoY | +3.3% | +1.6% | +0.8% | +3.6% | +3.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 3,090 | 93 | 181 | 42 | 8.7 | 3.0 | May 9, 2024 | J-GAAP |
| Apr - Jun, 2024 | 3,181 | 180 | 284 | 187 | 38.6 | 5.7 | Aug 8, 2024 | J-GAAP |
| Jul - Sep, 2024 | 3,128 | 217 | 239 | 167 | 34.5 | 6.9 | Nov 13, 2024 | J-GAAP |
| Oct - Dec, 2024 | 3,022 | 157 | 255 | 189 | 39.1 | 5.2 | Feb 6, 2025 | J-GAAP |
| Jan - Mar, 2025 | 3,061 | 135 | 174 | 133 | 27.5 | 4.4 | May 14, 2025 | J-GAAP |
| YoY | -0.9% | +45.2% | -3.9% | +216.7% | +216.4% |
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