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NISHIKAWA KEISOKU, The Current Fiscal Year Ordinary Profit Revised Upward to an Unexpected 6% Increase, Raises Record High Profit, Dividend Revised Upward by 80 yen

Fri May 9, 2025 3:30 pm JST Earnings

7500 NISHIKAWA KEISOKU Co.,Ltd. 【J-GAAP】

Earnings Report

NISHIKAWA KEISOKU Co.,Ltd. <7500> [TSE Std] announced its financial results after the market closed on May 9th (15:30). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending June 2025 (July 2024 to March 2025) increased 7.7% from the same period last year, reaching 3.76 billion yen.

In addition, the full-year ordinary profit has been revised upward 40.7%, from the previous forecast of 2.7 billion yen to 3.8 billion yen (compared to 3.58 billion yen in the previous period), record profits reach two consecutive terms, turning to a 5.9% increase in the ordinary profit outlook.

Based on the full-year plan announced by the company after the upward revision, our estimate of the ordinary profit for the January to June period (2H) has been revised upward 2.6 times, from the previous forecast of 0.66 billion yen to 1.76 billion yen (compared to 1.77 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 62.3% to 0.2%.

In light of the strong performance, the company has significantly increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 230 yen to 310 yen (compared to 300 yen in the previous period).

In the most recent three-month period, from January to March (3Q), the ordinary profit grew 3.3% from the same period last year, reaching 1.73 billion yen. The operating profit margin rose from 12.1% in the same period last year to 12.6%.

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Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jul - Mar, 2022 25,476 2,216 2,266 1,550 459.8 96.1 May 11, 2023 J-GAAP
Jul - Mar, 2023 29,739 3,443 3,496 2,338 691.8 97.4 May 10, 2024 J-GAAP
Jul - Mar, 2024 31,486 3,696 3,766 2,520 744.7 99.1 May 9, 2025 J-GAAP
YoY +5.9% +7.3% +7.7% +7.8% +7.6%

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2025 Prev 17,277 635 667 440 129.9 230 Feb 10, 2025 J-GAAP
Jan - Jun, 2025 New 20,277 1,735 1,767 1,240 366.0 310 May 9, 2025 J-GAAP
Revision Rate +17.4% +173.2% +164.9% +181.8% +181.8%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun, 2025 Prev 35,000 2,600 2,700 1,800 531.3 230 Aug 9, 2024 J-GAAP
Jun, 2025 New 38,000 3,700 3,800 2,600 767.4 310 May 9, 2025 J-GAAP
Revision Rate +8.6% +42.3% +40.7% +44.4% +44.4%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2024 20,514 1,690 1,770 1,314 388.8 300 Aug 9, 2024 J-GAAP
Jan - Jun, 2025 Guidance 20,277 1,735 1,767 1,240 366.0 310 May 9, 2025 J-GAAP
YoY -1.2% +2.7% -0.2% -5.6% -5.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun, 2023 31,923 2,241 2,357 1,549 459.1 160 Aug 10, 2023 J-GAAP
Jun, 2024 36,417 3,465 3,588 2,528 748.0 300 Aug 9, 2024 J-GAAP
Jun, 2025 Guidance 38,000 3,700 3,800 2,600 767.4 310 May 9, 2025 J-GAAP
YoY +4.3% +6.8% +5.9% +2.8% +2.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2024 13,836 1,668 1,678 1,124 332.6 12.1 May 10, 2024 J-GAAP
Apr - Jun, 2024 6,678 22 92 190 56.2 0.3 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 7,649 605 622 414 122.6 7.9 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 10,074 1,360 1,411 946 279.7 13.5 Feb 10, 2025 J-GAAP
Jan - Mar, 2025 13,763 1,731 1,733 1,160 342.8 12.6 May 9, 2025 J-GAAP
YoY -0.5% +3.8% +3.3% +3.2% +3.1%

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