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NANSO Transport, First Half Ordinary Profit Decreases by 1%, Jul-Sep Ordinary Profit Increases by 1%
9034 NANSO Transport Co., Ltd. 【J-GAAP】
Earnings ReportNANSO Transport Co., Ltd. <9034> [TSE Std] announced its financial results in the afternoon session on November 7th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) was 1.19 billion yen, a 0.8% decrease compared to the same period last year. Progress toward the full-year plan of 2.12 billion yen was 56.2%, almost the same as the five-year average of 55.9%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to grow 12.7% from the same period last year, reaching 0.93 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit amounted to 0.63 billion yen, an increase of 1.1% compared to the same period last year. However, the operating profit margin decreased from 14.6% in the same period last year to 14.4%.
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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 - Sep, 2023 | 7,958 | 1,098 | 1,092 | 746 | 75.0 | 56.1 | Nov 7, 2023 | J-GAAP |
| Apr - Sep, 2024 | 8,292 | 1,188 | 1,201 | 885 | 88.9 | 59.3 | Nov 7, 2024 | J-GAAP |
| Apr - Sep, 2025 | 8,503 | 1,171 | 1,191 | 784 | 83.2 | 56.2 | Nov 7, 2025 | J-GAAP |
| YoY | +2.5% | -1.4% | -0.8% | -11.4% | -6.5% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 Guidance | 8,659 | 1,050 | 1,011 | 691 | 73.1 | 30 | May 15, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 8,503 | 1,171 | 1,191 | 784 | 83.2 | 30 | Nov 7, 2025 | J-GAAP |
| Revision Rate | -1.8% | +11.5% | +17.8% | +13.5% | +13.7% |
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 | 7,814 | 830 | 825 | 485 | 49.0 | 25 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 8,546 | 981 | 930 | 666 | 70.5 | 30 | Nov 7, 2025 | J-GAAP |
| YoY | +9.4% | +18.2% | +12.7% | +37.3% | +44.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 15,480 | 1,958 | 1,947 | 1,583 | 159.0 | 42 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 16,106 | 2,018 | 2,026 | 1,370 | 138.3 | 50 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 17,049 | 2,152 | 2,121 | 1,450 | 153.4 | 60 | May 15, 2025 | J-GAAP |
| YoY | +5.9% | +6.6% | +4.7% | +5.8% | +10.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 4,251 | 621 | 625 | 485 | 48.7 | 14.6 | Nov 7, 2024 | J-GAAP |
| Oct - Dec, 2024 | 3,956 | 456 | 450 | 293 | 29.4 | 11.5 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 3,858 | 374 | 375 | 192 | 19.4 | 9.7 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 4,109 | 540 | 559 | 373 | 39.6 | 13.1 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 4,394 | 631 | 632 | 411 | 43.6 | 14.4 | Nov 7, 2025 | J-GAAP |
| YoY | +3.4% | +1.6% | +1.1% | -15.3% | -10.5% |
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