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NIKKON Holdings, First Half Ordinary Profit Increases by 1%
9072 NIKKON Holdings Co.,Ltd. 【J-GAAP】
Earnings ReportNIKKON Holdings Co.,Ltd. <9072> [TSE Prime] announced its financial results in the afternoon session on November 7th (14:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) was 11.0 billion yen, a 1.0% increase compared to the same period last year. However, Progress toward the full-year plan of 29.4 billion yen was 37.6%, also falling below the five-year average of 45.2%.
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 expand 40.9% from the same period last year, reaching 18.3 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew 24.9% from the same period last year, reaching 5.50 billion yen. However, the operating profit margin decreased from 10.4% in the same period last year to 8.7%.
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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 | 108,327 | 10,319 | 11,770 | 7,981 | 62.2 | 49.3 | Nov 10, 2023 | J-GAAP |
| Apr - Sep, 2024 | 120,361 | 11,537 | 10,941 | 6,744 | 53.7 | 45.6 | Nov 8, 2024 | J-GAAP |
| Apr - Sep, 2025 | 131,912 | 10,772 | 11,048 | 7,201 | 59.6 | 37.6 | Nov 7, 2025 | J-GAAP |
| YoY | +9.6% | -6.6% | +1.0% | +6.8% | +11.0% |
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 | 137,000 | 13,700 | 14,400 | 9,800 | 81.1 | 37 | May 9, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 131,912 | 10,772 | 11,048 | 7,201 | 59.6 | 37 | Nov 7, 2025 | J-GAAP |
| Revision Rate | -3.7% | -21.4% | -23.3% | -26.5% | -26.5% |
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 | 127,529 | 11,618 | 13,028 | 9,806 | 79.4 | 27 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 148,088 | 17,228 | 18,352 | 12,799 | 107.3 | 37 | Nov 7, 2025 | J-GAAP |
| YoY | +16.1% | +48.3% | +40.9% | +30.5% | +35.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 222,324 | 21,235 | 23,875 | 16,608 | 130.5 | 52.50 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 247,890 | 23,155 | 23,969 | 16,550 | 134.0 | 54 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 280,000 | 28,000 | 29,400 | 20,000 | 167.6 | 74 | May 9, 2025 | J-GAAP |
| YoY | +13.0% | +20.9% | +22.7% | +20.8% | +25.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 62,393 | 6,479 | 4,405 | 2,294 | 18.3 | 10.4 | Nov 8, 2024 | J-GAAP |
| Oct - Dec, 2024 | 64,601 | 6,508 | 8,031 | 5,654 | 45.5 | 10.1 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 62,928 | 5,110 | 4,997 | 4,152 | 33.6 | 8.1 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 65,826 | 5,015 | 5,545 | 2,699 | 22.3 | 7.6 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 66,086 | 5,757 | 5,503 | 4,502 | 37.3 | 8.7 | Nov 7, 2025 | J-GAAP |
| YoY | +5.9% | -11.1% | +24.9% | +96.3% | +103.9% |
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