kabutan

NICHIDEN, First Half Ordinary Profit Unexpectedly Revised Upward by 8%

Wed Nov 5, 2025 1:00 pm JST Earnings

9902 NICHIDEN Corporation 【J-GAAP】

Earnings Report

NICHIDEN Corporation <9902> [TSE Prime] announced its financial results in the afternoon session on November 5th (13:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 7.7% from the same period last year, reaching 3.25 billion yen, resulting in an increase in profits compared to the previous forecast of a 0.6% decrease.

Progress toward the full-year plan of 7.20 billion yen was 45.1%, almost the same as the five-year average of 45.4%.

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 decrease 5.5% from the same period last year to 3.95 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased 36.7% from the same period last year, reaching 1.73 billion yen. However, the operating profit margin remained almost flat, changing from 4.5% in the same period last year to 4.5%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 62,450 2,854 3,283 2,514 80.8 51.0 Nov 2, 2023 J-GAAP
Apr - Sep, 2024 64,944 2,911 3,018 2,020 67.4 41.9 Nov 5, 2024 J-GAAP
Apr - Sep, 2025 67,280 2,804 3,250 2,190 74.2 45.1 Nov 5, 2025 J-GAAP
YoY +3.6% -3.7% +7.7% +8.4% +10.1%

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 66,700 2,700 3,000 2,000 67.7 35 May 8, 2025 J-GAAP
Apr - Sep, 2025 Results 67,280 2,804 3,250 2,190 74.2 35 Nov 5, 2025 J-GAAP
Revision Rate +0.9% +3.9% +8.3% +9.5% +9.6%

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 69,827 3,913 4,182 2,872 96.5 45 May 8, 2025 J-GAAP
Oct - Mar, 2025 Guidance 72,720 3,896 3,950 2,710 91.8 35 Nov 5, 2025 J-GAAP
YoY +4.1% -0.4% -5.5% -5.6% -4.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 126,912 5,809 6,431 4,674 151.8 65 May 8, 2024 J-GAAP
Mar, 2025 134,771 6,824 7,200 4,892 164.3 75 May 8, 2025 J-GAAP
Mar, 2026 Guidance 140,000 6,700 7,200 4,900 165.9 70 May 8, 2025 J-GAAP
YoY +3.9% -1.8% 0.0% +0.2% +1.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 32,346 1,456 1,271 848 28.3 4.5 Nov 5, 2024 J-GAAP
Oct - Dec, 2024 35,064 1,915 2,230 1,504 50.4 5.5 Feb 3, 2025 J-GAAP
Jan - Mar, 2025 34,763 1,998 1,952 1,368 46.0 5.7 May 8, 2025 J-GAAP
Apr - Jun, 2025 33,265 1,286 1,512 1,025 34.7 3.9 Aug 1, 2025 J-GAAP
Jul - Sep, 2025 34,015 1,518 1,738 1,165 39.5 4.5 Nov 5, 2025 J-GAAP
YoY +5.2% +4.3% +36.7% +37.4% +39.5%

Related Articles