Nippon Densetsu Kogyo (1950) Q3 2026 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2025, rose 8.2% year-over-year to ¥135,291 million.

• Operating profit surged 166.0% year-over-year to ¥9,865 million, and ordinary profit increased 128.0% to ¥11,281 million.

• Profit attributable to owners of parent jumped 174.3% year-over-year to ¥7,928 million.

• Comprehensive income soared to ¥15,606 million, up 511.6% year-over-year.

Financial highlights

• Gross profit on completed construction contracts increased from ¥14,863 million to ¥21,525 million year-over-year.

• Basic earnings per share for the nine months was ¥135.74, up from ¥49.02 in the prior year.

• Total assets as of December 31, 2025, were ¥300,782 million, up from ¥296,388 million as of March 31, 2025.

• Equity-to-asset ratio improved to 68.1% from 66.0% at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecasted at ¥228,370 million, up 5.3% year-over-year.

• Operating profit projected to rise 24.2% to ¥22,270 million, and ordinary profit to ¥24,060 million, up 24.0%.

• Profit attributable to owners of parent expected to reach ¥16,790 million, a 27.3% increase year-over-year.

• Basic earnings per share forecasted at ¥287.46 for the full year.

• Dividend forecast revised upward to ¥115.00 per share for the fiscal year ending March 31, 2026.