NEXTAGE Co., Ltd. (TSE: 3186), a nationwide operator of large-scale multi-brand used-vehicle superstores, reported results for the first half (interim period) of the fiscal year ending November 2026 — the six months to May 31, 2026. Net sales rose 26.6% to ¥391,212m, operating profit rose 99.3% to ¥14,088m, ordinary profit rose 98.3% to ¥13,198m and net profit attributable to owners rose 108.3% to ¥8,882m. Interim EPS was ¥113.43, up from ¥53.09.
Sharp rebound
Strong used-vehicle demand and store expansion drove the surge. NEXTAGE added four companies — ett, Shin, Fiorente and ism — to its consolidation during the period.
Balance sheet and dividend
Total assets were ¥256,338m and net assets ¥84,792m, for an equity ratio of 33.1%. NEXTAGE guides a full-year dividend of ¥50.00 per share, up from ¥45.00.
Outlook
For the full year to November 2026, NEXTAGE — which revised its forecast — guides net sales of ¥746,000m (+14.4%), operating profit of ¥27,600m (+40.8%), ordinary profit of ¥25,500m (+37.9%) and net profit of ¥17,100m (+33.5%), for EPS of ¥218.35.
| Metric | H1 FY11/26 | H1 FY11/25 | YoY |
|---|---|---|---|
| Net sales (¥m) | 391,212 | 308,936 | +26.6% |
| Operating profit (¥m) | 14,088 | 7,069 | +99.3% |
| Ordinary profit (¥m) | 13,198 | 6,656 | +98.3% |
| Net profit attrib. (¥m) | 8,882 | 4,265 | +108.3% |
| EPS (¥) | 113.43 | 53.09 | +113.7% |
| Dividend (¥, FY) | 50.00 | 45.00 | +11.1% |
JapanStockPulse provides informational content only and does not constitute investment advice. Figures are taken from the company's published earnings short report and may be subject to subsequent revision.