NIPPON FILCON CO.,LTD., The Current Fiscal Year Ordinary Profit Revised Upward by 18%

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Tue Oct 1, 2024 3:00 pm JST Earnings

5942 NIPPON FILCON CO.,LTD. 【J-GAAP】

Earnings Report

NIPPON FILCON CO.,LTD. <5942> [TSE-S] announced its financial results after the market closed on October 1st (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending November 2024 (December 2023 to August 2024) increased by 10.8% from the same period last year, reaching 933 million yen.

In addition, the full-year consolidated ordinary profit has been revised upward by 17.6%, from the previous forecast of 850 million yen to 1 billion yen (compared to 1.01 billion yen in the previous period), and the declining rate is expected to decrease from 16.6% to 1.9%.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the June to November period (second half) has been revised upward by 47.5%, from the previous forecast of 316 million yen to 466 million yen (compared to 472 million yen in the same period of the previous year), and the declining rate is expected to decrease from 33.1% to 1.3%.

In the most recent three-month period, from June to August (3Q), the consolidated ordinary profit increased by 35.3% from the same period last year, reaching 399 million yen. The operating profit margin improved from 2.9% in the same period last year to 5.3%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Dec - Aug, 2021	19,103	764	1,309	1,080	51.4	77.7	Oct 3, 2022	J-GAAP
Dec - Aug, 2022	20,755	532	842	1,271	62.3	82.6	Oct 2, 2023	J-GAAP
Dec - Aug, 2023	21,729	753	933	731	37.2	93.3	Oct 1, 2024	J-GAAP
YoY	+4.7%	+41.5%	+10.8%	-42.5%	-40.3%

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jun - Nov, 2024 Prev	13,403	254	316	-95	-4.8	14	Jul 1, 2024	J-GAAP
Jun - Nov, 2024 New	14,703	454	466	-95	-4.8	14	Oct 1, 2024	J-GAAP
Revision Rate	+9.7%	+78.7%	+47.5%	0.0%	0.0%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Nov, 2024 Prev	27,500	600	850	450	22.9	27	Jan 12, 2024	J-GAAP
Nov, 2024 New	28,800	800	1,000	450	22.9	27	Oct 1, 2024	J-GAAP
Revision Rate	+4.7%	+33.3%	+17.6%	0.0%	0.0%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jun - Nov, 2023	14,597	310	472	260	12.8	19	Jan 12, 2024	J-GAAP
Jun - Nov, 2024 Guidance	14,703	454	466	-95	-4.8	14	Oct 1, 2024	J-GAAP
YoY	+0.7%	+46.5%	-1.3%	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Nov, 2022	25,950	1,060	1,685	1,077	51.3	16	Jan 13, 2023	J-GAAP
Nov, 2023	27,986	631	1,019	1,270	62.6	27	Jan 12, 2024	J-GAAP
Nov, 2024 Guidance	28,800	800	1,000	450	22.9	27	Oct 1, 2024	J-GAAP
YoY	+2.9%	+26.8%	-1.9%	-64.6%	-63.4%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jun - Aug, 2023	7,366	211	295	261	12.8	2.9	Oct 2, 2023	J-GAAP
Sep - Nov, 2023	7,231	99	177	-1	-0.1	1.4	Jan 12, 2024	J-GAAP
Dec - Feb, 2023	6,924	121	229	95	4.9	1.7	Apr 1, 2024	J-GAAP
Mar - May, 2024	7,173	225	305	450	22.9	3.1	Jul 1, 2024	J-GAAP
Jun - Aug, 2024	7,632	407	399	186	9.5	5.3	Oct 1, 2024	J-GAAP
YoY	+3.6%	+92.9%	+35.3%	-28.7%	-26.0%