NIHON KOHDEN CORPORATION, First Half Ordinary Profit Revised Downward by 37%

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Thu Oct 17, 2024 3:00 pm JST Revision

6849 NIHON KOHDEN CORPORATION 【J-GAAP】

Guidance Update Report

NIHON KOHDEN CORPORATION <6849> [TSE-P] announced a performance revision after the market closed on October 17th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has downwardly by 36.7%, from the previous forecast of 3 billion yen to 1.9 billion yen (compared to 12.5 billion yen in the same period of the previous year), leading to an increase in the profit decline rate from 76.1% to 84.9%.

Furthermore, the full-year ordinary profit forecast remains unchanged from the estimate of 23 billion yen(compared to 25.5 billion yen in the previous period).

Kabutan News

Guidance Update

First Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024 Prev	102,000	3,000	3,000	1,500	9.0	15	Aug 2, 2024	J-GAAP
Apr - Sep, 2024 New	102,700	5,000	1,900	500	3.0	15	Oct 17, 2024	J-GAAP
Revision Rate	+0.7%	+66.7%	-36.7%	-66.7%	-66.6%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	103,536	7,491	12,546	7,997	47.5	15	Nov 8, 2023	J-GAAP
Apr - Sep, 2024 Guidance	102,700	5,000	1,900	500	3.0	15	Oct 17, 2024	J-GAAP
YoY	-0.8%	-33.3%	-84.9%	-93.7%	-93.7%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	206,603	21,120	24,122	17,110	101.6	30.50	May 15, 2023	J-GAAP
Mar, 2024	221,986	19,591	25,589	17,026	101.2	30.50	May 13, 2024	J-GAAP
Mar, 2025 Guidance	229,000	23,000	23,000	16,000	96.8	31	May 13, 2024	J-GAAP
YoY	+3.2%	+17.4%	-10.1%	-6.0%	-4.4%