NANYO CORPORATION, First Half Ordinary Profit Revised Upward to an Unexpected 9% Increase, Highest in Two Terms, Full Year also Increased, Dividend Revised Upward by 9 yen

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Mon Oct 21, 2024 3:30 pm JST Revision

7417 NANYO CORPORATION 【J-GAAP】

Guidance Update Report

NANYO CORPORATION <7417> [TSE-S] announced a revision to its performance and dividend after the market closed on October 21st (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has been revised upward by 35.5%, from the previous forecast of 1.1 billion yen to 1.49 billion yen (compared to 1.36 billion yen in the same period of the previous year), reaches new record high for the first time in two terms, turning to a 9.2% increase in the consolidated ordinary profit outlook.

Following the strong performance in the first half, the full-year consolidated ordinary profit has been revised upward by 3.8%, from the previous forecast of 2.6 billion yen to 2.7 billion yen (compared to 3.03 billion yen in the previous period), and the declining rate is expected to decrease from 14.4% to 11.1%.

At the same time, the company has increased its planned annual dividend for the current fiscal year from the original plan of 40 yen to 49 yen (compared to 101 yen before the 1-to-2 stock split 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	17,000	1,050	1,100	700	56.0	10	May 10, 2024	J-GAAP
Apr - Sep, 2024 New	17,600	1,340	1,490	980	78.4	10	Oct 21, 2024	J-GAAP
Revision Rate	+3.5%	+27.6%	+35.5%	+40.0%	+40.0%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	36,500	2,450	2,600	1,650	132.0	40	May 10, 2024	J-GAAP
Mar, 2025 New	36,500	2,500	2,700	1,750	140.0	49	Oct 21, 2024	J-GAAP
Revision Rate	0.0%	+2.0%	+3.8%	+6.1%	+6.1%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	18,088	1,200	1,364	871	68.3	7.50	Nov 9, 2023	J-GAAP
Apr - Sep, 2024 Guidance	17,600	1,340	1,490	980	78.4	10	Oct 21, 2024	J-GAAP
YoY	-2.7%	+11.7%	+9.2%	+12.5%	+14.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	39,339	2,967	3,225	2,146	168.3	50.50	May 11, 2023	J-GAAP
Mar, 2024	37,991	2,785	3,036	1,991	156.6	50.50	May 10, 2024	J-GAAP
Mar, 2025 Guidance	36,500	2,500	2,700	1,750	140.0	49	Oct 21, 2024	J-GAAP
YoY	-3.9%	-10.2%	-11.1%	-12.1%	-10.6%