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.
minkabu the infonoid
(C) 2024 MINKABU THE INFONOID, Inc.
kabutan

Nagase Brothers Inc., The Current Fiscal Year Ordinary Profit Revised Downward by 13%

Thu Oct 24, 2024 3:00 pm JST Earnings

9733 Nagase Brothers Inc. 【J-GAAP】

Earnings Report

Nagase Brothers Inc. <9733> [TSE-S] announced its financial results after the market closed on October 24th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) dropped by 49.6% from the same period last year to 670 million yen.

In addition, the full-year consolidated ordinary profit has downwardly by 12.6%, from the previous forecast of 5.23 billion yen to 4.57 billion yen (compared to 4.32 billion yen in the previous period), leading to a reduction in the profit growth rate from 21.1% to 5.9%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to expand by 30.5% from the same period last year, reaching 3.9 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit dropped to 984 million yen, a 33.0% decrease compared to the same period last year. However, the operating profit margin rose from 11.7% in the same period last year to 13.0%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2022 24,198 2,445 2,297 2,253 85.6 45.3 Oct 20, 2022 J-GAAP
Apr - Sep, 2023 25,397 1,430 1,330 696 26.4 30.8 Oct 25, 2023 J-GAAP
Apr - Sep, 2024 24,977 1,505 670 114 4.4 14.6 Oct 24, 2024 J-GAAP
YoY -1.7% +5.2% -49.6% -83.6% -83.5%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 Guidance 0 Apr 30, 2024 J-GAAP
Apr - Sep, 2024 Results 24,977 1,505 670 114 4.4 0 Oct 24, 2024 J-GAAP
Revision Rate

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 54,629 5,526 5,236 3,236 122.9 100 Apr 30, 2024 J-GAAP
Mar, 2025 New 56,429 5,526 4,577 2,577 97.9 100 Oct 24, 2024 J-GAAP
Revision Rate +3.3% 0.0% -12.6% -20.4% -20.4%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 27,589 3,108 2,993 1,906 72.4 100 Apr 30, 2024 J-GAAP
Oct - Mar, 2024 Guidance 31,452 4,021 3,907 2,463 93.6 100 Oct 24, 2024 J-GAAP
YoY +14.0% +29.4% +30.5% +29.2% +29.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 52,354 5,369 5,071 4,000 152.0 100 Apr 27, 2023 J-GAAP
Mar, 2024 52,986 4,538 4,323 2,602 98.8 100 Apr 30, 2024 J-GAAP
Mar, 2025 Guidance 56,429 5,526 4,577 2,577 97.9 100 Oct 24, 2024 J-GAAP
YoY +6.5% +21.8% +5.9% -1.0% -1.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 13,706 1,599 1,468 846 32.1 11.7 Oct 25, 2023 J-GAAP
Oct - Dec, 2023 14,184 2,317 2,283 1,463 55.6 16.3 Jan 29, 2024 J-GAAP
Jan - Mar, 2024 13,405 791 710 443 16.8 5.9 Apr 30, 2024 J-GAAP
Apr - Jun, 2024 11,145 -291 -314 -253 -9.6 -2.6 Jul 24, 2024 J-GAAP
Jul - Sep, 2024 13,832 1,796 984 367 14.0 13.0 Oct 24, 2024 J-GAAP
YoY +0.9% +12.3% -33.0% -56.6% -56.4%

Related Articles