NIPPON PALLET POOL CO.,LTD., The Current Fiscal Year Ordinary Profit Revised Downward to an Unexpected 30% Decrease

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.

Fri Oct 25, 2024 5:00 pm JST Earnings

4690 NIPPON PALLET POOL CO.,LTD. 【J-GAAP】

Earnings Report

NIPPON PALLET POOL CO.,LTD. <4690> [TSE-S] announced its financial results after the market closed on October 25th (17:00). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2025 (April to September) dropped by 41.5% from the same period last year to 273 million yen.

In addition, the full-year ordinary profit has downwardly by 46.5%, from the previous forecast of 1.15 billion yen to 615 million yen (compared to 874 million yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 29.6% decrease in profit.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the ordinary profit for the October to March period (second half) is expected to decrease by 16.0% from the same period last year to 342 million yen.

In the most recent three-month period, from July to September (2Q), the ordinary profit decreased to 174 million yen, a 22.0% decrease compared to the same period last year. The operating profit margin significantly dropped from 10.7% in the same period last year to 6.6%.

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	3,617	512	580	476	283.1	51.9	Nov 7, 2022	J-GAAP
Apr - Sep, 2023	3,776	424	467	415	247.0	53.4	Oct 25, 2023	J-GAAP
Apr - Sep, 2024	3,500	206	273	180	107.2	44.4	Oct 25, 2024	J-GAAP
YoY	-7.3%	-51.4%	-41.5%	-56.6%	-56.6%

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	ー	ー	ー	ー	－	0	May 8, 2024	J-GAAP
Apr - Sep, 2024 Results	3,500	206	273	180	107.2	0	Oct 25, 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	7,650	1,050	1,150	850	505.1	40	May 8, 2024	J-GAAP
Mar, 2025 New	7,146	525	615	406	241.3	40	Oct 25, 2024	J-GAAP
Revision Rate	-6.6%	-50.0%	-46.5%	-52.2%	-52.2%

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	3,806	354	407	112	66.6	40	May 8, 2024	J-GAAP
Oct - Mar, 2024 Guidance	3,646	319	342	226	134.3	40	Oct 25, 2024	J-GAAP
YoY	-4.2%	-9.9%	-16.0%	+101.8%	+101.6%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	7,394	984	1,117	833	495.2	40	May 8, 2023	J-GAAP
Mar, 2024	7,582	778	874	527	313.5	40	May 8, 2024	J-GAAP
Mar, 2025 Guidance	7,146	525	615	406	241.3	40	Oct 25, 2024	J-GAAP
YoY	-5.8%	-32.5%	-29.6%	-23.0%	-23.0%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	1,919	206	223	156	92.9	10.7	Oct 25, 2023	J-GAAP
Oct - Dec, 2023	2,029	230	247	166	98.7	11.3	Jan 25, 2024	J-GAAP
Jan - Mar, 2024	1,777	124	160	-54	-32.1	7.0	May 8, 2024	J-GAAP
Apr - Jun, 2024	1,748	91	99	64	38.3	5.2	Jul 25, 2024	J-GAAP
Jul - Sep, 2024	1,752	115	174	116	69.1	6.6	Oct 25, 2024	J-GAAP
YoY	-8.7%	-44.2%	-22.0%	-25.6%	-25.6%