Nakabohtec Corrosion Protecting Co.,Ltd., First Half Ordinary Profit Turns to Profit, July-September Ordinary Profit Increases by 3.9 times

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 Nov 5, 2024 3:00 pm JST Earnings

1787 Nakabohtec Corrosion Protecting Co.,Ltd. 【J-GAAP】

Earnings Report

Nakabohtec Corrosion Protecting Co.,Ltd. <1787> [TSE-S] announced its financial results in the afternoon session on November 5th (15:00). The ordinary profit/loss (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2025 (April to September) turned into a profit of 56 million yen (compared to a loss of 55 million yen in the same period last year). The progress rate against the 1.01 billion yen full-year plan was 5.5%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to March period (second half) is expected to decrease by 23.7% from the same period last year to 960 million yen.

In the most recent three-month period, from July to September (2Q), the ordinary profit surged to 3.9 times that of the same period last year, reaching 386 million yen. The operating profit margin drastically improved from 3.0% in the same period last year to 10.5%.

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	5,034	-214	-198	-151	-61.4	ー	Nov 7, 2022	J-GAAP
Apr - Sep, 2023	4,933	-71	-55	-48	-19.6	ー	Nov 6, 2023	J-GAAP
Apr - Sep, 2024	5,207	30	56	30	12.4	5.5	Nov 5, 2024	J-GAAP
YoY	+5.6%	－	－	－	－

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	5,207	30	56	30	12.4	0	Nov 5, 2024	J-GAAP
Revision Rate	－	－	－	－	－

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	8,847	1,247	1,259	882	358.6	240	May 8, 2024	J-GAAP
Oct - Mar, 2024 Guidance	8,413	956	960	681	276.7	200	Nov 5, 2024	J-GAAP
YoY	-4.9%	-23.3%	-23.7%	-22.8%	-22.8%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	14,158	1,246	1,273	899	365.0	255	May 11, 2023	J-GAAP
Mar, 2024	13,780	1,176	1,204	834	339.1	240	May 8, 2024	J-GAAP
Mar, 2025 Guidance	13,620	986	1,016	711	288.9	200	May 8, 2024	J-GAAP
YoY	-1.2%	-16.2%	-15.6%	-14.7%	-14.8%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	2,977	90	99	64	26.1	3.0	Nov 6, 2023	J-GAAP
Oct - Dec, 2023	3,368	529	536	370	150.5	15.7	Feb 13, 2024	J-GAAP
Jan - Mar, 2024	5,479	718	723	512	208.2	13.1	May 8, 2024	J-GAAP
Apr - Jun, 2024	1,669	-342	-330	-236	-96.3	-20.5	Aug 5, 2024	J-GAAP
Jul - Sep, 2024	3,538	372	386	266	109.8	10.5	Nov 5, 2024	J-GAAP
YoY	+18.8%	+313.3%	+289.9%	+315.6%	+320.4%