NANKAI PLYWOOD CO.,LTD, First Half Ordinary Profit Turns to Loss, July-September Ordinary Profit Turns to Loss

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.

Mon Nov 11, 2024 4:00 pm JST Earnings

7887 NANKAI PLYWOOD CO.,LTD 【J-GAAP】

Earnings Report

NANKAI PLYWOOD CO.,LTD <7887> [TSE-S] announced its financial results after the market closed on November 11th (16:00). The consolidated ordinary profit/loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) turned into a loss of 217 million yen (compared to a profit of 1 billion yen in the same period last year).

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to expand by 81.2% from the same period last year, reaching 1.51 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit/loss turned to a loss of 456 million yen (compared to a profit of 185 million yen in the same period last year). However, the operating profit margin improved from 1.6% in the same period last year to 2.7%.

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	11,474	659	788	232	240.4	89.5	Nov 9, 2022	J-GAAP
Apr - Sep, 2023	11,758	403	1,007	491	508.0	54.6	Nov 8, 2023	J-GAAP
Apr - Sep, 2024	11,722	203	-217	-404	-417.5	ー	Nov 11, 2024	J-GAAP
YoY	-0.3%	-49.6%	－	－	－

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 15, 2024	J-GAAP
Apr - Sep, 2024 Results	11,722	203	-217	-404	-417.5	0	Nov 11, 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	12,016	445	837	457	472.5	150	May 15, 2024	J-GAAP
Oct - Mar, 2024 Guidance	13,278	497	1,517	804	830.7	150	Nov 11, 2024	J-GAAP
YoY	+10.5%	+11.7%	+81.2%	+75.9%	+75.8%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	23,061	906	880	1,590	1,645.6	150	May 15, 2023	J-GAAP
Mar, 2024	23,774	848	1,844	948	980.1	150	May 15, 2024	J-GAAP
Mar, 2025 Guidance	25,000	700	1,300	400	413.3	150	May 15, 2024	J-GAAP
YoY	+5.2%	-17.5%	-29.5%	-57.8%	-57.8%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	5,996	98	185	-24	-24.8	1.6	Nov 8, 2023	J-GAAP
Oct - Dec, 2023	6,244	314	445	203	210.0	5.0	Feb 9, 2024	J-GAAP
Jan - Mar, 2024	5,772	131	392	254	262.6	2.3	May 15, 2024	J-GAAP
Apr - Jun, 2024	5,715	43	239	53	55.5	0.8	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	6,007	160	-456	-457	-472.2	2.7	Nov 11, 2024	J-GAAP
YoY	+0.2%	+63.3%	－	-1,804.2%	-1,801.8%