kabutan

Niigata Kotsu Co.,Ltd., First Half Ordinary Profit Increases by 34%, July-September Ordinary Profit Increases by 25%

Tue Nov 12, 2024 2:00 pm JST Earnings

9017 Niigata Kotsu Co.,Ltd. 【J-GAAP】

Earnings Report

Niigata Kotsu Co.,Ltd. <9017> [TSE-S] announced its financial results in the afternoon session on November 12th (14:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to 854 million yen, an increase of 33.9% compared to the same period last year. The progress rate against the 1 billion yen full-year plan was 85.4%, also surpassing the five-year average of 63.6%.

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 significant drop by 78.4% from the same period last year to 146 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew by 24.6% from the same period last year, reaching 563 million yen. The operating profit margin rose from 12.1% in the same period last year to 13.6%.

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 8,571 903 751 610 158.9 77.3 Nov 11, 2022 J-GAAP
Apr - Sep, 2023 9,585 852 638 572 149.1 48.5 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 9,917 1,088 854 589 153.4 85.4 Nov 12, 2024 J-GAAP
YoY +3.5% +27.7% +33.9% +3.0% +2.9%

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 9,917 1,088 854 589 153.4 0 Nov 12, 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 9,832 830 677 492 128.2 10 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 9,683 312 146 11 2.9 10 Nov 12, 2024 J-GAAP
YoY -1.5% -62.4% -78.4% -97.8% -97.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 17,469 1,372 971 897 233.7 0 May 15, 2023 J-GAAP
Mar, 2024 19,417 1,682 1,315 1,064 277.2 10 May 15, 2024 J-GAAP
Mar, 2025 Guidance 19,600 1,400 1,000 600 156.2 10 May 15, 2024 J-GAAP
YoY +0.9% -16.8% -24.0% -43.6% -43.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 4,978 600 452 300 78.2 12.1 Nov 10, 2023 J-GAAP
Oct - Dec, 2023 5,121 530 448 323 84.2 10.3 Feb 13, 2024 J-GAAP
Jan - Mar, 2024 4,711 300 229 169 44.0 6.4 May 15, 2024 J-GAAP
Apr - Jun, 2024 4,741 386 291 184 47.9 8.1 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 5,176 702 563 405 105.5 13.6 Nov 12, 2024 J-GAAP
YoY +4.0% +17.0% +24.6% +35.0% +34.9%

Related Articles