NAKANIPPON CASTING CO.,LTD, The Current Fiscal Year Ordinary Profit Revised Downward to a 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.

Wed Nov 13, 2024 2:00 pm JST Earnings

6439 NAKANIPPON CASTING CO.,LTD 【J-GAAP】

Earnings Report

NAKANIPPON CASTING CO.,LTD <6439> [NSE-M] announced its financial results in the afternoon session on November 13th (14:00). The ordinary profit/loss (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2025 (April to September) turned into a loss of 71 million yen (compared to a profit of 252 million yen in the same period last year), reversing from the forecast of a 25 million yen to a loss.

In addition, the full-year ordinary profit/loss has been revised downward from an expected profit of 110 million yen to a loss of 245 million yen (compared to a profit of 254 million yen in the previous period), turning to a loss outlook.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the ordinary profit/loss for the October to March period (second half) is expected to turn into a loss of 174 million yen (compared to a profit of 2 million yen in the same period last year).

At the same time, the year-end lump-sum dividend remains undecided.

In the most recent three-month period, from July to September (2Q), the ordinary profit/loss turned to a loss of 123 million yen (compared to a profit of 181 million yen in the same period last year). The operating profit/loss margin drastically worsened from 10.7% in the same period last year to -10.1%.

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	2,508	-152	-95	-59	-26.4	ー	Nov 11, 2022	J-GAAP
Apr - Sep, 2023	2,958	212	252	199	88.3	99.2	Nov 13, 2023	J-GAAP
Apr - Sep, 2024	2,592	-75	-71	-72	-32.2	ー	Nov 13, 2024	J-GAAP
YoY	-12.4%	－	－	－	－

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	2,700	18	25	23	10.2	－	May 13, 2024	J-GAAP
Apr - Sep, 2024 Results	2,592	-75	-71	-72	-32.2	－	Nov 13, 2024	J-GAAP
Revision Rate	-4.0%	－	－	－	－

Guidance Update

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	5,600	50	110	79	35.0	－	May 13, 2024	J-GAAP
Mar, 2025 New	4,800	-300	-245	-245	-108.6	－	Nov 13, 2024	J-GAAP
Revision Rate	-14.3%	－	－	－	－

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	2,854	-15	2	44	19.5	15	May 13, 2024	J-GAAP
Oct - Mar, 2024 Guidance	2,208	-225	-174	-173	-76.7	－	Nov 13, 2024	J-GAAP
YoY	-22.6%	-1,400.0%	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	5,367	-56	45	-483	-213.7	0	May 12, 2023	J-GAAP
Mar, 2024	5,812	197	254	243	107.7	15	May 13, 2024	J-GAAP
Mar, 2025 Guidance	4,800	-300	-245	-245	-108.6	－	Nov 13, 2024	J-GAAP
YoY	-17.4%	－	－	－	－

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	1,538	165	181	137	60.8	10.7	Nov 13, 2023	J-GAAP
Oct - Dec, 2023	1,414	-17	-4	6	2.7	-1.2	Feb 13, 2024	J-GAAP
Jan - Mar, 2024	1,440	2	6	38	16.8	0.1	May 13, 2024	J-GAAP
Apr - Jun, 2024	1,419	43	52	30	13.7	3.0	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	1,173	-118	-123	-102	-45.7	-10.1	Nov 13, 2024	J-GAAP
YoY	-23.7%	－	－	－	－