Nihon Seimitsu Co.,Ltd., First Half Ordinary Profit Turns to Loss, July-September Ordinary Profit Turns to Loss
7771 Nihon Seimitsu Co.,Ltd. 【J-GAAP】
Earnings ReportNihon Seimitsu Co.,Ltd. <7771> [TSE-S] announced its financial results after the market closed on November 13th (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 72 million yen (compared to a profit of 314 million 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 50.0% from the same period last year, reaching 201 million yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit/loss turned to a loss of 339 million yen (compared to a profit of 179 million yen in the same period last year). However, the operating profit margin significantly improved from 4.2% in the same period last year to 7.3%.
Kabutan News
Actual Performance and Financial Trends
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Progress Rate vs. First Half |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
3,546M | 81M | 497M | 378M | 17.2 | 193.4 | Nov 11, 2022 | J-GAAP |
|
|
3,162M | 43M | 314M | 257M | 11.7 | 70.1 | Nov 13, 2023 | J-GAAP |
|
|
3,686M | 228M | -72M | -99M | -4.5 | ー | Nov 13, 2024 | J-GAAP |
| YoY | +16.6% | +430.2% | - | - | - |
| 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 | 3,686M | 228M | -72M | -99M | -4.5 | 0 | Nov 13, 2024 | J-GAAP |
| Revision Rate | - | - | - | - | - |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
3,566M | 209M | 134M | 133M | 6.1 | 0 | May 15, 2024 | J-GAAP |
|
Guidance
Oct - Mar, 2024
|
2,960M | -58M | 201M | 212M | 9.6 | 0 | Nov 13, 2024 | J-GAAP |
| YoY | -17.0% | - | +50.0% | +59.4% | +59.0% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
6,900M | 181M | 257M | 175M | 8.0 | 0 | May 15, 2023 | J-GAAP |
|
|
6,728M | 252M | 448M | 390M | 17.7 | 0 | May 15, 2024 | J-GAAP |
|
Guidance
Mar, 2025
|
6,646M | 170M | 129M | 113M | 5.1 | 0 | May 15, 2024 | J-GAAP |
| YoY | -1.2% | -32.5% | -71.2% | -71.0% | -71.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Operating Profit Margin |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
1,716M | 72M | 179M | 153M | 7.0 | 4.2 | Nov 13, 2023 | J-GAAP |
|
|
1,821M | 61M | -174M | -153M | -7.0 | 3.3 | Feb 13, 2024 | J-GAAP |
|
|
1,745M | 148M | 308M | 286M | 13.0 | 8.5 | May 15, 2024 | J-GAAP |
|
|
1,877M | 96M | 267M | 215M | 9.8 | 5.1 | Aug 8, 2024 | J-GAAP |
|
|
1,809M | 132M | -339M | -314M | -14.4 | 7.3 | Nov 13, 2024 | J-GAAP |
| YoY | +5.4% | +83.3% | - | - | - |
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