Nippon Grande Co.,Ltd., The Current Fiscal Year Ordinary Profit Revised Downward to a Loss, The Undetermined Dividend The Undetermined Dividend Turns to No The Undetermined Dividend

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.

Thu Nov 14, 2024 1:30 pm JST Earnings

2976 Nippon Grande Co.,Ltd. 【J-GAAP】

Earnings Report

Nippon Grande Co.,Ltd. <2976> [SSE-A] announced its financial results in the afternoon session on November 14th (13:30). The consolidated ordinary loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) was a reduced loss of 59 million yen (compared to a loss of 107 million yen in the same period last year).

However, the full-year consolidated ordinary profit/loss has been revised downward from an expected profit of 29 million yen to a loss of 117 million yen (compared to a profit of 71 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 consolidated ordinary profit/loss for the October to March period (second half) is expected to turn into a loss of 58 million yen (compared to a profit of 178 million yen in the same period last year).

Due to a decline in performance, the company has decided to forego the year-end lump-sum dividend for the current fiscal year, which had previously been undecided (compared to 13 yen in the prior term), and the policy has been set to forego dividends for the first time in ten terms.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary loss improved to a deficit of loss of 8 million yen (compared to a loss of 77 million yen in the same period last year). The operating profit/loss margin drastically improved from -30.2% in the same period last year to 0.0%.

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	637	-76	-87	-28	-22.2	ー	Nov 14, 2022	J-GAAP
Apr - Sep, 2023	980	-90	-107	-73	-54.7	ー	Nov 14, 2023	J-GAAP
Apr - Sep, 2024	1,303	-44	-59	-9	-7.4	ー	Nov 14, 2024	J-GAAP
YoY	+33.0%	+51.1%	+44.9%	+87.7%	+86.5%

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 13, 2024	J-GAAP
Apr - Sep, 2024 Results	1,303	-44	-59	-9	-7.4	0	Nov 14, 2024	J-GAAP
Revision Rate	－	－	－	－	－

Guidance Update

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	3,885	67	29	19	14.1	－	May 13, 2024	J-GAAP
Mar, 2025 New	2,864	-83	-117	-78	-58.1	0	Nov 14, 2024	J-GAAP
Revision Rate	-26.3%	－	－	－	－

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	2,911	196	178	121	90.4	13	May 13, 2024	J-GAAP
Oct - Mar, 2024 Guidance	1,561	-39	-58	-69	-51.4	0	Nov 14, 2024	J-GAAP
YoY	-46.4%	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	4,563	200	180	156	120.3	13	May 12, 2023	J-GAAP
Mar, 2024	3,891	106	71	48	35.9	13	May 13, 2024	J-GAAP
Mar, 2025 Guidance	2,864	-83	-117	-78	-58.1	0	Nov 14, 2024	J-GAAP
YoY	-26.4%	－	－	－	－

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	225	-68	-77	-52	-39.0	-30.2	Nov 14, 2023	J-GAAP
Oct - Dec, 2023	1,696	110	101	69	53.0	6.5	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	1,215	86	77	52	38.8	7.1	May 13, 2024	J-GAAP
Apr - Jun, 2024	314	-44	-51	-31	-23.7	-14.0	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	989	0	-8	22	18.1	0.0	Nov 14, 2024	J-GAAP
YoY	+339.6%	－	+89.6%	－	－