NIHON ISK Company, Limited, January-September (Third Quarter Cumulative) Ordinary Profit Increases by 19%, July-September Ordinary Profit Increases by 58%

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 3:30 pm JST Earnings

7986 NIHON ISK Company, Limited 【J-GAAP】

Earnings Report

NIHON ISK Company, Limited <7986> [TSE-S] announced its financial results after the market closed on November 14th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2024 (January to September) increased by 18.7% from the same period last year, reaching 495 million yen. The progress rate against the 550 million yen full-year plan was 90.0%, also surpassing the five-year average of 83.9%.

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to December period (4Q) is expected to significant drop by 59.6% from the same period last year to 55 million yen.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit increased by 57.6% from the same period last year, reaching 93 million yen. However, the operating profit margin worsened from 4.3% in the same period last year to 3.1%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Jan - Sep, 2022	3,988	159	192	133	77.8	111.0	Nov 14, 2022	J-GAAP
Jan - Sep, 2023	4,225	410	417	283	174.2	75.4	Nov 14, 2023	J-GAAP
Jan - Sep, 2024	4,445	442	495	335	208.2	90.0	Nov 14, 2024	J-GAAP
YoY	+5.2%	+7.8%	+18.7%	+18.4%	+19.5%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul - Dec, 2023	2,819	124	195	133	81.8	30	Feb 14, 2024	J-GAAP
Jul - Dec, 2024 Guidance	2,660	52	148	83	52.8	30	Aug 9, 2024	J-GAAP
YoY	-5.6%	-58.1%	-24.1%	-37.6%	-35.5%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	5,246	130	173	181	106.3	30	Feb 14, 2023	J-GAAP
Dec, 2023	5,681	476	553	375	230.8	30	Feb 14, 2024	J-GAAP
Dec, 2024 Guidance	5,700	450	550	350	222.4	30	Feb 14, 2024	J-GAAP
YoY	+0.3%	-5.5%	-0.5%	-6.7%	-3.6%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	1,363	58	59	41	25.2	4.3	Nov 14, 2023	J-GAAP
Oct - Dec, 2023	1,456	66	136	92	56.6	4.5	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	1,635	273	276	185	114.3	16.7	May 15, 2024	J-GAAP
Apr - Jun, 2024	1,405	125	126	82	50.8	8.9	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	1,405	44	93	68	42.3	3.1	Nov 14, 2024	J-GAAP
YoY	+3.1%	-24.1%	+57.6%	+65.9%	+67.4%