NICHIA STEEL WORKS, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 18%, Oct-Dec Ordinary Profit Increases by 48%

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.

Fri Jan 31, 2025 2:00 pm JST Earnings

5658 NICHIA STEEL WORKS,LTD. 【J-GAAP】

Earnings Report

NICHIA STEEL WORKS,LTD. <5658> [TSE Std] announced its financial results in the afternoon session on January 31st (14:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) increased 18.0% from the same period last year, reaching 1.63 billion yen. However, the progress rate toward the full-year plan of 2.2 billion yen was 74.5%, almost the same as the five-year average of 72.7%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to decrease 23.6% from the same period last year to 0.56 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 48.1% from the same period last year, reaching 0.69 billion yen. The operating profit margin improved from 3.6% in the same period last year to 5.1%.

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
Apr - Dec, 2022	25,367	1,381	1,798	1,011	20.9	78.5	Jan 31, 2023	J-GAAP
Apr - Dec, 2023	25,861	952	1,388	784	16.3	65.3	Jan 31, 2024	J-GAAP
Apr - Dec, 2024	25,663	1,110	1,638	748	15.8	74.5	Jan 31, 2025	J-GAAP
YoY	-0.8%	+16.6%	+18.0%	-4.6%	-3.3%

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	17,690	708	1,208	766	16.0	6	May 14, 2024	J-GAAP
Oct - Mar, 2024 Guidance	19,609	1,034	1,261	682	14.5	6	Nov 11, 2024	J-GAAP
YoY	+10.8%	+46.0%	+4.4%	-11.0%	-9.1%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	34,075	1,822	2,289	1,332	27.5	10	May 12, 2023	J-GAAP
Mar, 2024	34,497	1,335	2,124	1,258	26.2	10	May 14, 2024	J-GAAP
Mar, 2025 Guidance	36,500	1,700	2,200	1,150	24.5	10	May 14, 2024	J-GAAP
YoY	+5.8%	+27.3%	+3.6%	-8.6%	-6.6%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	9,054	325	472	292	6.1	3.6	Jan 31, 2024	J-GAAP
Jan - Mar, 2024	8,636	383	736	474	9.9	4.4	May 14, 2024	J-GAAP
Apr - Jun, 2024	8,608	303	580	325	6.8	3.5	Jul 31, 2024	J-GAAP
Jul - Sep, 2024	8,283	363	359	143	3.0	4.4	Nov 11, 2024	J-GAAP
Oct - Dec, 2024	8,772	444	699	280	5.9	5.1	Jan 31, 2025	J-GAAP
YoY	-3.1%	+36.6%	+48.1%	-4.1%	-2.6%