kabutan

NAFCO, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 62%, Oct-Dec Ordinary Profit Decreases by 26%

Fri Jan 31, 2025 3:30 pm JST Earnings

2790 NAFCO CO., Ltd 【J-GAAP】

Earnings Report

NAFCO CO., Ltd <2790> [TSE Std] announced its financial results after the market closed on January 31st (15:30). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending March 2025 (April to December) significantly dropped 62.1% from the same period last year to 2.31 billion yen. The progress rate toward the full-year plan of 3.1 billion yen was 74.5%, also falling below the five-year average of 99.1%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit/loss for the January to March period (4Q) is expected to turn into a profit of 0.79 billion yen (compared to a loss of 0.55 billion yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the ordinary profit decreased to 1.41 billion yen, a 25.5% decrease compared to the same period last year. The operating profit margin worsened from 3.6% in the same period last year to 2.9%.

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 159,297 9,475 9,866 6,046 211.7 102.1 Jan 27, 2023 J-GAAP
Apr - Dec, 2023 152,754 6,035 6,104 3,536 123.8 109.9 Jan 26, 2024 J-GAAP
Apr - Dec, 2024 143,827 2,263 2,315 1,128 42.1 74.5 Jan 31, 2025 J-GAAP
YoY -5.8% -62.5% -62.1% -68.1% -66.0%

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 91,503 1,291 1,343 620 22.0 29 Apr 26, 2024 J-GAAP
Oct - Mar, 2024 Guidance 92,818 2,174 2,202 1,354 55.1 29 Oct 25, 2024 J-GAAP
YoY +1.4% +68.4% +64.0% +118.4% +150.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 202,259 9,219 9,661 5,639 197.4 56 Apr 28, 2023 J-GAAP
Mar, 2024 192,974 5,477 5,552 3,107 110.3 58 Apr 26, 2024 J-GAAP
Mar, 2025 Guidance 189,454 3,062 3,106 1,700 69.2 58 Oct 25, 2024 J-GAAP
YoY -1.8% -44.1% -44.1% -45.3% -37.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 51,283 1,849 1,895 1,049 36.7 3.6 Jan 26, 2024 J-GAAP
Jan - Mar, 2024 40,220 -558 -552 -429 -15.2 -1.4 Apr 26, 2024 J-GAAP
Apr - Jun, 2024 48,691 1,511 1,527 963 36.0 3.1 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 47,945 -623 -623 -617 -23.1 -1.3 Oct 25, 2024 J-GAAP
Oct - Dec, 2024 47,191 1,375 1,411 782 29.2 2.9 Jan 31, 2025 J-GAAP
YoY -8.0% -25.6% -25.5% -25.5% -20.5%

Related Articles