NICHIDEN, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 5%, Oct-Dec Ordinary Profit Increases by 29%

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Mon Feb 3, 2025 3:00 pm JST Earnings

9902 NICHIDEN Corporation 【J-GAAP】

Earnings Report

NICHIDEN Corporation <9902> [TSE Prime] announced its financial results in the afternoon session on February 3rd (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) increased 4.7% from the same period last year, reaching 5.24 billion yen. The progress rate toward the full-year plan of 6.5 billion yen was 80.7%, also surpassing the five-year average of 73.8%.

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 11.8% from the same period last year to 1.25 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 29.0% from the same period last year, reaching 2.23 billion yen. The operating profit margin remained almost flat, changing from 5.3% in the same period last year to 5.5%.

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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	99,212	4,906	5,358	3,738	119.1	79.3	Feb 3, 2023	J-GAAP
Apr - Dec, 2023	94,659	4,553	5,012	3,677	118.9	77.9	Feb 2, 2024	J-GAAP
Apr - Dec, 2024	100,008	4,826	5,248	3,524	118.1	80.7	Feb 3, 2025	J-GAAP
YoY	+5.7%	+6.0%	+4.7%	-4.2%	-0.7%

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	64,462	2,955	3,148	2,160	70.2	65	May 8, 2024	J-GAAP
Oct - Mar, 2024 Guidance	69,056	3,189	3,482	2,680	90.8	35	Nov 5, 2024	J-GAAP
YoY	+7.1%	+7.9%	+10.6%	+24.1%	+29.4%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	131,609	6,287	6,756	4,967	158.2	65	May 9, 2023	J-GAAP
Mar, 2024	126,912	5,809	6,431	4,674	151.8	65	May 8, 2024	J-GAAP
Mar, 2025 Guidance	134,000	6,100	6,500	4,700	159.2	65	May 8, 2024	J-GAAP
YoY	+5.6%	+5.0%	+1.1%	+0.6%	+4.9%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	32,209	1,699	1,729	1,163	37.6	5.3	Feb 2, 2024	J-GAAP
Jan - Mar, 2024	32,253	1,256	1,419	997	32.4	3.9	May 8, 2024	J-GAAP
Apr - Jun, 2024	32,598	1,460	1,751	1,173	38.8	4.5	Aug 2, 2024	J-GAAP
Jul - Sep, 2024	32,346	1,451	1,267	847	28.2	4.5	Nov 5, 2024	J-GAAP
Oct - Dec, 2024	35,064	1,915	2,230	1,504	50.4	5.5	Feb 3, 2025	J-GAAP
YoY	+8.9%	+12.7%	+29.0%	+29.3%	+34.0%