kabutan

Nippon RAD, The Current Fiscal Year Ordinary Profit Revised Upward by 41%

Mon Feb 3, 2025 4:30 pm JST Earnings

4736 Nippon RAD Inc. 【J-GAAP】

Earnings Report

Nippon RAD Inc. <4736> [TSE Std] announced its financial results after the market closed on February 3rd (16:30). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending March 2025 (April to December) was 231 million yen, a 2.9% decrease compared to the same period last year.

However, the full-year ordinary profit has been revised upward 40.5%, from the previous forecast of 200 million yen to 281 million yen (compared to 321 million yen in the previous period), and the declining rate is expected to decrease from 37.7% to 12.5%.

Based on the full-year plan announced by the company after the upward revision, our estimate of the ordinary profit for the October to March period (2H) has been revised upward 5.1 times, from the previous forecast of 20 million yen to 101 million yen (compared to 146 million yen in the same period of the previous year), and the declining rate is expected to decrease from 86.3% to 30.8%.

In the most recent three-month period, from October to December (3Q), the ordinary profit decreased to 51 million yen, a 19.0% decrease compared to the same period last year. The operating profit margin worsened from 5.8% in the same period last year to 4.1%.

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 2,515 2 56 48 9.1 40.0 Feb 6, 2023 J-GAAP
Apr - Dec, 2023 2,890 184 238 200 38.5 74.1 Feb 5, 2024 J-GAAP
Apr - Dec, 2024 3,060 160 231 152 28.9 82.2 Feb 3, 2025 J-GAAP
YoY +5.9% -13.0% -2.9% -24.0% -24.9%

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 Prev 1,922 36 20 192 36.3 10 Nov 11, 2024 J-GAAP
Oct - Mar, 2024 New 2,309 96 101 231 43.7 10 Feb 3, 2025 J-GAAP
Revision Rate +20.1% +166.7% +405.0% +20.3% +20.3%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 3,863 150 200 317 60.0 10 May 13, 2024 J-GAAP
Mar, 2025 New 4,250 210 281 356 67.3 10 Feb 3, 2025 J-GAAP
Revision Rate +10.0% +40.0% +40.5% +12.3% +12.3%

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 2,154 144 146 180 34.7 5 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance 2,309 96 101 231 43.7 10 Feb 3, 2025 J-GAAP
YoY +7.2% -33.3% -30.8% +28.3% +26.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 3,555 86 140 140 26.7 5 May 15, 2023 J-GAAP
Mar, 2024 3,984 266 321 327 63.0 10 May 13, 2024 J-GAAP
Mar, 2025 Guidance 4,250 210 281 356 67.3 10 Feb 3, 2025 J-GAAP
YoY +6.7% -21.1% -12.5% +8.9% +6.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 1,060 62 63 53 10.2 5.8 Feb 5, 2024 J-GAAP
Jan - Mar, 2024 1,094 82 83 127 24.5 7.5 May 13, 2024 J-GAAP
Apr - Jun, 2024 943 53 118 78 15.0 5.6 Aug 5, 2024 J-GAAP
Jul - Sep, 2024 998 61 62 47 9.0 6.1 Nov 11, 2024 J-GAAP
Oct - Dec, 2024 1,119 46 51 27 5.1 4.1 Feb 3, 2025 J-GAAP
YoY +5.6% -25.8% -19.0% -49.1% -49.7%

Related Articles