kabutan

NTN, Apr-Dec (Cumulative 3Q) Net Income Turns to Loss, Oct-Dec Net Income Turns to Loss

Tue Feb 4, 2025 4:00 pm JST Earnings

6472 NTN CORPORATION 【J-GAAP】

Earnings Report

NTN CORPORATION <6472> [TSE Prime] announced its financial results after the market closed on February 4th (16:00). The consolidated net income/loss for the cumulative third quarter of the fiscal year ending March 2025 (April to December) turned into a loss of 8.25 billion yen (compared to a profit of 7.68 billion yen in the same period last year).

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income/loss for the January to March period (4Q) is expected to turn into a loss of 7.74 billion yen (compared to a profit of 2.88 billion yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the consolidated net income/loss turned to a loss of 6.12 billion yen (compared to a profit of 3.55 billion yen in the same period last year). The operating profit margin worsened from 4.1% in the same period last year to 2.1%.

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 569,422 9,891 7,411 -754 -1.4 61.5 Feb 2, 2023 J-GAAP
Apr - Dec, 2023 620,545 15,393 9,781 7,682 14.5 48.9 Feb 2, 2024 J-GAAP
Apr - Dec, 2024 615,518 14,213 5,787 -8,251 -15.6 64.3 Feb 4, 2025 J-GAAP
YoY -0.8% -7.7% -40.8%

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 426,638 21,386 15,118 6,444 12.1 5 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 401,053 12,051 5,517 -13,875 -26.2 5.50 Oct 31, 2024 J-GAAP
YoY -6.0% -43.7% -63.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 773,960 17,145 12,047 10,367 19.5 5 May 12, 2023 J-GAAP
Mar, 2024 836,285 28,149 20,001 10,568 19.9 10 May 14, 2024 J-GAAP
Mar, 2025 Guidance 815,000 22,000 9,000 -16,000 -30.2 11 Oct 31, 2024 J-GAAP
YoY -2.5% -21.8% -55.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 210,898 8,630 4,898 3,558 6.7 4.1 Feb 2, 2024 J-GAAP
Jan - Mar, 2024 215,740 12,756 10,220 2,886 5.4 5.9 May 14, 2024 J-GAAP
Apr - Jun, 2024 210,809 4,532 2,200 170 0.3 2.1 Aug 2, 2024 J-GAAP
Jul - Sep, 2024 203,138 5,417 1,283 -2,295 -4.3 2.7 Oct 31, 2024 J-GAAP
Oct - Dec, 2024 201,571 4,264 2,304 -6,126 -11.6 2.1 Feb 4, 2025 J-GAAP
YoY -4.4% -50.6% -53.0%

Related Articles