Ad-Sol Nissin, Oct-Dec (3Q) Ordinary Profit Increases by 12%, Current Fiscal Year Dividend Revised Upward by 10 yen

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.

Thu Feb 6, 2025 3:30 pm JST Earnings

3837 Ad-Sol Nissin Corporation 【J-GAAP】

Earnings Report

Ad-Sol Nissin Corporation <3837> [TSE Prime] announced its financial results after the market closed on February 6th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) increased 18.7% from the same period last year, reaching 1.4 billion yen. The progress rate toward the full-year plan of 1.74 billion yen was 80.3%, almost the same as the five-year average of 78.7%.

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 grow 12.8% from the same period last year, reaching 0.34 billion yen.

At the same time, the company has increased its planned annual dividend for the current fiscal year from the original plan of 50 yen to 60 yen (compared to 43 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 12.2% from the same period last year, reaching 0.49 billion yen. The operating profit margin rose from 12.5% in the same period last year to 12.8%.

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	9,463	933	952	634	68.2	76.5	Feb 7, 2023	J-GAAP
Apr - Dec, 2023	10,359	1,151	1,180	779	83.7	79.5	Feb 7, 2024	J-GAAP
Apr - Dec, 2024	11,533	1,374	1,401	924	99.9	80.3	Feb 6, 2025	J-GAAP
YoY	+11.3%	+19.4%	+18.7%	+18.6%	+19.4%

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	7,649	821	839	534	61.2	25	Nov 7, 2024	J-GAAP
Oct - Mar, 2024 New	7,649	821	839	534	61.2	35	Feb 6, 2025	J-GAAP
Revision Rate	0.0%	0.0%	0.0%	0.0%	0.0%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	15,300	1,700	1,745	1,130	129.4	50	Nov 7, 2024	J-GAAP
Mar, 2025 New	15,300	1,700	1,745	1,130	129.4	60	Feb 6, 2025	J-GAAP
Revision Rate	0.0%	0.0%	0.0%	0.0%	0.0%

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	7,243	728	746	498	53.5	24	May 9, 2024	J-GAAP
Oct - Mar, 2024 Guidance	7,649	821	839	534	61.2	35	Feb 6, 2025	J-GAAP
YoY	+5.6%	+12.8%	+12.5%	+7.2%	+14.4%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	12,842	1,210	1,244	841	90.4	38	May 9, 2023	J-GAAP
Mar, 2024	14,078	1,437	1,485	979	105.1	43	May 9, 2024	J-GAAP
Mar, 2025 Guidance	15,300	1,700	1,745	1,130	129.4	60	Feb 6, 2025	J-GAAP
YoY	+8.7%	+18.3%	+17.5%	+15.4%	+23.2%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	3,524	442	441	298	32.0	12.5	Feb 7, 2024	J-GAAP
Jan - Mar, 2024	3,719	286	305	200	21.5	7.7	May 9, 2024	J-GAAP
Apr - Jun, 2024	3,753	456	465	304	32.7	12.2	Aug 7, 2024	J-GAAP
Jul - Sep, 2024	3,898	423	441	292	31.6	10.9	Nov 7, 2024	J-GAAP
Oct - Dec, 2024	3,882	495	495	328	35.5	12.8	Feb 6, 2025	J-GAAP
YoY	+10.2%	+12.0%	+12.2%	+10.1%	+10.8%