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NANYO, The Current Fiscal Year Ordinary Profit Revised Upward by 7%, Dividend Revised Upward by 5 yen

Fri Feb 7, 2025 3:30 pm JST Earnings

7417 NANYO CORPORATION 【J-GAAP】

Earnings Report

NANYO CORPORATION <7417> [TSE Std] announced its financial results after the market closed on February 7th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) increased 9.0% from the same period last year, reaching 2.42 billion yen.

In addition, the full-year consolidated ordinary profit has been revised upward 7.4%, from the previous forecast of 2.7 billion yen to 2.9 billion yen (compared to 3.03 billion yen in the previous period), and the declining rate is expected to decrease from 11.1% to 4.5%.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (2H) has been revised upward 16.6%, from the previous forecast of 1.2 billion yen to 1.4 billion yen (compared to 1.67 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 28.1% to 16.1%.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 49 yen to 54 yen (compared to 101 yen before the 2-for-1 forward stock split in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 7.9% from the same period last year, reaching 0.93 billion yen. The operating profit margin improved from 8.8% in the same period last year to 9.1%.

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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 28,168 2,063 2,270 1,467 115.1 70.4 Feb 7, 2023 J-GAAP
Apr - Dec, 2023 27,488 2,029 2,226 1,441 112.9 73.3 Feb 8, 2024 J-GAAP
Apr - Dec, 2024 27,034 2,200 2,427 1,587 127.1 83.7 Feb 7, 2025 J-GAAP
YoY -1.7% +8.4% +9.0% +10.1% +12.6%

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 18,843 1,157 1,203 766 61.3 39 Nov 8, 2024 J-GAAP
Oct - Mar, 2024 New 18,843 1,357 1,403 916 73.3 44 Feb 7, 2025 J-GAAP
Revision Rate 0.0% +17.3% +16.6% +19.6% +19.6%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 36,500 2,500 2,700 1,750 140.0 49 Oct 21, 2024 J-GAAP
Mar, 2025 New 36,500 2,700 2,900 1,900 152.0 54 Feb 7, 2025 J-GAAP
Revision Rate 0.0% +8.0% +7.4% +8.6% +8.6%

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 19,903 1,585 1,672 1,120 88.1 43 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 18,843 1,357 1,403 916 73.3 44 Feb 7, 2025 J-GAAP
YoY -5.3% -14.4% -16.1% -18.2% -16.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 39,339 2,967 3,225 2,146 168.3 50.50 May 11, 2023 J-GAAP
Mar, 2024 37,991 2,785 3,036 1,991 156.6 50.50 May 10, 2024 J-GAAP
Mar, 2025 Guidance 36,500 2,700 2,900 1,900 152.0 54 Feb 7, 2025 J-GAAP
YoY -3.9% -3.1% -4.5% -4.6% -2.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 9,400 829 862 570 44.7 8.8 Feb 8, 2024 J-GAAP
Jan - Mar, 2024 10,503 756 810 550 43.3 7.2 May 10, 2024 J-GAAP
Apr - Jun, 2024 8,612 629 750 486 39.0 7.3 Aug 6, 2024 J-GAAP
Jul - Sep, 2024 9,045 714 747 498 39.9 7.9 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 9,377 857 930 603 48.3 9.1 Feb 7, 2025 J-GAAP
YoY -0.2% +3.4% +7.9% +5.8% +8.1%

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