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NISSEI PLASTIC INDUSTRIAL, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 39%, Oct-Dec Ordinary Profit Decreases by 49%

Fri Feb 7, 2025 4:00 pm JST Earnings

6293 NISSEI PLASTIC INDUSTRIAL CO.,LTD. 【J-GAAP】

Earnings Report

NISSEI PLASTIC INDUSTRIAL CO.,LTD. <6293> [TSE Prime] announced its financial results after the market closed on February 7th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) dropped 38.9% from the same period last year to 0.83 billion yen. The progress rate toward the full-year plan of 1.15 billion yen was 72.3%, also falling below the five-year average of 92.7%.

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/loss for the January to March period (4Q) is expected to turn into a profit of 0.31 billion yen (compared to a loss of 0.02 billion yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit dropped to 0.28 billion yen, a 48.8% decrease compared to the same period last year. The operating profit margin drastically worsened from 6.9% in the same period last year to 2.4%.

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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 37,945 2,579 2,496 1,805 74.1 83.3 Feb 10, 2023 J-GAAP
Apr - Dec, 2023 34,056 494 437 -274 -14.3 136.1 Feb 9, 2024 J-GAAP
Apr - Dec, 2024 33,725 346 394 229 12.0 34.3 Feb 7, 2025 J-GAAP
YoY -1.0% -30.0% -9.8%

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 24,488 712 141 -272 -14.2 20 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 23,395 899 957 538 28.0 20 Nov 8, 2024 J-GAAP
YoY -4.5% +26.3% +578.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 52,205 3,249 2,995 2,225 94.1 35 May 12, 2023 J-GAAP
Mar, 2024 47,068 705 321 -502 -26.2 35 May 14, 2024 J-GAAP
Mar, 2025 Guidance 45,500 1,050 1,150 600 31.2 35 May 14, 2024 J-GAAP
YoY -3.3% +48.9% +258.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 11,476 501 257 -44 -2.3 4.4 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 13,012 211 -116 -228 -11.9 1.6 May 14, 2024 J-GAAP
Apr - Jun, 2024 9,748 93 269 -43 -2.3 1.0 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 12,357 58 -76 105 27.9 0.5 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 11,620 195 201 167 8.7 1.7 Feb 7, 2025 J-GAAP
YoY +1.3% -61.1% -21.8%

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