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NAGAOKA INTERNATIONAL, First Half Ordinary Profit Decreases by 21%, Oct-Dec Ordinary Profit Decreases by 27%

Wed Feb 12, 2025 5:00 pm JST Earnings

6239 NAGAOKA INTERNATIONAL CORPORATION 【J-GAAP】

Earnings Report

NAGAOKA INTERNATIONAL CORPORATION <6239> [TSE Std] announced its financial results after the market closed on February 12th (17:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending June 2025 (July to December) decreased 20.6% from the same period last year to 0.51 billion yen. The progress rate toward the full-year plan of 1.85 billion yen was 27.7%, also falling below the five-year average of 45.5%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to June period (2H) is expected to grow 13.1% from the same period last year, reaching 1.33 billion yen.

In the most recent three-month period, from October to December (2Q), the consolidated ordinary profit decreased to 0.27 billion yen, a 26.6% decrease compared to the same period last year. The operating profit margin decreased from 18.8% in the same period last year to 13.2%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jul - Dec, 2022 3,146 288 288 223 31.7 21.3 Feb 10, 2023 J-GAAP
Jul - Dec, 2023 3,520 595 645 432 61.4 35.3 Feb 9, 2024 J-GAAP
Jul - Dec, 2024 3,604 494 512 336 48.1 27.7 Feb 12, 2025 J-GAAP
YoY +2.4% -17.0% -20.6% -22.2% -21.6%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2024 Guidance 0 Aug 9, 2024 J-GAAP
Jul - Dec, 2024 Results 3,604 494 512 336 48.1 0 Feb 12, 2025 J-GAAP
Revision Rate

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2024 5,985 1,087 1,183 718 104.0 34 Aug 9, 2024 J-GAAP
Jan - Jun, 2025 Guidance 7,596 1,356 1,338 864 123.9 35 Feb 12, 2025 J-GAAP
YoY +26.9% +24.7% +13.1% +20.3% +19.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun, 2023 8,148 1,310 1,352 867 123.1 23 Aug 9, 2023 J-GAAP
Jun, 2024 9,505 1,682 1,828 1,150 166.6 34 Aug 9, 2024 J-GAAP
Jun, 2025 Guidance 11,200 1,850 1,850 1,200 172.0 35 Aug 9, 2024 J-GAAP
YoY +17.8% +10.0% +1.2% +4.3% +3.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 1,990 374 372 249 35.4 18.8 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 2,700 564 594 383 54.6 20.9 May 13, 2024 J-GAAP
Apr - Jun, 2024 3,285 523 589 335 48.5 15.9 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 1,840 261 239 151 21.6 14.2 Nov 13, 2024 J-GAAP
Oct - Dec, 2024 1,764 233 273 185 26.5 13.2 Feb 12, 2025 J-GAAP
YoY -11.4% -37.7% -26.6% -25.7% -25.1%

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