kabutan

Nippon Ichi Software, The Current Fiscal Year's Undisclosed Ordinary Profit Turns to Loss

Fri Feb 14, 2025 3:30 pm JST Earnings

3851 Nippon Ichi Software,Inc. 【J-GAAP】

Earnings Report

Nippon Ichi Software,Inc. <3851> [TSE Std] announced its financial results after the market closed on February 14th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) significantly dropped 94.3% from the same period last year to 41 million yen.

In addition, the full-year forecast, which was not disclosed, indicated that consolidated ordinary profit/loss will turn into a deficit of loss of 248 million yen (compared to a profit of 842 million yen in the previous period).

Based on the cumulative third-quarter performance announced by the company and the 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 loss of 289 million yen (compared to a profit of 127 million 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 177 million yen, a 30.9% decrease compared to the same period last year. The operating profit margin sharply declined from 19.9% in the same period last year to 2.3%.

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 3,349 542 672 485 96.5 71.4 Feb 10, 2023 J-GAAP
Apr - Dec, 2023 4,404 458 715 470 93.4 84.9 Feb 9, 2024 J-GAAP
Apr - Dec, 2024 3,695 -176 41 -27 -5.4 Feb 14, 2025 J-GAAP
YoY -16.1% -94.3%

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 5 May 10, 2024 J-GAAP
Oct - Mar, 2024 New 2,750 -310 -112 -146 -28.9 5 Feb 14, 2025 J-GAAP
Revision Rate

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 5 May 10, 2024 J-GAAP
Mar, 2025 New 5,197 -515 -248 -317 -62.7 5 Feb 14, 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
Oct - Mar, 2023 2,280 210 383 303 60.2 5 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 2,750 -310 -112 -146 -28.9 5 Feb 14, 2025 J-GAAP
YoY +20.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 4,833 745 941 672 133.5 5 May 12, 2023 J-GAAP
Mar, 2024 5,339 401 842 593 117.7 5 May 10, 2024 J-GAAP
Mar, 2025 Guidance 5,197 -515 -248 -317 -62.7 5 Feb 14, 2025 J-GAAP
YoY -2.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 1,345 267 256 180 35.8 19.9 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 935 -57 127 123 24.4 -6.1 May 10, 2024 J-GAAP
Apr - Jun, 2024 1,011 -256 -74 -93 -18.6 -25.3 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 1,436 51 -62 -78 -15.5 3.6 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 1,248 29 177 144 28.7 2.3 Feb 14, 2025 J-GAAP
YoY -7.2% -89.1% -30.9% -20.0% -19.8%

Related Articles