Naigai Tec, The Current Fiscal Year Ordinary Profit Revised Downward by 5%

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.

Fri Feb 14, 2025 3:45 pm JST Earnings

3374 Naigai Tec Corporation 【J-GAAP】

Earnings Report

Naigai Tec Corporation <3374> [TSE Std] announced its financial results after the market closed on February 14th (15:45). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) increased 24.0% from the same period last year, reaching 0.98 billion yen.

However, the full-year consolidated ordinary profit has decreased 4.6%, from the previous forecast of 1.52 billion yen to 1.45 billion yen (compared to 1.18 billion yen in the previous period), leading to a reduction in the profit growth rate from 27.8% to 22.0%.

Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated ordinary profit for the October to March period (2H) has decreased 6.3%, from the previous forecast of 1.11 billion yen to 1.04 billion yen (compared to 0.68 billion yen in the same period of the previous year), leading to a reduction in the profit growth rate from 63.8% to 53.5%.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit surged 2.0 times that of the same period last year, reaching 0.58 billion yen. The operating profit margin improved from 3.0% in the same period last year to 5.7%.

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	33,794	1,755	1,747	1,137	325.8	74.8	Feb 13, 2023	J-GAAP
Apr - Dec, 2023	30,302	813	795	514	147.1	66.9	Feb 13, 2024	J-GAAP
Apr - Dec, 2024	26,231	1,002	986	580	165.9	68.0	Feb 14, 2025	J-GAAP
YoY	-13.4%	+23.2%	+24.0%	+12.8%	+12.8%

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	27,639	1,117	1,117	778	222.4	99	Nov 13, 2024	J-GAAP
Oct - Mar, 2024 New	19,439	1,057	1,047	708	202.4	99	Feb 14, 2025	J-GAAP
Revision Rate	-29.7%	-5.4%	-6.3%	-9.0%	-9.0%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	43,800	1,540	1,520	1,030	294.4	99	May 15, 2024	J-GAAP
Mar, 2025 New	35,600	1,480	1,450	960	274.4	99	Feb 14, 2025	J-GAAP
Revision Rate	-18.7%	-3.9%	-4.6%	-6.8%	-6.8%

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	18,535	697	682	524	150.0	93	May 15, 2024	J-GAAP
Oct - Mar, 2024 Guidance	19,439	1,057	1,047	708	202.4	99	Feb 14, 2025	J-GAAP
YoY	+4.9%	+51.6%	+53.5%	+35.1%	+35.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	45,281	2,349	2,336	1,638	469.4	118	May 12, 2023	J-GAAP
Mar, 2024	39,013	1,218	1,189	848	242.7	93	May 15, 2024	J-GAAP
Mar, 2025 Guidance	35,600	1,480	1,450	960	274.4	99	Feb 14, 2025	J-GAAP
YoY	-8.7%	+21.5%	+22.0%	+13.2%	+13.1%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	9,824	292	288	190	54.4	3.0	Feb 13, 2024	J-GAAP
Jan - Mar, 2024	8,711	405	394	334	95.6	4.6	May 15, 2024	J-GAAP
Apr - Jun, 2024	8,115	210	203	88	25.2	2.6	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	8,046	213	200	164	47.0	2.6	Nov 13, 2024	J-GAAP
Oct - Dec, 2024	10,070	579	583	328	93.8	5.7	Feb 14, 2025	J-GAAP
YoY	+2.5%	+98.3%	+102.4%	+72.6%	+72.5%