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Nippon BS Broadcasting, Mar-May (3Q) Ordinary Profit Decreases by 38%
9414 Nippon BS Broadcasting Corporation 【J-GAAP】
Earnings ReportNippon BS Broadcasting Corporation <9414> [TSE Std] announced its financial results in the afternoon session on July 10th (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending August 2025 (September 2024 to May 2025) was 1.56 billion yen, a 0.4% increase compared to the same period last year. Progress toward the full-year plan of 2.03 billion yen was 77.1%, almost the same as the five-year average of 77.3%.
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 for the June to August period (4Q) is expected to decrease 13.2% from the same period last year to 0.46 billion yen.
In the most recent three-month period, from March to May (3Q), the consolidated ordinary profit dropped to 0.39 billion yen, a 37.7% decrease compared to the same period last year. The operating profit margin significantly dropped from 20.1% in the same period last year to 13.5%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - May, 2022 | 9,113 | 1,616 | 1,615 | 1,100 | 61.8 | 80.1 | Jul 7, 2023 | J-GAAP |
| Sep - May, 2023 | 9,067 | 1,556 | 1,561 | 1,076 | 60.4 | 74.4 | Jul 4, 2024 | J-GAAP |
| Sep - May, 2024 | 8,747 | 1,544 | 1,567 | 1,062 | 59.7 | 77.1 | Jul 10, 2025 | J-GAAP |
| YoY | -3.5% | -0.8% | +0.4% | -1.3% | -1.3% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar - Aug, 2024 | 6,305 | 1,156 | 1,167 | 813 | 45.7 | 30 | Oct 10, 2024 | J-GAAP |
| Mar - Aug, 2025 Guidance | 6,425 | 845 | 858 | 606 | 34.0 | 30 | Apr 10, 2025 | J-GAAP |
| YoY | +1.9% | -26.9% | -26.5% | -25.5% | -25.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Aug, 2023 | 12,417 | 1,983 | 2,015 | 1,386 | 77.9 | 26 | Oct 5, 2023 | J-GAAP |
| Aug, 2024 | 12,241 | 2,083 | 2,097 | 1,455 | 81.7 | 30 | Oct 10, 2024 | J-GAAP |
| Aug, 2025 Guidance | 12,314 | 2,004 | 2,032 | 1,407 | 79.0 | 30 | Oct 10, 2024 | J-GAAP |
| YoY | +0.6% | -3.8% | -3.1% | -3.3% | -3.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar - May, 2024 | 3,131 | 629 | 631 | 434 | 24.4 | 20.1 | Jul 4, 2024 | J-GAAP |
| Jun - Aug, 2024 | 3,174 | 527 | 536 | 379 | 21.3 | 16.6 | Oct 10, 2024 | J-GAAP |
| Sep - Nov, 2024 | 2,892 | 545 | 549 | 365 | 20.5 | 18.8 | Jan 9, 2025 | J-GAAP |
| Dec - Feb, 2024 | 2,997 | 614 | 625 | 436 | 24.5 | 20.5 | Apr 10, 2025 | J-GAAP |
| Mar - May, 2025 | 2,858 | 385 | 393 | 261 | 14.7 | 13.5 | Jul 10, 2025 | J-GAAP |
| YoY | -8.7% | -38.8% | -37.7% | -39.9% | -39.9% |
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