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NIPPON CERAMIC, Jan-Sep (Cumulative 3Q) Ordinary Profit Increases by 26%, Jul-Sep Ordinary Profit Increases by 71%
6929 NIPPON CERAMIC CO.,LTD. 【J-GAAP】
Earnings ReportNIPPON CERAMIC CO.,LTD. <6929> [TSE Prime] announced its financial results in the afternoon session on November 7th (15:10). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2025 (January to September) increased 26.4% from the same period last year, reaching 5.08 billion yen. Progress toward the full-year plan of 6.18 billion yen was 82.3%, also surpassing the five-year average of 74.2%.
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 October to December period (4Q) is expected to drop 40.0% from the same period last year to 1.09 billion yen.
In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit increased 71.3% from the same period last year, reaching 1.96 billion yen. The operating profit margin rose from 21.7% in the same period last year to 23.2%.
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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 |
|---|---|---|---|---|---|---|---|---|
| Jan - Sep, 2023 | 18,461 | 3,527 | 4,255 | 3,007 | 127.5 | 80.1 | Nov 2, 2023 | J-GAAP |
| Jan - Sep, 2024 | 18,482 | 3,626 | 4,025 | 2,842 | 122.7 | 68.9 | Nov 8, 2024 | J-GAAP |
| Jan - Sep, 2025 | 20,785 | 4,797 | 5,088 | 5,588 | 258.2 | 82.3 | Nov 7, 2025 | J-GAAP |
| YoY | +12.5% | +32.3% | +26.4% | +96.6% | +110.5% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2024 | 12,906 | 2,712 | 2,968 | 2,138 | 93.1 | 125 | Feb 7, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 13,323 | 2,849 | 3,060 | 2,058 | 96.3 | 125 | Aug 1, 2025 | J-GAAP |
| YoY | +3.2% | +5.1% | +3.1% | -3.7% | +3.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 24,449 | 4,574 | 5,313 | 3,693 | 156.6 | 100 | Feb 9, 2024 | J-GAAP |
| Dec, 2024 | 25,037 | 4,961 | 5,844 | 4,162 | 181.3 | 125 | Feb 7, 2025 | J-GAAP |
| Dec, 2025 Guidance | 27,000 | 6,000 | 6,180 | 6,250 | 292.4 | 125 | Aug 1, 2025 | J-GAAP |
| YoY | +7.8% | +20.9% | +5.7% | +50.2% | +61.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 6,351 | 1,377 | 1,149 | 818 | 35.3 | 21.7 | Nov 8, 2024 | J-GAAP |
| Oct - Dec, 2024 | 6,555 | 1,335 | 1,819 | 1,320 | 57.5 | 20.4 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 6,639 | 1,510 | 1,466 | 1,079 | 49.3 | 22.7 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 7,038 | 1,641 | 1,654 | 3,113 | 143.4 | 23.3 | Aug 1, 2025 | J-GAAP |
| Jul - Sep, 2025 | 7,108 | 1,646 | 1,968 | 1,396 | 64.5 | 23.2 | Nov 7, 2025 | J-GAAP |
| YoY | +11.9% | +19.5% | +71.3% | +70.7% | +82.7% |
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