kabutan

Nissui Corporation, First Half Ordinary Profit Decreases by 0.2％, July-September Ordinary Profit Increases by 2%

Wed Nov 6, 2024 1:00 pm JST Earnings

1332 Nissui Corporation 【J-GAAP】

Earnings Report

Nissui Corporation <1332> [TSE-P] announced its financial results in the afternoon session on November 6th (13:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) was 16.9 billion yen, a 0.2% decrease compared to the same period last year. The progress rate against the 35 billion yen full-year plan was 48.5%, almost the same as the five-year average of 48.5%.

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 October to March period (second half) is expected to grow by 20.6% from the same period last year, reaching 18 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit amounted to 7.46 billion yen, an increase of 2.2% compared to the same period last year. The operating profit margin remained almost flat, changing from 3.2% in the same period last year to 3.4%.

Kabutan News

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
Apr - Sep, 2022 377,207 13,332 14,716 11,747 37.8 53.0 Nov 2, 2022 J-GAAP
Apr - Sep, 2023 407,134 16,275 17,018 11,685 37.6 53.2 Nov 6, 2023 J-GAAP
Apr - Sep, 2024 440,682 17,276 16,976 10,499 33.8 48.5 Nov 6, 2024 J-GAAP
YoY +8.2% +6.2% -0.2% -10.1% -10.0%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 Guidance ー ー ー ー － 12 May 14, 2024 J-GAAP
Apr - Sep, 2024 Results 440,682 17,276 16,976 10,499 33.8 12 Nov 6, 2024 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 424,241 13,388 14,945 12,165 39.1 14 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 434,318 15,224 18,024 13,501 43.4 12 Nov 6, 2024 J-GAAP
YoY +2.4% +13.7% +20.6% +11.0% +11.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 768,181 24,488 27,776 21,233 68.2 18 May 12, 2023 J-GAAP
Mar, 2024 831,375 29,663 31,963 23,850 76.7 24 May 14, 2024 J-GAAP
Mar, 2025 Guidance 875,000 32,500 35,000 24,000 77.2 24 May 14, 2024 J-GAAP
YoY +5.2% +9.6% +9.5% +0.6% +0.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 207,290 6,555 7,300 5,704 18.3 3.2 Nov 6, 2023 J-GAAP
Oct - Dec, 2023 218,347 10,080 10,762 8,608 27.7 4.6 Feb 6, 2024 J-GAAP
Jan - Mar, 2024 205,894 3,308 4,183 3,557 11.4 1.6 May 14, 2024 J-GAAP
Apr - Jun, 2024 220,644 9,724 11,626 7,367 23.7 4.4 Aug 6, 2024 J-GAAP
Jul - Sep, 2024 220,038 7,552 5,350 3,132 10.1 3.4 Nov 6, 2024 J-GAAP
YoY +6.1% +15.2% -26.7% -45.1% -45.0%

Related Articles