kabutan

NISSHIN SEIFUN, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 3%, Oct-Dec Ordinary Profit Decreases by 12%

Tue Jan 28, 2025 3:30 pm JST Earnings

2002 NISSHIN SEIFUN GROUP INC. 【J-GAAP】

Earnings Report

NISSHIN SEIFUN GROUP INC. <2002> [TSE Prime] announced its financial results after the market closed on January 28th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 3.2% from the same period last year to 41.9 billion yen. The progress rate toward the full-year plan of 53 billion yen was 79.1%, below the five-year average of 84.8%.

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 January to March period (4Q) is expected to expand 65.8% from the same period last year, reaching 11 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 14.8 billion yen, a 11.6% decrease compared to the same period last year. The operating profit margin worsened from 7.3% in the same period last year to 6.2%.

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 600,005 25,462 27,040 -22,912 -77.1 81.8 Jan 30, 2023 J-GAAP
Apr - Dec, 2023 650,681 41,894 43,321 29,517 99.3 86.7 Jan 30, 2024 J-GAAP
Apr - Dec, 2024 647,441 39,470 41,940 30,538 102.7 79.1 Jan 28, 2025 J-GAAP
YoY -0.5% -5.8% -3.2% +3.5% +3.5%

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 431,367 22,280 23,481 13,297 44.7 24 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 440,487 24,990 25,924 18,637 64.3 30 Oct 30, 2024 J-GAAP
YoY +2.1% +12.2% +10.4% +40.2% +43.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 798,681 32,831 33,051 -10,381 -34.9 40 May 10, 2023 J-GAAP
Mar, 2024 858,248 47,791 49,992 31,743 106.7 45 May 15, 2024 J-GAAP
Mar, 2025 Guidance 870,000 51,000 53,000 39,000 134.6 55 Oct 30, 2024 J-GAAP
YoY +1.4% +6.7% +6.0% +22.9% +26.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 223,800 16,383 16,810 11,071 37.2 7.3 Jan 30, 2024 J-GAAP
Jan - Mar, 2024 207,567 5,897 6,671 2,226 7.5 2.8 May 15, 2024 J-GAAP
Apr - Jun, 2024 213,874 13,220 14,516 10,845 36.5 6.2 Jul 31, 2024 J-GAAP
Jul - Sep, 2024 215,639 12,790 12,560 9,518 32.0 5.9 Oct 30, 2024 J-GAAP
Oct - Dec, 2024 217,928 13,460 14,864 10,175 34.2 6.2 Jan 28, 2025 J-GAAP
YoY -2.6% -17.8% -11.6% -8.1% -8.1%

Related Articles