NIPPON PARKING DEVELOPMENT, August-October (1Q) Ordinary Profit Increases by 16%

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Fri Dec 6, 2024 3:30 pm JST Earnings

2353 NIPPON PARKING DEVELOPMENT Co.,Ltd. 【J-GAAP】

Earnings Report

NIPPON PARKING DEVELOPMENT Co.,Ltd. <2353> [TSE Prime] announced its financial results after the market closed on December 6th (15:30). The consolidated ordinary profit for the first quarter of the fiscal year ending July 2025 (August to October) increased 16.5% from the same period last year, reaching 1.97 billion yen. The progress rate against the 3.7 billion yen plan for the six months ending January (first half) was 53.3%, almost the same as the five-year average of 54.4%.

In the most recent three-month period, from August to October (1Q), the operating profit margin rose from 21.9% in the same period last year to 22.4%.

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Actual Results

Accumulated Results 1st Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Aug - Oct, 2022	9,314	2,220	2,239	1,818	5.7	63.2	Dec 9, 2022	J-GAAP
Aug - Oct, 2023	7,691	1,686	1,692	1,389	4.4	52.0	Dec 8, 2023	J-GAAP
Aug - Oct, 2024	8,776	1,963	1,971	1,384	4.4	53.3	Dec 6, 2024	J-GAAP
YoY	+14.1%	+16.4%	+16.5%	-0.4%	-0.7%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Aug - Jan, 2023	15,955	3,276	3,255	2,307	7.3	0	Mar 8, 2024	J-GAAP
Aug - Jan, 2024 Guidance	18,500	3,700	3,700	2,500	7.8	0	Sep 6, 2024	J-GAAP
YoY	+16.0%	+12.9%	+13.7%	+8.4%	+7.6%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul, 2023	31,855	6,201	6,221	4,408	13.8	5.25	Sep 8, 2023	J-GAAP
Jul, 2024	32,693	6,461	6,511	5,104	16.1	5.50	Sep 6, 2024	J-GAAP
Jul, 2025 Guidance	36,400	7,000	7,000	4,700	14.7	7	Sep 6, 2024	J-GAAP
YoY	+11.3%	+8.3%	+7.5%	-7.9%	-8.6%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Aug - Oct, 2023	7,691	1,686	1,692	1,389	4.4	21.9	Dec 8, 2023	J-GAAP
Nov - Jan, 2023	8,264	1,590	1,563	918	2.9	19.2	Mar 8, 2024	J-GAAP
Feb - Apr, 2024	9,143	2,102	2,187	1,188	3.8	23.0	Jun 7, 2024	J-GAAP
May - Jul, 2024	7,595	1,083	1,069	1,609	5.1	14.3	Sep 6, 2024	J-GAAP
Aug - Oct, 2024	8,776	1,963	1,971	1,384	4.4	22.4	Dec 6, 2024	J-GAAP
YoY	+14.1%	+16.4%	+16.5%	-0.4%	-0.7%