NIPPON PARKING DEVELOPMENT, The Current Fiscal Year Ordinary Profit Revised Upward by 3%, Raises Record High Profit Forecast, Dividend Revised Upward by 1 yen

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Fri Mar 7, 2025 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 March 7th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending July 2025 (August 2024 to January 2025) expanded 4.23 billion yen, an increase 30.2% compared to the same period last year.

In addition, the full-year consolidated ordinary profit has been revised upward 2.9%, from the previous forecast of 7 billion yen to 7.2 billion yen (compared to 6.51 billion yen in the previous period), increasing the growth rate from 7.5% to 10.6%, further surpassing the previous forecast of record-high profits for four consecutive terms.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the February to July period (2H) is expected to decrease 9.0% from the same period last year to 2.96 billion yen.

In light of the strong performance, the company has increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 7 yen to 8 yen (compared to 5.5 yen in the previous period).

In the most recent three-month period, from November to January (2Q), the consolidated ordinary profit increased 45.0% from the same period last year, reaching 2.26 billion yen. The operating profit margin rose from 19.2% in the same period last year to 22.9%.

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
Aug - Jan, 2022	16,697	3,553	3,545	2,554	8.0	57.0	Mar 3, 2023	J-GAAP
Aug - Jan, 2023	15,955	3,276	3,255	2,307	7.3	50.0	Mar 8, 2024	J-GAAP
Aug - Jan, 2024	18,413	4,167	4,237	2,571	8.1	58.8	Mar 7, 2025	J-GAAP
YoY	+15.4%	+27.2%	+30.2%	+11.4%	+10.9%

First Half Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Aug - Jan, 2024 Guidance	18,500	3,700	3,700	2,500	7.8	0	Sep 6, 2024	J-GAAP
Aug - Jan, 2024 Results	18,413	4,167	4,237	2,571	8.1	0	Mar 7, 2025	J-GAAP
Revision Rate	-0.5%	+12.6%	+14.5%	+2.8%	+3.1%

Guidance Update

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul, 2025 Prev	36,400	7,000	7,000	4,700	14.7	7	Sep 6, 2024	J-GAAP
Jul, 2025 New	36,650	7,200	7,200	4,700	14.7	8	Mar 7, 2025	J-GAAP
Revision Rate	+0.7%	+2.9%	+2.9%	0.0%	0.0%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb - Jul, 2024	16,738	3,185	3,256	2,797	8.8	5.50	Sep 6, 2024	J-GAAP
Feb - Jul, 2025 Guidance	18,237	3,033	2,963	2,129	6.7	8	Mar 7, 2025	J-GAAP
YoY	+9.0%	-4.8%	-9.0%	-23.9%	-24.5%

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	36,650	7,200	7,200	4,700	14.7	8	Mar 7, 2025	J-GAAP
YoY	+12.1%	+11.4%	+10.6%	-7.9%	-8.6%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
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
Nov - Jan, 2024	9,637	2,204	2,266	1,187	3.7	22.9	Mar 7, 2025	J-GAAP
YoY	+16.6%	+38.6%	+45.0%	+29.3%	+28.6%