NIHON SHOKUHIN KAKO, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 39%, Exceeds Full-Year Plan

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 Jan 31, 2025 12:30 pm JST Earnings

2892 NIHON SHOKUHIN KAKO CO., LTD. 【J-GAAP】

Earnings Report

NIHON SHOKUHIN KAKO CO., LTD. <2892> [TSE Std] announced its financial results at noon (12:30) on January 31st. The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) dropped 39.0% from the previous period non-consolidated to 1.95 billion yen. The progress rate toward the full-year plan of 1.7 billion yen is 115.2%, already exceeding the target and also exceeding the five-year average of 92.2%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary loss for the January to March period (4Q) is expected to expand to a loss of 0.25 billion yen (compared to a loss of 0.2 billion yen in the previous period non-consolidated).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit significantly dropped to 0.09 billion yen, a 53.3% decrease compared to the same period last year. The operating profit/loss margin drastically worsened from 2.8% in the same period last year to -0.7%.

Note: Since the current fiscal year, the company has transitioned to consolidated financial statements.

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	47,978	3,088	2,939	2,294	466.5	88.0	Jan 31, 2023	J-GAAP
Apr - Dec, 2023	51,916	2,664	3,210	2,477	503.8	106.7	Jan 31, 2024	J-GAAP
Apr - Dec, 2024	48,018	1,418	1,959	1,383	281.4	115.2	Jan 31, 2025	J-GAAP
YoY	-7.5%	-46.8%	-39.0%	-44.2%	-44.1%

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	30,553	346	-7	-143	-29.1	100	Apr 30, 2024	J-GAAP
Oct - Mar, 2024 Guidance	29,339	-219	-168	-29	-5.9	40	Oct 31, 2024	J-GAAP
YoY	-4.0%	－	-2,300.0%	+79.7%	+79.7%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	64,612	3,540	3,341	2,605	529.8	180	Apr 28, 2023	J-GAAP
Mar, 2024	66,676	2,563	3,008	2,434	495.0	200	Apr 30, 2024	J-GAAP
Mar, 2025 Guidance	62,500	1,300	1,700	1,300	264.3	80	Apr 30, 2024	J-GAAP
YoY	-6.3%	-49.3%	-43.5%	-46.6%	-46.6%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	15,793	447	195	-100	-20.3	2.8	Jan 31, 2024	J-GAAP
Jan - Mar, 2024	14,760	-101	-202	-43	-8.7	-0.7	Apr 30, 2024	J-GAAP
Apr - Jun, 2024	16,599	641	816	570	116.1	3.9	Jul 31, 2024	J-GAAP
Jul - Sep, 2024	16,562	878	1,052	759	154.4	5.3	Oct 31, 2024	J-GAAP
Oct - Dec, 2024	14,857	-101	91	54	11.0	-0.7	Jan 31, 2025	J-GAAP
YoY	-5.9%	－	-53.3%	－	－