kabutan

Nihon Enterprise, First Half Net Income Turns to Loss, Sep-Nov Net Income Decreases by 97%

Fri Jan 10, 2025 4:00 pm JST Earnings

4829 Nihon Enterprise Co.,Ltd. 【J-GAAP】

Earnings Report

Nihon Enterprise Co.,Ltd. <4829> [TSE Std] announced its financial results after the market closed on January 10th (16:00). The consolidated net income/loss for the cumulative second quarter of the fiscal year ending May 2025 (June to November) turned into a loss of 8 million yen (compared to a profit of 94 million yen in the same period last year).

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income for the December to May period (2H) is expected to expand 67.8% from the same period last year, reaching 193 million yen.

In the most recent three-month period, from September to November (2Q), the consolidated net income significantly dropped to 2 million yen, a 97.0% decrease compared to the same period last year. The operating profit margin drastically worsened from 6.4% in the same period last year to 1.0%.

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
Jun - Nov, 2022 2,108 99 106 53 1.4 55.8 Jan 13, 2023 J-GAAP
Jun - Nov, 2023 2,202 118 131 94 2.5 47.1 Jan 12, 2024 J-GAAP
Jun - Nov, 2024 2,154 12 27 -8 -0.2 9.0 Jan 10, 2025 J-GAAP
YoY -2.2% -89.8% -79.4% － －

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun - Nov, 2024 Guidance ー ー ー ー － 0 Jul 12, 2024 J-GAAP
Jun - Nov, 2024 Results 2,154 12 27 -8 -0.2 0 Jan 10, 2025 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
Dec - May, 2023 2,494 146 147 115 3.0 3 Jul 12, 2024 J-GAAP
Dec - May, 2024 Guidance 3,156 283 273 193 5.0 3 Jan 10, 2025 J-GAAP
YoY +26.5% +93.8% +85.7% +67.8% +67.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
May, 2023 4,210 180 190 103 2.7 2 Jul 14, 2023 J-GAAP
May, 2024 4,696 264 278 209 5.4 3 Jul 12, 2024 J-GAAP
May, 2025 Guidance 5,310 295 300 185 4.8 3 Jul 12, 2024 J-GAAP
YoY +13.1% +11.7% +7.9% -11.5% -11.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Sep - Nov, 2023 1,121 72 83 67 1.8 6.4 Jan 12, 2024 J-GAAP
Dec - Feb, 2023 1,243 78 79 66 1.7 6.3 Apr 5, 2024 J-GAAP
Mar - May, 2024 1,251 68 68 49 1.3 5.4 Jul 12, 2024 J-GAAP
Jun - Aug, 2024 1,069 1 8 -10 -0.3 0.1 Oct 4, 2024 J-GAAP
Sep - Nov, 2024 1,085 11 19 2 0.1 1.0 Jan 10, 2025 J-GAAP
YoY -3.2% -84.7% -77.1% -97.0% -97.1%

Related Articles