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Nitta Gelatin Inc., First Half Ordinary Profit Revised Upward to an Unexpected 9% Increase

Tue Nov 5, 2024 3:10 pm JST Revision

4977 Nitta Gelatin Inc. 【J-GAAP】

Guidance Update Report

Nitta Gelatin Inc. <4977> [TSE-S] announced a performance revision in the afternoon session on November 5th (15:10). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has been revised upward by 26.7%, from the previous forecast of 1.5 billion yen to 1.9 billion yen (compared to 1.73 billion yen in the same period of the previous year), turning to a 9.3% increase in the consolidated ordinary profit outlook.

Furthermore, the full-year ordinary profit forecast remains unchanged from the estimate of 3 billion yen(compared to 2.38 billion yen in the previous period).

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Guidance Update

First Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 Prev 19,500 1,500 1,500 800 44.0 9 May 15, 2024 J-GAAP
Apr - Sep, 2024 New 19,700 2,100 1,900 800 44.0 9 Nov 5, 2024 J-GAAP
Revision Rate +1.0% +40.0% +26.7% 0.0% 0.0%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2023 19,711 1,344 1,739 690 38.1 8 Nov 13, 2023 J-GAAP
Apr - Sep, 2024 Guidance 19,700 2,100 1,900 800 44.0 9 Nov 5, 2024 J-GAAP
YoY -0.1% +56.3% +9.3% +15.9% +15.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 39,186 2,259 2,248 1,558 86.0 16 May 12, 2023 J-GAAP
Mar, 2024 40,420 1,836 2,382 -1,850 -102.0 16 May 15, 2024 J-GAAP
Mar, 2025 Guidance 39,000 3,000 3,000 1,600 88.1 18 May 15, 2024 J-GAAP
YoY -3.5% +63.4% +25.9%

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