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NAKAYAMA STEEL WORKS, 14% Decrease in Ordinary Profit for The Current Fiscal Year, Dividend to Cut by 16 yen

Fri May 9, 2025 1:30 pm JST Earnings

5408 NAKAYAMA STEEL WORKS, LTD. 【J-GAAP】

Earnings Report

NAKAYAMA STEEL WORKS, LTD. <5408> [TSE Prime] announced its financial results in the afternoon session on May 9th (13:30). The consolidated ordinary profit for the fiscal year ending March 2025 dropped 33.7% from the previous period to 8.11 billion yen. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to decrease by 13.8% from the previous period to 7 billion yen. This will be the third consecutive term of declining profits.

At the same time, the company has decided to reduce the dividend this fiscal year to 24 yen, a decrease of 16 yen from the previous fiscal year.

In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit dropped to 1.51 billion yen, a 46.5% decrease compared to the same period last year. The operating profit margin worsened from 6.1% in the same period last year to 4.4%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 188,514 13,644 13,371 10,227 188.9 55 May 9, 2023 J-GAAP
Mar, 2024 184,445 12,327 12,244 8,904 164.4 50 May 8, 2024 J-GAAP
Mar, 2025 169,329 8,436 8,119 5,695 105.1 40 May 9, 2025 J-GAAP
YoY -8.2% -31.6% -33.7% -36.0% -36.1%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Guidance 172,000 8,100 7,500 5,500 101.5 40 Nov 6, 2024 J-GAAP
Mar, 2025 Results 169,329 8,436 8,119 5,695 105.1 40 May 9, 2025 J-GAAP
Revision Rate -1.6% +4.1% +8.3% +3.5% +3.6%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 89,533 4,783 4,699 3,215 59.4 18 Nov 6, 2024 J-GAAP
Apr - Sep, 2025 Guidance 76,500 2,900 2,700 1,500 27.7 8 May 9, 2025 J-GAAP
YoY -14.6% -39.4% -42.5% -53.3% -53.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 184,445 12,327 12,244 8,904 164.4 50 May 8, 2024 J-GAAP
Mar, 2025 169,329 8,436 8,119 5,695 105.1 40 May 9, 2025 J-GAAP
Mar, 2026 Guidance 157,500 7,300 7,000 4,200 77.5 24 May 9, 2025 J-GAAP
YoY -7.0% -13.5% -13.8% -26.3% -26.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2024 46,210 2,829 2,826 2,382 44.0 6.1 May 8, 2024 J-GAAP
Apr - Jun, 2024 47,682 2,593 2,568 1,699 31.4 5.4 Aug 6, 2024 J-GAAP
Jul - Sep, 2024 41,851 2,190 2,131 1,516 28.0 5.2 Nov 6, 2024 J-GAAP
Oct - Dec, 2024 40,123 1,923 1,908 1,313 24.2 4.8 Feb 6, 2025 J-GAAP
Jan - Mar, 2025 39,673 1,730 1,512 1,167 21.5 4.4 May 9, 2025 J-GAAP
YoY -14.1% -38.8% -46.5% -51.0% -51.0%

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