NIKKO, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 92%

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Thu Feb 13, 2025 3:30 pm JST Earnings

6306 NIKKO CO.,LTD. 【J-GAAP】

Earnings Report

NIKKO CO.,LTD. <6306> [TSE Prime] announced its financial results after the market closed on February 13th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) expanded 1.87 billion yen, an increase 91.9% compared to the same period last year. The progress rate toward the full-year plan of 2.9 billion yen was 64.5%, exceeding the five-year average of 49.0%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to decrease 12.0% from the same period last year to 1.02 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 0.4 billion yen, a 22.5% decrease compared to the same period last year. The operating profit margin worsened from 4.2% in the same period last year to 2.6%.

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	27,129	367	529	224	5.9	42.2	Feb 10, 2023	J-GAAP
Apr - Dec, 2023	27,619	718	975	594	15.5	45.5	Feb 13, 2024	J-GAAP
Apr - Dec, 2024	33,070	1,547	1,871	1,144	29.8	64.5	Feb 13, 2025	J-GAAP
YoY	+19.7%	+115.5%	+91.9%	+92.6%	+91.9%

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	27,115	1,699	1,689	964	25.2	15	May 15, 2024	J-GAAP
Oct - Mar, 2024 Guidance	25,366	1,420	1,432	1,119	29.1	17	Nov 13, 2024	J-GAAP
YoY	-6.5%	-16.4%	-15.2%	+16.1%	+15.5%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	39,665	1,028	1,255	1,020	26.7	30	May 15, 2023	J-GAAP
Mar, 2024	44,097	1,968	2,144	1,312	34.3	30	May 15, 2024	J-GAAP
Mar, 2025 Guidance	48,000	2,700	2,900	2,000	52.0	32	Nov 13, 2024	J-GAAP
YoY	+8.9%	+37.2%	+35.3%	+52.4%	+51.7%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	10,637	449	520	246	6.4	4.2	Feb 13, 2024	J-GAAP
Jan - Mar, 2024	16,478	1,250	1,169	718	18.7	7.6	May 15, 2024	J-GAAP
Apr - Jun, 2024	9,849	462	625	337	8.8	4.7	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	12,785	818	843	544	14.2	6.4	Nov 13, 2024	J-GAAP
Oct - Dec, 2024	10,436	267	403	263	6.9	2.6	Feb 13, 2025	J-GAAP
YoY	-1.9%	-40.5%	-22.5%	+6.9%	+6.5%