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NIKKISO, First Half Net Income Decreases by 17%, Apr-Jun Net Income Decreases by 15%
6376 NIKKISO CO.,LTD. 【IFRS】
Earnings ReportNIKKISO CO.,LTD. <6376> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on August 14th (15:00). The consolidated net income for the cumulative second quarter of the fiscal year ending December 2025 (January to June) decreased 17.2% from the same period last year to 4.92 billion yen. Progress toward the full-year plan of 11.3 billion yen was 43.6%, almost the same as the three-year average of 43.8%.
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 July to December period (second half) is expected to surge 3.2 times that of the same period last year, reaching 6.37 billion yen.
In the most recent three-month period, from April to June (2Q), the consolidated net income decreased to 2.66 billion yen, a 14.7% decrease compared to the same period last year. However, the operating profit margin improved from 2.6% in the same period last year to 5.6%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2023 | 87,219 | 26 | 5,444 | 3,873 | 58.5 | 46.8 | Aug 14, 2023 | IFRS |
| Jan - Jun, 2024 | 102,676 | 2,736 | 7,105 | 5,952 | 89.9 | 71.0 | Aug 14, 2024 | IFRS |
| Jan - Jun, 2025 | 100,317 | 5,867 | 4,845 | 4,929 | 74.4 | 33.0 | Aug 14, 2025 | IFRS |
| YoY | -2.3% | +114.4% | -31.8% | -17.2% | -17.3% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 Guidance | 109,000 | 4,800 | 5,300 | 4,200 | 63.4 | 18 | Feb 14, 2025 | IFRS |
| Jan - Jun, 2025 Results | 100,317 | 5,867 | 4,845 | 4,929 | 74.4 | 18 | Aug 14, 2025 | IFRS |
| Revision Rate | -8.0% | +22.2% | -8.6% | +17.4% | +17.4% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2024 | 110,703 | 3,662 | 2,905 | 2,005 | 30.3 | 15 | Feb 14, 2025 | IFRS |
| Jul - Dec, 2025 Guidance | 130,183 | 8,133 | 9,855 | 6,371 | 96.1 | 18 | Aug 14, 2025 | IFRS |
| YoY | +17.6% | +122.1% | +239.2% | +217.8% | +217.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 192,629 | 5,885 | 11,626 | 9,071 | 137.1 | 27.50 | Feb 14, 2024 | IFRS |
| Dec, 2024 | 213,379 | 6,398 | 10,010 | 7,957 | 120.2 | 30 | Feb 14, 2025 | IFRS |
| Dec, 2025 Guidance | 230,500 | 14,000 | 14,700 | 11,300 | 170.5 | 36 | Feb 14, 2025 | IFRS |
| YoY | +8.0% | +118.8% | +46.9% | +42.0% | +41.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2024 | 54,425 | 1,438 | 3,790 | 3,126 | 47.2 | 2.6 | Aug 14, 2024 | IFRS |
| Jul - Sep, 2024 | 49,032 | 1,003 | -2,483 | -1,764 | -26.7 | 2.0 | Nov 14, 2024 | IFRS |
| Oct - Dec, 2024 | 61,671 | 2,659 | 5,388 | 3,769 | 56.9 | 4.3 | Feb 14, 2025 | IFRS |
| Jan - Mar, 2025 | 48,314 | 2,953 | 1,822 | 2,264 | 34.2 | 6.1 | May 15, 2025 | IFRS |
| Apr - Jun, 2025 | 52,003 | 2,914 | 3,023 | 2,665 | 40.2 | 5.6 | Aug 14, 2025 | IFRS |
| YoY | -4.5% | +102.6% | -20.2% | -14.7% | -14.8% |
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