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NIPPON CHEMI-CON, The Current Fiscal Year Ordinary Profit Revised Downward by 61%, Decides to Continue No Dividend Policy

Mon Mar 10, 2025 3:30 pm JST Revision

6997 NIPPON CHEMI-CON CORPORATION 【J-GAAP】

Guidance Update Report

NIPPON CHEMI-CON CORPORATION <6997> [TSE Prime] announced a revision to its performance and dividend after the market closed on March 10th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 has decreased 61.0%, from the previous forecast of 5.9 billion yen to 2.3 billion yen (compared to 7.91 billion yen in the previous period), leading to an increase in the profit decline rate from 25.4% to 70.9%.

Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (2H) consolidated ordinary profit has decreased 64.3%, from the previous forecast of 5.6 billion yen to 2 billion yen (compared to 2.59 billion yen in the same period of the previous year). This changes the outlook from an anticipated profit increase to a projection of a 22.8% decrease in profit.

At the same time, the company has decided to forego the year-end lump-sum dividend for the current fiscal year, which had previously been undecided (compared to no dividend in the prior term), and the policy has been set to continue with no dividends.

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Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 Prev 73,086 5,350 5,602 3,922 183.9 Nov 5, 2024 J-GAAP
Oct - Mar, 2024 New 65,086 2,150 2,002 522 24.5 0 Mar 10, 2025 J-GAAP
Revision Rate -10.9% -59.8% -64.3% -86.7% -86.7%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 133,000 7,200 5,900 4,000 187.5 Nov 5, 2024 J-GAAP
Mar, 2025 New 125,000 4,000 2,300 600 28.1 0 Mar 10, 2025 J-GAAP
Revision Rate -6.0% -44.4% -61.0% -85.0% -85.0%

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 70,399 4,299 2,593 1,490 72.0 0 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 65,086 2,150 2,002 522 24.5 0 Mar 10, 2025 J-GAAP
YoY -7.5% -50.0% -22.8% -65.0% -66.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 161,881 12,939 10,994 2,273 112.1 0 May 10, 2023 J-GAAP
Mar, 2024 150,740 9,422 7,913 -21,291 -1,029.2 0 May 10, 2024 J-GAAP
Mar, 2025 Guidance 125,000 4,000 2,300 600 28.1 0 Mar 10, 2025 J-GAAP
YoY -17.1% -57.5% -70.9%

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