kabutan

NAC CO .,LTD., First Half Ordinary Profit Increases by 10%

Mon Nov 11, 2024 3:30 pm JST Earnings

9788 NAC CO .,LTD. 【J-GAAP】

Earnings Report

NAC CO .,LTD. <9788> [TSE-P] announced its financial results after the market closed on November 11th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 9.6% from the same period last year, reaching 755 million yen. However, The progress rate against the 4 billion yen full-year plan was 18.9%, also falling below the five-year average of 27.3%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to expand by 90.8% from the same period last year, reaching 3.24 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit amounted to 852 million yen, an increase of 0.7% compared to the same period last year. The operating profit margin remained almost flat, changing from 5.6% in the same period last year to 5.7%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2022 26,097 552 566 254 5.7 17.5 Nov 8, 2022 J-GAAP
Apr - Sep, 2023 25,828 609 689 280 6.5 28.8 Nov 8, 2023 J-GAAP
Apr - Sep, 2024 27,836 763 755 107 2.5 18.9 Nov 11, 2024 J-GAAP
YoY +7.8% +25.3% +9.6% -61.8% -61.2%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 Guidance 27,800 750 750 100 2.3 5 Nov 8, 2024 J-GAAP
Apr - Sep, 2024 Results 27,836 763 755 107 2.5 5 Nov 11, 2024 J-GAAP
Revision Rate +0.1% +1.7% +0.7% +7.0% +8.2%

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 28,605 1,689 1,701 1,156 26.7 16 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 37,664 3,237 3,245 2,443 58.5 17 Nov 11, 2024 J-GAAP
YoY +31.7% +91.7% +90.8% +111.3% +118.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 57,068 3,232 3,243 2,002 44.6 20 May 15, 2023 J-GAAP
Mar, 2024 54,433 2,298 2,390 1,436 33.2 21 May 15, 2024 J-GAAP
Mar, 2025 Guidance 65,500 4,000 4,000 2,550 61.1 22 May 15, 2024 J-GAAP
YoY +20.3% +74.1% +67.4% +77.6% +83.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 13,887 771 846 524 12.1 5.6 Nov 8, 2023 J-GAAP
Oct - Dec, 2023 13,907 866 857 544 12.6 6.2 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 14,698 823 844 612 14.2 5.6 May 15, 2024 J-GAAP
Apr - Jun, 2024 12,634 -98 -97 -205 -4.8 -0.8 Aug 6, 2024 J-GAAP
Jul - Sep, 2024 15,202 861 852 312 7.3 5.7 Nov 11, 2024 J-GAAP
YoY +9.5% +11.7% +0.7% -40.5% -39.5%

Related Articles