Nisshinbo Holdings Full Year 2024 Earnings: Misses Expectations

Nisshinbo Holdings (TSE:3105) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥494.7b (down 8.6% from FY 2023).
• Net income: JP¥10.3b (up from JP¥20.0b loss in FY 2023).
• Profit margin: 2.1% (up from net loss in FY 2023). The move to profitability was driven by lower expenses.
• EPS: JP¥65.40 (up from JP¥128 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Nisshinbo Holdings Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) also missed analyst estimates by 47%.

Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Industrials industry in Japan.

Performance of the Japanese Industrials industry.

The company's shares are up 4.3% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Nisshinbo Holdings that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.