Nippon Carbon Full Year 2024 Earnings: Misses Expectations

Nippon Carbon (TSE:5302) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥38.0b (flat on FY 2023).
• Net income: JP¥4.08b (flat on FY 2023).
• Profit margin: 11% (in line with FY 2023).
• EPS: JP¥369 (up from JP¥367 in FY 2023).

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

Nippon Carbon Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 2.9%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Electrical industry in Japan.

Performance of the Japanese Electrical industry.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Nippon Carbon's balance sheet health.

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