Noritsu Koki Third Quarter 2024 Earnings: EPS: JP¥40.45 (vs JP¥94.92 in 3Q 2023)

Noritsu Koki (TSE:7744) Third Quarter 2024 Results

Key Financial Results

• Revenue: JP¥25.7b (up 5.6% from 3Q 2023).
• Net income: JP¥1.44b (down 57% from 3Q 2023).
• Profit margin: 5.6% (down from 14% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: JP¥40.45 (down from JP¥94.92 in 3Q 2023).

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

Noritsu Koki Earnings Insights

Looking ahead, revenue is forecast to grow 4.0% 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 1.9% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Noritsu Koki (of which 1 shouldn't be ignored!) you should know about.

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