NittoBest Past Earnings Performance
Past criteria checks 0/6
NittoBest's earnings have been declining at an average annual rate of -12.2%, while the Food industry saw earnings growing at 8.4% annually. Revenues have been growing at an average rate of 0.8% per year. NittoBest's return on equity is 2.1%, and it has net margins of 0.5%.
Key information
-12.2%
Earnings growth rate
-12.2%
EPS growth rate
| Food Industry Growth | 4.1% |
| Revenue growth rate | 0.8% |
| Return on equity | 2.1% |
| Net Margin | 0.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
NittoBest's (TSE:2877) Anemic Earnings Might Be Worse Than You Think
Nov 19
NittoBest's (TSE:2877) Solid Profits Have Weak Fundamentals
May 21Recent updates
NittoBest's (TSE:2877) Anemic Earnings Might Be Worse Than You Think
Nov 19NittoBest (TSE:2877) Is Due To Pay A Dividend Of ¥12.00
Nov 14NittoBest's (TSE:2877) Solid Profits Have Weak Fundamentals
May 21NittoBest (TSE:2877) Will Pay A Dividend Of ¥12.00
Mar 02NittoBest (TYO:2877) May Have Issues Allocating Its Capital
May 06NittoBest Corporation's (TYO:2877) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Apr 15NittoBest (TYO:2877) Has A Somewhat Strained Balance Sheet
Mar 11What Type Of Returns Would NittoBest's(TYO:2877) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Feb 16
Returns On Capital - An Important Metric For NittoBest (TYO:2877)
Jan 26Here's Why NittoBest's (TYO:2877) Statutory Earnings Are Arguably Too Conservative
Jan 05How Does NittoBest Corporation (TYO:2877) Fare As A Dividend Stock?
Dec 15NittoBest (TYO:2877) Seems To Be Using A Lot Of Debt
Nov 24Revenue & Expenses Breakdown
How NittoBest makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 54,885 | 287 | 8,601 | 0 |
| 30 Jun 24 | 54,455 | 312 | 8,558 | 0 |
| 31 Mar 24 | 54,271 | 411 | 8,479 | 0 |
| 31 Dec 23 | 53,974 | 374 | 8,481 | 0 |
| 30 Sep 23 | 53,638 | 566 | 8,367 | 0 |
| 30 Jun 23 | 52,938 | 370 | 8,369 | 0 |
| 31 Mar 23 | 51,878 | 243 | 8,337 | 0 |
| 31 Dec 22 | 51,156 | 314 | 8,281 | 0 |
| 30 Sep 22 | 50,463 | 181 | 8,308 | 0 |
| 30 Jun 22 | 49,885 | 395 | 8,209 | 0 |
| 31 Mar 22 | 49,746 | 607 | 8,147 | 0 |
| 31 Dec 21 | 49,571 | 682 | 8,374 | 0 |
| 30 Sep 21 | 49,836 | 806 | 8,658 | 0 |
| 30 Jun 21 | 50,040 | 853 | 8,938 | 0 |
| 31 Mar 21 | 48,897 | 700 | 8,960 | 0 |
| 31 Dec 20 | 49,387 | 657 | 9,102 | 0 |
| 30 Sep 20 | 50,807 | 141 | 9,314 | 0 |
| 30 Jun 20 | 51,985 | 250 | 9,442 | 0 |
| 31 Mar 20 | 54,261 | 452 | 9,852 | 0 |
| 31 Dec 19 | 54,296 | 472 | 9,801 | 0 |
| 30 Sep 19 | 53,592 | 930 | 9,670 | 0 |
| 30 Jun 19 | 52,984 | 828 | 9,599 | 0 |
| 31 Mar 19 | 52,449 | 720 | 9,463 | 0 |
| 31 Dec 18 | 51,918 | 642 | 9,407 | 0 |
| 30 Sep 18 | 51,801 | 701 | 9,330 | 0 |
| 30 Jun 18 | 52,094 | 849 | 9,333 | 0 |
| 31 Mar 18 | 52,253 | 1,003 | 9,354 | 0 |
| 31 Dec 17 | 52,275 | 1,052 | 9,419 | 0 |
| 30 Sep 17 | 51,658 | 1,117 | 9,343 | 0 |
| 30 Jun 17 | 51,272 | 1,133 | 9,225 | 0 |
| 31 Mar 17 | 51,354 | 1,159 | 9,145 | 0 |
| 31 Dec 16 | 51,922 | 1,047 | 9,074 | 0 |
| 30 Sep 16 | 52,602 | 943 | 9,090 | 0 |
| 30 Jun 16 | 53,174 | 823 | 9,116 | 0 |
| 31 Mar 16 | 53,480 | 761 | 9,076 | 0 |
| 31 Dec 15 | 53,293 | 772 | 8,980 | 0 |
| 30 Sep 15 | 53,003 | 504 | 8,899 | 0 |
| 30 Jun 15 | 52,419 | 384 | 8,851 | 0 |
| 31 Mar 15 | 51,608 | 187 | 8,776 | 0 |
| 31 Dec 14 | 51,117 | 234 | 8,623 | 0 |
| 30 Sep 14 | 50,443 | 288 | 8,576 | 0 |
| 30 Jun 14 | 49,848 | 232 | 8,469 | 0 |
| 31 Mar 14 | 49,251 | 158 | 8,427 | 0 |
| 31 Dec 13 | 48,560 | 55 | 8,434 | 0 |
Quality Earnings: 2877 has a large one-off gain of ¥83.0M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 2877's current net profit margins (0.5%) are lower than last year (1.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2877's earnings have declined by 12.2% per year over the past 5 years.
Accelerating Growth: 2877's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2877 had negative earnings growth (-49.3%) over the past year, making it difficult to compare to the Food industry average (20.3%).
Return on Equity
High ROE: 2877's Return on Equity (2.1%) is considered low.