Nippon Shokubai Full Year 2024 Earnings: In Line With Expectations

Nippon Shokubai (TSE:4114) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥392.0b (down 6.6% from FY 2023).
• Net income: JP¥11.0b (down 43% from FY 2023).
• Profit margin: 2.8% (down from 4.6% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: JP¥282.

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

Nippon Shokubai Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

Looking ahead, revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Chemicals industry in Japan.

Performance of the Japanese Chemicals industry.

The company's shares are up 2.5% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Nippon Shokubai that you need to take into consideration.

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