Nippon Concept Full Year 2024 Earnings: EPS Misses Expectations

Nippon Concept (TSE:9386) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥18.2b (up 5.4% from FY 2023).
• Net income: JP¥1.93b (down 21% from FY 2023).
• Profit margin: 11% (down from 14% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: JP¥139 (down from JP¥175 in FY 2023).

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

Nippon Concept EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.0%.

Looking ahead, revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 2.1% decline forecast for the Shipping industry in Asia.

Performance of the market in Japan.

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

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Nippon Concept's balance sheet health.

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