Nichicon Corporation TSE:6996

Nichicon : 2024 Financial Report Q2 2024

Published

Source: MarketScreener

(% indicates year-on-yearchange)

Financial Results (Japanese GAAP, Consolidated)

For the Six Months Ended September 30, 2024 (Q2 FY2024)

November 6, 2024

Name of Listed Company: NICHICON CORPORATION

Stock Exchange Listing: Tokyo

Code Number: 6996

URL https://www.nichicon.co.jp

Representative: Katsuhiko Mori

Title: President and Representative Director

Contact Person: Mikito Yokoba

Title: General Manager, Corporate Communications & Investor Relations Div.

Phone: +81-75-231-8461

Scheduled date for filling of securities report: November 13, 2024

Scheduled date of dividend payment: December 6, 2024

Supplementary materials available on financial results: Yes

Financial results briefing: Yes (For securities analysts and investors)

Note: Figures have been rounded down to the nearest million yen.

1. Consolidated business performance for the six months ended September 30, 2024 (April 1, 2024 to September 30, 2024)

(1) Consolidated business performance

Net income

Net sales

Operating income

Ordinary income

attributable to

owners of the parent

Six months ended

¥ million

%

¥ million

%

¥ million

%

¥ million

%

September 30, 2024

84,507

(8.7)

1,757

(69.1)

3,102

(59.2)

4,061

(32.9)

September 30, 2023

92,555

5.6

5,689

(4.3)

7,608

(11.4)

6,052

116.2

(Note) Comprehensive income: ¥3,113 million (-73.7%) for the six months ended September 30, 2024 ¥11,846 million (131.1%) for the six months ended September 30, 2023

Net income

Fully diluted net

per share

income per share

Six months ended

¥

¥

September 30, 2024

59.36

53.58

September 30, 2023

88.47

79.96

(2) Consolidated financial position

Total assets

Net assets

Shareholders' equity ratio

¥ million

¥ million

%

As of September 30, 2024

200,635

115,650

56.1

As of March 31, 2024

206,937

113,839

53.6

(Reference) Shareholders' equity: ¥112,533 million as of September 30, 2024

¥110,900 million as of March 31, 2024

2. Dividends

Annual dividends per share

1st quarter

2nd quarter

3rd quarter

Year-end

Annual

¥

¥

¥

¥

¥

Apr. 2023 - Mar. 2024

-

16.00

-

17.00

33.00

Apr. 2024 - Mar. 2025

-

17.00

Apr. 2024 - Mar. 2025

-

17.00

34.00

(Forecast)

(Note) Revisions to dividend forecasts published most recently: No

3. Forecast for consolidated business performance for the year ending March 31, 2025 (April 1, 2024 to March 31, 2025)

(% indicates year-on-year change)

Net income

Net income

Net sales

Operating income

Ordinary income

attributable to

per share

owners of the parent

¥ million

%

¥ million

%

¥ million

%

¥ million

%

¥

Full year

176,000

(3.1)

5,200

(41.6)

7,000

(38.6)

6,100

(26.1)

89.16

(Note) Revisions to business performance forecasts published most recently: Yes