Nichicon Corporation TSE:6996

Nichicon : August 6, 2024 Financial Report Q1 2024

Published

Source: MarketScreener

(% indicatesyear-on-yearchange)

Financial Results (Japanese GAAP, Consolidated)

For the Three Months Ended June 30, 2024 (Q1 FY2024)

August 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 of dividend payment: -

Supplementary materials available on financial results: No

Financial results briefing: No

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

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

(1) Consolidated business performance

Net income

Net sales

Operating income

Ordinary income

attributable to

owners of the parent

Three months ended

¥ million

%

¥ million

%

¥ million

%

¥ million

%

June 30, 2024

41,150

(8.4)

151

(93.4)

1,443

(58.8)

1,728

(49.3)

June 30, 2023

44,910

9.5

2,284

(9.7)

3,504

(13.3)

3,409

(5.0)

(Note) Comprehensive income: ¥5,095 million (-36.9%) for the three months ended June 30, 2024

¥8,079 million (54.3%) for the three months ended June 30, 2023

Net income

Fully diluted net

per share

income per share

Three months ended

¥

¥

June 30, 2024

25.27

22.80

June 30, 2023

49.84

45.06

(2) Consolidated financial position

Total assets

Net assets

Shareholders'

Net assets

equity ratio

per share

¥ million

¥ million

%

¥

As of June 30, 2024

209,557

117,652

54.7

1,675.86

As of March 31, 2024

206,937

113,839

53.6

1,620.98

(Reference) Shareholders' equity: ¥114,654 million as of June 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

-

Apr. 2024 - Mar. 2025

17.00

-

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

185,000

1.8

10,000

12.3

11,000

(3.6)

8,300

0.6

121.32

(Note) Revisions to business performance forecasts published most recently: No