Nichicon : Financial Results for the Term Ended March 31, 2024

Published May 15, 2024 at 11:58 a.m. UTC

Source: MarketScreener

(% indicatesyear-on-yearchange)

Financial Results for the Term Ended March 31, 2024

(Japanese GAAP, Consolidated)

		May 9, 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 Ordinary General Meeting of Shareholders: June 27, 2024

Scheduled date of dividend payment: June 28, 2024

Scheduled date for filling of securities report: June 27, 2024

Supplementary materials available on financial results: Yes

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

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

1. Consolidated business performance for the year ended March 31, 2024 (April 1, 2023 to March 31, 2024)

(1) Consolidated business performance

													Net income
		Net sales			Operating income	Ordinary income		attributable to
												owners of the parent

	For the year ended	¥ million		%	¥ million		%	¥ million	%	¥ million		%
	March 31, 2024	181,643		(1.7)	8,904		(29.8)	11,407	(25.3)		8,253		5.6
	March 31, 2023	184,725		29.9	12,676		97.2	15,263	77.6		7,814		(1.1)

	(Note) Comprehensive income: ¥14,767 million (69.7%) for the year ended March 31, 2024
		¥8,702 million (20.7%) for the year ended March 31, 2023

		Net income		Fully diluted net		Return on equity	Ordinary income -	Operating income
		per share		income per share				total assets ratio	- sales ratio

	For the year ended	¥			¥				%			%		%
	March 31, 2024	120.64				108.98			7.9		5.7		4.9
	March 31, 2023	114.22				103.21			8.2		8.4		6.9

	(Reference) Share of profit of entities accounted for using equity method: ¥177 million for the year ended March 31, 2024
								¥64 million for the year ended March 31, 2023
(2) Consolidated financial position
		Total assets			Net assets	Shareholders'		Net assets
				equity ratio		per share


		¥ million			¥ million				%	¥
	As of March 31, 2024	206,937			113,839	53.6		1,620.98
	As of March 31, 2023	192,339			101,354	51.4		1,444.66

	(Reference) Shareholders' equity: ¥110,900 million as of March 31, 2024
		¥98,838 million as of March 31, 2023
(3) Consolidated cash flows
													Outstanding
		Cash flows from	Cash flows from	Cash flows from	balance of cash and
		operating activities	investing activities	financing activities	cash equivalents as
												of the end of term

	For the year ended	¥ million			¥ million		¥ million		¥ million
	March 31, 2024	16,321			(12,734)	(571)			29,387
	March 31, 2023	9,186			(8,121)		5,435			25,068

2. Dividends

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)