Nishio Holdings Co. Ltd. TSE:9699

Nishio : Consolidated Financial Results for the Nine Months Ended June 30, 2025

Published

Source: MarketScreener

DISCLAIMER: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

August 1, 2025

Consolidated Financial Results for the Nine Months Ended June 30, 2025 (Under Japanese GAAP)

Company name: NISHIO HOLDINGS CO., LTD.

Listing: Tokyo Stock Exchange

Securities code: 9699

URL: https://nishio-grp.co.jp/ Representative: MASASHI NISHIO, PRESIDENT

Inquiries: KAZUO YOTSUMOTO, DIRECTOR(In Charge Of Administrative Departments) Telephone: +81-6-6251-7302

Scheduled date to commence dividend payments: -

Preparation of supplementary material on financial results: Yes

Holding of financial results briefing: None

(Yen amounts are rounded down to millions, unless otherwise noted.)

  1. Consolidated financial results for the nine months ended June 30, 2025 (from October 1, 2024 to June 30, 2025)
    1. Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)

      Net sales

      Operating profit

      Ordinary profit

      Profit attributable to owners of parent

      Nine months ended

      Millions of yen

      %

      Millions of yen

      %

      Millions of yen

      %

      Millions of yen

      %

      June 30, 2025

      163,101

      9.8

      14,778

      6.3

      14,182

      5.1

      9,372

      1.9

      June 30, 2024

      148,535

      7.6

      13,903

      18.8

      13,495

      19.2

      9,200

      25.2

      Note: Comprehensive income For the nine months ended June 30, 2025:

      ¥8,048 million

      [(15.5)%]

      For the nine months ended June 30, 2024:

      ¥9,523 million

      [29.2%]

      Basic earnings per share

      Diluted earnings per share

      Nine months ended

      Yen

      Yen

      June 30, 2025

      337.59

      337.47

      June 30, 2024

      331.40

      331.29

    2. Consolidated financial position

    Total assets

    Net assets

    Equity-to-asset ratio

    As of

    Millions of yen

    Millions of yen

    %

    June 30, 2025

    300,983

    137,495

    45.0

    September 30, 2024

    290,682

    134,311

    45.5

    Reference: Equity

    As of June 30, 2025: ¥135,491 million

    As of September 30, 2024: ¥132,146 million

  2. Cash dividends

    Annual dividends per share

    First quarter-end

    Second quarter-end

    Third quarter-end

    Fiscal year-end

    Total

    Yen

    Yen

    Yen

    Yen

    Yen

    Fiscal year ended

    September 30, 2024

    -

    0.00

    -

    126.00

    126.00

    Fiscal year ending September 30, 2025

    -

    0.00

    -

    Fiscal year ending September 30, 2025 (Forecast)

    128.00

    128.00

    Note: Revisions to the forecast of cash dividends most recently announced: None

  3. Forecast of consolidated financial results for the fiscal year ending September 30, 2025 (from October 1, 2024 to September 30, 2025)

(Percentages indicate year-on-year changes.)

Net sales

Operating profit

Ordinary profit

Profit attributable to owners of parent

Basic earnings per share

Fiscal year ending September 30, 2025

Millions of yen

%

Millions of yen

%

Millions of yen

%

Millions of yen

%

Yen

208,000

4.5

18,550

2.8

17,800

2.3

11,800

1.7

425.04

Note: Revisions to the earnings forecasts most recently announced: None

* Notes

  1. Significant changes in the scope of consolidation during the period: None

  2. Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: None

  3. Changes in accounting policies, changes in accounting estimates, and restatement

    1. Changes in accounting policies due to revisions to accounting standards and other regulations: None

    2. Changes in accounting policies due to other reasons: None

    3. Changes in accounting estimates: None

    4. Restatement: None

  4. Number of issued shares (common shares)

    1. Total number of issued shares at the end of the period (including treasury shares)

      As of June 30, 2025

      28,391,464 shares

      As of September 30, 2024

      28,391,464 shares

    2. Number of treasury shares at the end of the period

      As of June 30, 2025

      628,918 shares

      As of September 30, 2024

      629,518 shares

    3. Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)

Nine months ended June 30, 2025

27,762,318 shares

Nine months ended June 30, 2024

27,761,677 shares

  • Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm:nothing

  • Proper use of earnings forecasts, and other special matters

Earnings forecasts are based on information available at the time of publication, contain risks and uncertainties, and are not intended to be a promise by the Company to achieve them. Therefore, please be aware that actual results may differ significantly from the stated amounts due to economic conditions, market trends, competitive conditions, and other factors surrounding the Group. For information on the assumptions on which earnings forecasts are based and precautions for using earnings forecasts, see "1. Summary of Operating Results, etc. (3) Explanation of Forward-Looking Information such as Consolidated Earnings Forecasts."

Quarterly consolidated balance sheet

(Millions of yen)

As of September 30, 2024

As of June 30, 2025

Assets

Current assets

Cash and deposits

49,822

57,711

Notes and accounts receivable - trade, and contract assets

46,657

46,734

Merchandise and finished goods

5,065

4,329

Work in process

1,299

1,517

Raw materials and supplies

1,793

1,895

Other

9,177

14,295

Allowance for doubtful accounts

(1,083)

(775)

Total current assets

112,732

125,708

Non-current assets

Property, plant and equipment

Assets for rent, net

88,855

88,665

Land

37,365

37,413

Other, net

38,775

38,073

Total property, plant and equipment

164,996

164,153

Intangible assets

Goodwill

1,017

701

Other

1,643

1,418

Total intangible assets

2,660

2,120

Investments and other assets

Other

10,654

9,559

Allowance for doubtful accounts

(362)

(557)

Total investments and other assets

10,291

9,001

Total non-current assets

177,949

175,275

Total assets

290,682

300,983

(Millions of yen)

As of September 30, 2024

As of June 30, 2025

Liabilities

Current liabilities

Notes and accounts payable - trade

26,489

30,297

Short-term borrowings

5,526

5,126

Current portion of long-term borrowings

10,727

11,592

Current portion of bonds payable

150

-

Lease liabilities

13,163

13,204

Income taxes payable

4,472

1,522

Provision for bonuses

3,154

2,143

Provision for bonuses for directors (and other officers)

216

178

Other

22,728

25,679

Total current liabilities

86,629

89,744

Non-current liabilities

Bonds payable

525

-

Long-term borrowings

38,730

41,478

Lease liabilities

26,391

28,396

Provision for retirement benefits for directors (and other officers)

257

213

Retirement benefit liability

996

1,054

Asset retirement obligations

1,096

1,154

Other

1,743

1,446

Total non-current liabilities

69,741

73,743

Total liabilities

156,370

163,488

Net assets

Shareholders' equity

Share capital

8,100

8,100

Capital surplus

7,131

6,530

Retained earnings

114,514

119,821

Treasury shares

(1,881)

(1,879)

Total shareholders' equity

127,865

132,572

Accumulated other comprehensive income

Valuation difference on available-for-sale securities

465

487

Deferred gains or losses on hedges

1

3

Foreign currency translation adjustment

3,814

2,428

Total accumulated other comprehensive income

4,281

2,919

Share acquisition rights

10

10

Non-controlling interests

2,153

1,992

Total net assets

134,311

137,495

Total liabilities and net assets

290,682

300,983

Quarterly consolidated statement of income

(Millions of yen)

Nine months ended June 30, 2024

Nine months ended June 30, 2025

Net sales

148,535

163,101

Cost of sales

88,584

98,001

Gross profit

59,950

65,100

Selling, general and administrative expenses

Provision of allowance for doubtful accounts

126

124

Salaries and bonuses

17,246

18,576

Provision for bonuses

1,768

1,915

Provision for bonuses for directors (and other officers)

148

178

Retirement benefit expenses

598

669

Provision for retirement benefits for directors (and other officers)

29

50

Other

26,128

28,808

Total selling, general and administrative expenses

46,047

50,322

Operating profit

13,903

14,778

Non-operating income

Interest income

70

69

Dividend income

58

54

Other

686

865

Total non-operating income

816

989

Non-operating expenses

Interest expenses

1,139

1,381

Foreign exchange losses

11

143

Other

72

61

Total non-operating expenses

1,223

1,585

Ordinary profit

13,495

14,182

Extraordinary income

Gain on sale of non-current assets

45

54

Gain on sale of investment securities

440

22

Gain on extinguishment of tie-in shares

-

80

Reversal of allowance for doubtful accounts

12

-

Total extraordinary income

497

158

Extraordinary losses

Loss on sale and retirement of non-current assets

36

179

Loss on sale of investment securities

4

-

Loss on extinguishment of tie-in shares

15

-

Impairment losses

-

53

Total extraordinary losses

55

233

Profit before income taxes

13,938

14,106

Income taxes - current

4,695

4,548

Income taxes - deferred

(41)

123

Total income taxes

4,654

4,672

Profit

9,283

9,434

Profit attributable to non-controlling interests

83

62

Profit attributable to owners of parent

9,200

9,372

Quarterly consolidated statement of comprehensive income

(Millions of yen)

Nine months ended June 30, 2024

Nine months ended June 30, 2025

Profit

9,283

9,434

Other comprehensive income

Valuation difference on available-for-sale securities

113

22

Deferred gains or losses on hedges

(5)

2

Foreign currency translation adjustment

132

(1,410)

Total other comprehensive income

240

(1,385)

Comprehensive income

9,523

8,048

Comprehensive income attributable to

Comprehensive income attributable to owners of parent

9,468

8,010

Comprehensive income attributable to non-controlling interests

55

38

(Notes on segment information, etc.)

  1. the nine months of the previous fiscal year (October 1, 2023 to June 30, 2024)

    1. Information on sales and the amount of profit or loss for each reported segment

      (in millions of yen)

      Reportable segments

      Other (Note) 1

      Total

      Adjustment amount (Note) 2

      Quarterly Consolidated Statements of Income (Note)3

      Rental-related business

      Sales

      Revenues from external customers

      142,429

      6,105

      148,535

      -

      148,535

      Transactions with other segments

      49

      409

      458

      (458)

      -

      Total

      142,478

      6,515

      148,994

      (458)

      148,535

      Segment Profit

      13,213

      395

      13,609

      294

      13,903

      Note: 1. The "Other" category is a business segment that is not included in the reporting segments, and includes the import and sale of overseas construction machinery, the manufacture of studs, the manufacture of construction machinery, and the insurance and real estate leasing business.

    2. Segment profit adjustments of ¥294 million include inter-segment transaction elimination of ¥(1,143) million and Company-wide revenues and expenses of ¥1,437 million not allocated to each reporting segment. Corporate revenue is revenue that is not attributable to the reporting segment, and corporate expenses are general and administrative expenses that are not primarily attributable to the reporting segment.

    3. Segment profit is adjusted to operating income in the quarterly consolidated statements of income.

      2. Information on impairment losses or goodwill on fixed assets by reporting segment Not applicable.

  2. the nine months of the current fiscal year (October 1, 2024 to June 30, 2025)

    1. Information on sales and the amount of profit or loss for each reported segment

      (in millions of yen)

      Reportable segments

      Other (Note) 1

      Total

      Adjustment amount (Note) 2

      Quarterly Consolidated Statements of Income (Note)3

      Rental-related business

      Sales

      Revenues from external customers

      157,048

      6,053

      163,101

      -

      163,101

      Transactions with other segments

      71

      502

      573

      (573)

      -

      Total

      157,119

      6,555

      163,675

      (573)

      163,101

      Segment Profit

      14,100

      348

      14,449

      328

      14,778

      Note: 1. The "Other" category is a business segment that is not included in the reporting segments, and includes the import and sale of overseas construction machinery, the manufacture of studs, the manufacture of construction machinery, and the insurance and real estate leasing business.

    2. Segment profit adjustments of ¥328 million include inter-segment transaction elimination of ¥(5,318) million and Company-wide revenues and expenses of ¥5,646 million not allocated to each reporting segment. Corporate revenue is revenue that is not attributable to the reporting segment, and corporate expenses are general and administrative expenses that are not primarily attributable to the reporting segment.

    3. Segment profit is adjusted to operating income in the quarterly consolidated statements of income.

2. Information on impairment losses or goodwill on fixed assets by reporting segment Not applicable.