Note : This document has been translated from 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 6, 2025
To whom it may concern
Company name: | Nisshinbo Holdings Inc. |
Representative: | Yasuji Ishii |
President and Representative Director | |
Security code: | 3105 |
Listings: | Tokyo Stock Exchange Market |
Contact: | IR Corporate Communication Group |
Nisshinbo Holdings Inc. hereby announces that the company has revised consolidated financial results forecast for the fiscal year ending December 31, 2025, which was announced on May 12, 2025, as follows.
Revisions to consolidated financial results forecast for the current fiscal year (January 1, 2025 through December 31, 2025)
Net sales
Operating profit
Ordinary profit
Profit attributable to owners of parent
Basic earnings per share
Previously announced forecasts (A)
Millions of yen
Millions of yen
Millions of yen
Millions of yen
yen
506,000
19,700
21,600
18,300
117.33
Revised forecasts (B)
506,000
19,700
21,600
11,000
70.38
Difference (B-A)
-
-
-
(7,300)
Change (%)
-
-
-
(39.9)
(Reference) Actual consolidated results
for the previous fiscal year
(Fiscal year ended December 31, 2024)
494,746
16,581
24,403
10,277
65.40
Reasons for the revision
As announced in the "Notice Regarding Implementation of Early Retirement Incentive Program in Connection with Restructuring of Wireless and Communications Business" dated June 26, 2025, the Nisshinbo Group has positioned the restructuring of its Wireless and Communications business as its most important task for improving profitability. In order to strengthen the foundation of its core businesses through simplification and optimization of its business and production structures, the Nisshinbo Group has decided to implement an early retirement program at Japan Radio Co., Ltd. and its domestic subsidiaries. The costs associated with this program are expected to be recognized as extraordinary losses under "Business structure improvement expenses of subsidiaries" in the consolidated financial statements.
In addition, due to the recording of an extraordinary loss for impairment losses on assets for the manufacture of carbon separators for fuel cells in the Chemicals business as a result of significant changes in the market environment, net income attributable to owners of Nisshinbo Group is expected to fall below the previous forecast.
The exchange rates used as assumptions for the earnings forecast are 145 yen to the US dollar and 160 yen to the euro.
(Note) The performance forecasts contained in this document are based on information available at the time of publication and certain assumptions that are believed to be reasonable. Actual results may differ from these forecasts due to various factors.