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. | |
February 7, 2025
To whom it may concern
Company: Nitta Corporation
Representative: Yasunori Ishikiriyama, President
Code: 5186; Prime Market, Tokyo Stock Exchange
Contact: Koichi Kakegami, Director, Executive Officer,
and General Manager of Corporate Center
Tel: +81-6-6563-1211
Notice Concerning Revisions to Full-Year Financial Results Forecasts
Nitta Corporation (the "Company") hereby announces revisions to the consolidated financial results forecasts for
the fiscal year ending March 31, 2025 (April 1, 2024 through March 31, 2025), which were announced on May 10,
2024, as follows.
1. Revisions to the consolidated financial results forecasts for the fiscal year ending March 31, 2025 (April 1, 2024 through March 31, 2025)
Operating | Net income | Net income | ||||
Net sales | Ordinary income | attributable to | ||||
income | per share | |||||
owners of parent | ||||||
Millions of yen | Millions of yen | Millions of yen | Millions of yen | Yen | ||
Previously announced | 90,000 | 4,800 | 12,000 | 10,000 | 358.96 | |
forecasts (A) | ||||||
Revised forecasts (B) | 90,000 | 5,000 | 14,000 | 11,500 | 413.54 | |
Change (B−A) | - | 200 | 2,000 | 1,500 | ||
Change (%) | - | 4.2 | 16.7 | 15.0 | ||
(Reference) | ||||||
Actual consolidated results | 88,609 | 4,421 | 12,007 | 9,857 | 353.84 | |
for the previous fiscal year | ||||||
ended March 31, 2024 |
2. Reason for the revisions
For the consolidated financial results for the fiscal year ending March 31, 2025, operating income is expected to exceed the previously announced forecast due to growth in demand for high value-added products for semiconductor manufacturing equipment and progress in passing on higher raw material prices and other costs to selling prices. Ordinary income and net income attributable to owners of parent are also expected to exceed the previously announced forecasts due to strong performance of equity-method affiliates as a result of increased demand for products for the semiconductor industry.
- The above forecasts are based on information available as of the publication date of this document and on certain assumptions deemed reasonable. Actual results may differ from the forecasts due to various factors in the future.