NODA CORPORATION has revised its ordinary profit forecast for the current fiscal year downward, into loss territory. In the nine-month results, ordinary profit was 734 and net income was -1,936, prompting a substantial revision to the full-year forecasts for the current fiscal year and the second half.
The nine-month results were net sales of ¥49,305 million, operating profit of ¥689 million, ordinary profit of ¥734 million and net income of -¥1,936 million. Revised earnings per share were -¥122.1, and the progress rate was reported at 108.7%. The announcement date is stated as 15 October 2024.
For the revised second-half forecast, the difference between the previous and new forecasts for the period ending November 2026 is shown. The new second-half forecast is net sales of ¥33,084 million, operating profit of ¥513 million, ordinary profit of ¥513 million, net income of -¥331 million and revised EPS of -¥22.61, with an announcement date of 14 October 2024.
For the current fiscal year, the previous and new forecasts are shown. The previous forecast was net sales of ¥65,000 million, operating profit of ¥600 million, ordinary profit of ¥500 million, net income of ¥200 million, revised EPS of ¥13.66 and revised DPS of ¥30. Under the new forecast, net sales remain at ¥65,000 million, while operating profit is ¥400 million, ordinary profit is -¥100 million, net income is -¥100 million, revised EPS is -¥6.83 and revised DPS is ¥30, with an announcement date of 14 October 2024. The current fiscal year is expected to turn to a loss.