NIKKO CO.,LTD.'s consolidated ordinary profit for the first half was ¥1.63 billion, finishing approximately 80% higher year on year. Progress against the full-year plan reached 42.7%, and the dividend for the current fiscal year was revised up to ¥44 per share.
NIKKO CO.,LTD. announced its results, reporting consolidated ordinary profit of ¥1.63 billion for the first half (April–September) of fiscal 2024, a substantial increase from approximately ¥900 million in the same period of the previous year. The result was above the previous forecast of ¥1.14 billion.
For the latest three-month period (July–September), ordinary profit expanded to ¥1.17 billion, while the operating profit margin on revenue improved from 6.4% to 8.5%.
Progress against the full-year plan reached 42.7%, exceeding the five-year average of 37.6%. The full-year dividend for the current fiscal year was revised up from the previous ¥42 to ¥44 per share.
Based on the previous plan, ordinary profit for the October–March period in the current fiscal year's second-half forecast is calculated at ¥2.19 billion, which is expected to decline year on year.