Nippon Carbon (5302) Q4 2024 earnings summary

Executive summary

• Net sales for FY2024 were ¥37,956 million, a 0.2% increase year-over-year.

• Operating profit declined 3.9% to ¥6,319 million, while ordinary profit fell 5.9% to ¥6,692 million.

• Profit attributable to owners of parent rose slightly to ¥4,078 million, up 0.7% year-over-year.

• Comprehensive income decreased 20.1% to ¥5,480 million.

Financial highlights

• Gross profit was ¥11,485 million, down from ¥11,850 million the previous year.

• Earnings per share increased to ¥369.03 from ¥366.75.

• Return on equity was 8.0%, and the equity ratio stood at 63.2%.

• Net assets per share rose to ¥4,704.60.

Outlook and guidance

• FY2025 net sales are forecast at ¥40,000 million, a 5.4% increase year-over-year.

• Operating profit is projected at ¥6,500 million, up 2.9%, and profit attributable to owners of parent at ¥4,100 million, up 0.5%.

• Earnings per share for FY2025 are forecast at ¥370.91.