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日東紡---大幅続落、上半期好決算も出尽くし感が優勢に

Nissho Co., Ltd. - Sharp decline, despite strong first-half results, a sense of exhaustion is dominant.

Fisco Japan ·  Nov 5, 2024 10:16

Nisshinbo Holdings Inc. <3110> is significantly down. The company announced its first-half financial results last weekend, with operating profit reaching 7.35 billion yen, a 2.4 times increase compared to the same period last year, exceeding the upward revision of 7 billion yen made during the first quarter earnings release. The full-year financial estimate of 15 billion yen, representing a 78.8% increase from the previous year, remains unchanged. However, the annual dividend, which was previously undecided, has been set at 87 yen per share compared to 55 yen in the previous year. Nevertheless, while operating profit surged to 3.91 billion yen in the first quarter, a 4.4 times increase from the previous year, the July to September period saw a slower growth at 3.44 billion yen, an increase of 54.0%, indicating a short-term saturation in performance.

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