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Summary of Financial Results: 1st quarter of FY2023[348KB]
July 31, 2023 at 12:15 am EDT
Summary of Financial Results: 1st Quarter of FY2023
All Rights Reserved. Copyright © 2018. Nifco Inc.
１． 1st Quarter of FY2023
Summary of Consolidated Financial Results
２． FY2023 Full-Year Forecast
All Rights Reserved. Copyright © 2018. Nifco Inc.
2
Summary of
1st Quarter
Financial
Results
Full-year
Forecast
Quarterly sales and net income recorded historical high due to automobile production recovery, improved profit marginsUpward revision of sales and each profit due to automobile production recovery and revision of foreign exchange assumptions
Fixed costs are well-managed despite increases in raw materials, electricity and logistics costs.
All Rights Reserved. Copyright © 2018. Nifco Inc.
3
１． 1st Quarter of FY2023
Summary of Consolidated Financial Results
２． FY2023 Full-Year Forecast
All Rights Reserved. Copyright © 2018. Nifco Inc.
4
1. Financial Highlights
Historical Net Sales and Operating Profit
Recorded quarterly high net sales, as in the previous quarter
Operating profit margin improved to 11.5% (+1.3%pts QoQ)
(Billion of yen)
900
Net Sales:
879 20.0%
800
OP margin:
15.0%
700
11.5%
600
10.0%
500
5.0%
400
300
0.0%
200
-5.0%
100
0
Q3
Q3
-10.0%
08/Q1
09/Q1
10/Q1
3Q
11/1Q
3Q
12/1Q
3Q
13/1Q
3Q
14/1Q
3Q
15/1Q
3Q
16/1Q
3Q
17/1Q
3Q
18/1Q
3Q
19/1Q
3Q
20/1Q
3Q
21/1Q
3Q
22/1Q
3Q
23/1Q
All Rights Reserved. Copyright © 2018. Nifco Inc.
5
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Nifco Inc. published this content on 31 July 2023 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 31 July 2023 04:14:08 UTC .
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Apr. 26
CI
Nifco Inc.'s Equity Buyback announced on March 12, 2024, has closed with 522,800 shares, representing 0.53% for ¥1,999.83 million.
Apr. 24
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AEQUITA SE & Co KGaA completed the acquisition of Nifco Germany Gmbh and Nifco KTW America Cooperation from Nifco Inc..
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Apr. 01
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Nifco Inc. announces an Equity Buyback for 550,000 shares, representing 0.55% for ¥2,000 million.
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Nifco Inc. authorizes a Buyback Plan.
Mar. 11
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Jan. 03
CI
Tranche Update on Nifco Inc.'s Equity Buyback Plan announced on September 25, 2023.
Nov. 20
CI
Nifco Inc.'s Equity Buyback announced on September 25, 2023, has closed with 470,000 shares, representing 0.47% for ¥1,798.64 million.
Nov. 20
CI
Nifco Inc. announces an Equity Buyback for 470,000 shares, representing 0.47% for ¥2,000 million.
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Nifco Inc. authorizes a Buyback Plan.
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Tranche Update on Nifco Inc.'s Equity Buyback Plan announced on March 15, 2023.
23-04-30
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Nifco Inc.'s Equity Buyback announced on March 15, 2023, has closed with 272,800 shares, representing 0.27% for ¥999.65 million.
23-04-30
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Tranche Update on Nifco Inc.'s Equity Buyback Plan announced on March 15, 2023.
23-04-03
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Nifco Inc. announces an Equity Buyback for 280,000 shares, representing 0.28% for ¥1,000 million.
23-03-15
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Nifco Inc. authorizes a Buyback Plan.
23-03-14
CI
Tranche Update on Nifco Inc.'s Equity Buyback Plan announced on February 3, 2023.
23-03-01
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Nifco Inc.'s Equity Buyback announced on February 3, 2023, has closed with 286,900 shares, representing 0.29% for ¥999.66 million.
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Nifco Inc. authorizes a Buyback Plan.
23-02-02
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Tranche Update on Nifco Inc.'s Equity Buyback Plan announced on February 25, 2022.
22-03-18
CI
Nifco Inc.'s Equity Buyback announced on February 25, 2022, has closed with 290,000 shares, representing 0.29% for ¥825.88 million.
22-03-16
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Nifco Inc. announces an Equity Buyback for 290,000 shares, representing 0.29% for ¥1,000 million.
22-02-24
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Nifco Inc. authorizes a Buyback Plan.
22-02-24
CI
Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
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NIFCO INC. is a Japan-based manufacturing company primarily engaged in synthetic resin business. The Company operates in three business segments. The Molded Synthetic Resin segment manufactures and sells industrial plastics, fasteners, plastic precision molding components and molds. The Bed and Furniture segment is engaged in the production and sale of beds, as well as the import and sale of furniture. The Others segment is engaged in the purchase of accounts receivables and other businesses.
More about the company
Last Close Price
3,822
JPY
Average target price
4,745
JPY
Spread / Average Target
+24.15%
Consensus
1st Jan change
Capi.
+4.33% 2.4B +24.28% 49.76B +23.47% 20.09B -21.39% 19.36B +33.27% 17.44B -3.59% 14.97B -16.41% 13.75B -20.90% 13.01B +34.64% 12.09B +28.58% 10.65B
Other Auto, Truck & Motorcycle Parts
+951% of historical
More than 20 years
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