The Tokyo-based company saw its revenue climb to ¥5.03 billion, up from ¥4.36 billion a year earlier. This growth helped stabilize the bottom line, allowing the firm to navigate away from the losses that characterized its previous interim period.
In section Market Quotes
NJ Holdings Swings to Profit as Half-Year Revenue Hits ¥5.03 Billion
NJ Holdings Inc. (9421.TO) returned to profitability in the first half of the fiscal year ending December 31, 2024, driven by a 15% increase in top-line growth. The company reported a net profit of ¥1.00 million, a significant recovery from the ¥27.00 million loss recorded during the same period last year.
Financial Recovery and Margins
The shift toward profitability was evident across all key performance metrics. Operating profit reached ¥44.00 million, reversing a ¥16.00 million loss from the prior year, while pretax profit turned positive at ¥31.00 million. These figures represent a notable operational turnaround for the group as it scales its activities in the Japanese market.Earnings per share improved to ¥0.26, compared to a loss of ¥5.14 per share in the previous year. According to the official financial statement, the results were prepared in accordance with Japanese accounting standards, reflecting the company's performance through the end of the 2024 calendar year.
Comments (0)
No comments yet. Be the first!