About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.
minkabu the infonoid
(C) 2024 MINKABU THE INFONOID, Inc.
kabutan

Sekisui House,Ltd., The Current Fiscal Year Ordinary Profit Revised Upward by 5%, Adds to Record High Profit Forecast

Thu Sep 5, 2024 1:00 pm JST Earnings

1928 Sekisui House,Ltd. 【J-GAAP】

Earnings Report

Sekisui House,Ltd. <1928> [TSE-P] announced its financial results in the afternoon session on September 5th (13:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending January 2025 (February to July) increased by 17.5% from the same period last year, reaching 147 billion yen.

The full-year consolidated ordinary profit has been revised upward by 5.5%, from the previous forecast of 273 billion yen to 288 billion yen (compared to 268 billion yen in the previous period), increasing the growth rate from 1.8% to 7.4%, further surpassing the previous forecast of record-high profits for four consecutive terms..

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the August to January period (second half) is expected to decrease by 1.5% from the same period last year to 140 billion yen.

In the most recent three-month period, from May to July (2Q), the consolidated ordinary profit grew by 5.6% from the same period last year, reaching 76.1 billion yen. However, the operating profit margin worsened from 9.2% in the same period last year to 7.9%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Feb - Jul, 2022 1,423,642 146,428 147,651 104,068 155.1 57.4 Sep 8, 2022 J-GAAP
Feb - Jul, 2023 1,462,443 124,918 125,239 92,494 140.3 46.7 Sep 7, 2023 J-GAAP
Feb - Jul, 2024 1,859,127 157,141 147,176 122,983 189.8 51.1 Sep 5, 2024 J-GAAP
YoY +27.1% +25.8% +17.5% +33.0% +35.3%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb - Jul, 2024 Guidance 64 Jun 6, 2024 J-GAAP
Feb - Jul, 2024 Results 1,859,127 157,141 147,176 122,983 189.8 64 Sep 5, 2024 J-GAAP
Revision Rate

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan, 2025 Prev 3,875,000 300,000 273,000 209,000 322.5 129 Jun 6, 2024 J-GAAP
Jan, 2025 New 4,000,000 320,000 288,000 209,000 322.5 129 Sep 5, 2024 J-GAAP
Revision Rate +3.2% +6.7% +5.5% 0.0% 0.0%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug - Jan, 2023 1,644,799 146,038 143,009 109,831 167.9 64 Mar 7, 2024 J-GAAP
Aug - Jan, 2024 Guidance 2,140,873 162,859 140,824 86,017 132.7 65 Sep 5, 2024 J-GAAP
YoY +30.2% +11.5% -1.5% -21.7% -20.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan, 2023 2,928,835 261,489 257,272 184,520 276.6 110 Mar 9, 2023 J-GAAP
Jan, 2024 3,107,242 270,956 268,248 202,325 309.3 123 Mar 7, 2024 J-GAAP
Jan, 2025 Guidance 4,000,000 320,000 288,000 209,000 322.5 129 Sep 5, 2024 J-GAAP
YoY +28.7% +18.1% +7.4% +3.3% +4.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
May - Jul, 2023 754,163 69,182 72,143 50,560 76.7 9.2 Sep 7, 2023 J-GAAP
Aug - Oct, 2023 727,065 61,770 61,420 49,395 75.3 8.5 Dec 7, 2023 J-GAAP
Nov - Jan, 2023 917,734 84,268 81,589 60,436 92.4 9.2 Mar 7, 2024 J-GAAP
Feb - Apr, 2024 777,052 71,714 70,995 50,427 77.8 9.2 Jun 6, 2024 J-GAAP
May - Jul, 2024 1,082,075 85,427 76,181 72,556 112.0 7.9 Sep 5, 2024 J-GAAP
YoY +43.5% +23.5% +5.6% +43.5% +46.0%

Related Articles