ASAKUMA CO., LTD., First Half Net Income Revised Upward by 3.9 times, Highest in Three Terms, Full Year also Increased

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Wed Sep 11, 2024 4:00 pm JST Revision

7678 ASAKUMA CO., LTD. 【J-GAAP】

Guidance Update Report

ASAKUMA CO., LTD. <7678> [TSE-S] announced a performance revision after the market closed on September 11th (16:00). The consolidated net income for the cumulative second quarter of the fiscal year ending January 2025 (February to July) has been revised upward by 285.9%, from the previous forecast of 92 million yen to 355 million yen (compared to 81 million yen in the same period of the previous year), increasing the growth rate from 13.6% to 4.4 times, record profits reach new high for the first time in three years.

Following the strong performance in the first half, the full-year consolidated net income has been revised upward by , from the previous forecast of 315 million yen to 546 million yen, and the declining rate is expected to decrease from 0.000% to 0.000%.

Note: Due to a change in the fiscal year ending January 2024 (10-month fiscal year), comparisons with the same period in the previous year are not provided since there is no corresponding period.

Kabutan News

Guidance Update

First Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb - Jul, 2024 Prev	3,979	138	139	92	17.3	0	Mar 12, 2024	J-GAAP
Feb - Jul, 2024 New	4,246	98	99	355	66.8	0	Sep 11, 2024	J-GAAP
Revision Rate	+6.7%	-29.0%	-28.8%	+285.9%	+286.0%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jan, 2025 Prev	8,570	431	435	315	59.3	0	Mar 12, 2024	J-GAAP
Jan, 2025 New	8,570	431	435	546	102.8	0	Sep 11, 2024	J-GAAP
Revision Rate	0.0%	0.0%	0.0%	+73.3%	+73.3%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023 Changed	3,512	121	129	81	15.4	0	Nov 10, 2023	J-GAAP
Feb - Jul, 2024 Guidance	4,246	98	99	355	66.8	0	Sep 11, 2024	J-GAAP
YoY	－	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	6,202	71	45	-12	-2.3	0	May 12, 2023	J-GAAP
Jan, 2024 Changed	6,101	174	184	130	24.6	0	Mar 12, 2024	J-GAAP
Jan, 2025 Guidance	8,570	431	435	546	102.8	0	Sep 11, 2024	J-GAAP
YoY	－	－	－	－	－