SHANON Inc., Third Quarter Cumulative (November-July) Net Income Loss Narrows, 3Q (May-July) Net Income Loss Narrows
3976 SHANON Inc. 【J-GAAP】
Earnings ReportSHANON Inc. <3976> [TSE-G] announced its financial results after the market closed on September 12th (17:00). The consolidated net loss for the cumulative third quarter of the fiscal year ending October 2024 (November 2023 to July 2024) was a reduced loss of 136 million yen (compared to a loss of 460 million yen in the same period last year). The company has been in a state of excessive liabilities (86 million yen) for three consecutive quarters.
Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income for the August to October period (4Q) is expected to surge by 9.7 times that of the same period last year, reaching 146 million yen.
In the most recent three-month period, from May to July (3Q), the consolidated net loss improved to a deficit of loss of 42 million yen (compared to a loss of 323 million yen in the same period last year). The operating profit/loss margin drastically improved from -28.8% in the same period last year to -5.2%.
Kabutan News
Actual Performance and Financial Trends
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Progress Rate vs. First Half |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
1,716M | -262M | -254M | -256M | -87.3 | ー | Sep 12, 2022 | J-GAAP |
|
|
2,037M | -303M | -313M | -460M | -152.3 | ー | Sep 11, 2023 | J-GAAP |
|
|
2,275M | -134M | -134M | -136M | -42.8 | ー | Sep 12, 2024 | J-GAAP |
| YoY | +11.7% | +55.8% | +57.2% | +70.4% | +71.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
1,484M | -128M | -136M | -308M | -100.8 | 0 | Dec 12, 2023 | J-GAAP |
|
Guidance
May - Oct, 2024
|
1,794M | 125M | 123M | 104M | 32.7 | 0 | Jun 13, 2024 | J-GAAP |
| YoY | +20.9% | － | － | － | － |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
2,456M | -327M | -325M | -365M | -124.8 | 0 | Dec 12, 2022 | J-GAAP |
|
|
2,934M | -262M | -273M | -445M | -145.7 | 0 | Dec 12, 2023 | J-GAAP |
|
Guidance
Oct, 2024
|
3,275M | 32M | 30M | 10M | 3.1 | 0 | Dec 12, 2023 | J-GAAP |
| YoY | +11.6% | － | － | － | － |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Operating Profit Margin |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
587M | -169M | -176M | -323M | -107.0 | -28.8 | Sep 11, 2023 | J-GAAP |
|
|
897M | 41M | 40M | 15M | 4.9 | 4.6 | Dec 12, 2023 | J-GAAP |
|
|
630M | -134M | -135M | -136M | -43.0 | -21.3 | Mar 14, 2024 | J-GAAP |
|
|
851M | 41M | 42M | 42M | 13.2 | 4.8 | Jun 13, 2024 | J-GAAP |
|
|
794M | -41M | -41M | -42M | -13.2 | -5.2 | Sep 12, 2024 | J-GAAP |
| YoY | +35.3% | +75.7% | +76.7% | +87.0% | +87.6% |
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