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.
(C) 2024 MINKABU THE INFONOID, Inc.

STORAGE-OH Co.,Ltd., 2Q (May-July) Ordinary Profit Loss Widens

Fri Sep 13, 2024 3:00 pm JST Earnings

2997 STORAGE-OH Co.,Ltd. 【J-GAAP】

Earnings Report

STORAGE-OH Co.,Ltd. <2997> [TSE-G] announced its financial results after the market closed on September 13th (15:00). The ordinary loss (non-consolidated) for the cumulative second quarter of the fiscal year ending January 2025 (February to July) was a reduced loss of 105 million yen (compared to a loss of 107 million yen in the same period last year).

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the August to January period (second half) is expected to grow by 4.9% from the same period last year, reaching 277 million yen.

In the most recent three-month period, from May to July (2Q), the ordinary loss expanded to a loss of 42 million yen (compared to a loss of 40 million yen in the same period last year). However, the operating profit/loss margin significantly improved from -17.6% in the same period last year to -12.7%.

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 311 -119 -122 -124 -73.6 ー Sep 14, 2022 J-GAAP
Feb - Jul, 2023 441 -110 -107 -102 -55.5 ー Sep 12, 2023 J-GAAP
Feb - Jul, 2024 560 -108 -105 -114 -62.1 ー Sep 13, 2024 J-GAAP
YoY +27.0% +1.8% +1.9% -11.8% -11.9%

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 560 -108 -105 -114 -61.8 0 Aug 19, 2024 J-GAAP
Feb - Jul, 2024 Results 560 -108 -105 -114 -62.1 0 Sep 13, 2024 J-GAAP
Revision Rate 0.0% 0.0% 0.0% 0.0% -0.5%

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 2,884 261 264 211 115.2 0 Mar 15, 2024 J-GAAP
Aug - Jan, 2024 Guidance 3,240 278 277 244 132.1 0 Aug 19, 2024 J-GAAP
YoY +12.3% +6.5% +4.9% +15.6% +14.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan, 2023 3,065 153 148 102 58.2 0 Mar 16, 2023 J-GAAP
Jan, 2024 3,325 151 157 109 59.5 0 Mar 15, 2024 J-GAAP
Jan, 2025 Guidance 3,800 170 172 130 70.4 0 Mar 15, 2024 J-GAAP
YoY +14.3% +12.6% +9.6% +19.3% +18.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
May - Jul, 2023 239 -42 -40 -37 -20.1 -17.6 Sep 12, 2023 J-GAAP
Aug - Oct, 2023 217 -56 -54 -50 -27.2 -25.8 Dec 15, 2023 J-GAAP
Nov - Jan, 2023 2,667 317 318 261 142.5 11.9 Mar 15, 2024 J-GAAP
Feb - Apr, 2024 245 -68 -63 -62 -33.9 -27.8 Jun 13, 2024 J-GAAP
May - Jul, 2024 315 -40 -42 -52 -28.3 -12.7 Sep 13, 2024 J-GAAP
YoY +31.8% +4.8% -5.0% -40.5% -40.7%

Related Articles