Kyosan Electric Manufacturing Co.,Ltd., First Half Ordinary Profit Loss Widened in Downward Revision

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.

Fri Sep 20, 2024 3:30 pm JST Revision

6742 Kyosan Electric Manufacturing Co.,Ltd. 【J-GAAP】

Guidance Update Report

Kyosan Electric Manufacturing Co.,Ltd. <6742> [TSE-P] announced a performance revision after the market closed on September 20th (15:30). The consolidated ordinary profit/loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has been revised downward from an expected loss of 600 million yen to a loss of 1.2 billion yen (compared to a loss of 2.37 billion yen in the same period of the previous year), indicating an expansion in the loss margin.

Furthermore, the full-year ordinary profit forecast remains unchanged from the estimate of 6 billion yen(compared to 3.25 billion yen in the previous period).

Kabutan News

Guidance Update

First Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024 Prev	29,000	-800	-600	-300	-4.8	5	May 13, 2024	J-GAAP
Apr - Sep, 2024 New	26,500	-1,500	-1,200	-1,100	-17.5	5	Sep 20, 2024	J-GAAP
Revision Rate	-8.6%	-87.5%	-100.0%	-266.7%	-266.9%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	23,915	-2,920	-2,378	-730	-11.7	5	Nov 10, 2023	J-GAAP
Apr - Sep, 2024 Guidance	26,500	-1,500	-1,200	-1,100	-17.5	5	Sep 20, 2024	J-GAAP
YoY	+10.8%	+48.6%	+49.5%	-50.7%	-50.6%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	72,327	2,207	2,683	2,070	33.0	18	May 12, 2023	J-GAAP
Mar, 2024	70,525	2,491	3,259	3,434	54.8	20	May 13, 2024	J-GAAP
Mar, 2025 Guidance	84,000	5,700	6,000	4,400	70.2	20	May 13, 2024	J-GAAP
YoY	+19.1%	+128.8%	+84.1%	+28.1%	+28.1%