SHIMA SEIKI MFG., LTD., First Half Ordinary Profit Revised Downward to a Loss, Dividend Revised down by 5 yen

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Fri Sep 20, 2024 3:30 pm JST Revision

6222 SHIMA SEIKI MFG., LTD. 【J-GAAP】

Guidance Update Report

SHIMA SEIKI MFG., LTD. <6222> [TSE-P] announced a revision to its performance and dividend 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 profit of profit of 800 million yen to a loss of 2.2 billion yen (compared to a profit of 564 million yen in the same period of the previous year), turning to a loss outlook.

Furthermore, the full-year consolidated ordinary profit forecast remains unchanged from the estimate of 2.2 billion yen(compared to 1.01 billion yen in the previous period).

Due to a decline in performance, the dividend for the first half of this fiscal year has been significantly reduced from the original plan of 10 yen to 5 yen (compared to 5 yen in the same period of the previous year), resulting in the annual dividend of 15 yen.

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	21,000	500	800	500	14.5	10	May 10, 2024	J-GAAP
Apr - Sep, 2024 New	14,900	-2,100	-2,200	-2,250	-65.2	5	Sep 20, 2024	J-GAAP
Revision Rate	-29.0%	－	－	－	－

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	44,000	1,500	2,200	1,700	49.3	20	May 10, 2024	J-GAAP
Mar, 2025 New	44,000	1,500	2,200	1,700	49.3	15	Sep 20, 2024	J-GAAP
Revision Rate	0.0%	0.0%	0.0%	0.0%	0.0%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	19,169	367	564	368	10.7	5	Oct 31, 2023	J-GAAP
Apr - Sep, 2024 Guidance	14,900	-2,100	-2,200	-2,250	-65.2	5	Sep 20, 2024	J-GAAP
YoY	-22.3%	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	37,886	-2,184	-1,700	-5,644	-163.5	10	May 10, 2023	J-GAAP
Mar, 2024	35,910	430	1,018	1,030	29.9	10	May 10, 2024	J-GAAP
Mar, 2025 Guidance	44,000	1,500	2,200	1,700	49.3	15	Sep 20, 2024	J-GAAP
YoY	+22.5%	+248.8%	+116.1%	+65.0%	+65.0%