J-OIL MILLS, INC., The Current Fiscal Year Ordinary Profit Revised Upward to an Unexpected 5% Increase, Highest in Nineteen Terms, Dividend Revised Upward by 10 yen

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.

Wed Sep 25, 2024 3:00 pm JST Revision

2613 J-OIL MILLS, INC. 【J-GAAP】

Guidance Update Report

J-OIL MILLS, INC. <2613> [TSE-P] announced a revision to its performance and dividend after the market closed on September 25th (15:00). The consolidated ordinary profit for the fiscal year ending March 2025 has been revised upward by 26.7%, from the previous forecast of 7.5 billion yen to 9.5 billion yen (compared to 9.04 billion yen in the previous period), reaches new record high for the first time in nineteen terms, turning to a 5.1% increase in the consolidated ordinary profit outlook.

At the same time, the April to September period (first half) consolidated ordinary profit has been revised upward by 66.7%, from the previous forecast of 3 billion yen to 5 billion yen (compared to 5.02 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 40.3% to 0.4%.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 60 yen to 70 yen (compared to 60 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	120,000	3,000	3,000	1,800	54.4	30	May 10, 2024	J-GAAP
Apr - Sep, 2024 New	117,000	5,000	5,000	3,500	105.8	30	Sep 25, 2024	J-GAAP
Revision Rate	-2.5%	+66.7%	+66.7%	+94.4%	+94.5%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	245,000	7,000	7,500	5,000	151.2	60	May 10, 2024	J-GAAP
Mar, 2025 New	230,000	8,500	9,500	6,500	196.5	70	Sep 25, 2024	J-GAAP
Revision Rate	-6.1%	+21.4%	+26.7%	+30.0%	+30.0%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	124,670	4,939	5,022	3,424	103.5	30	Nov 9, 2023	J-GAAP
Apr - Sep, 2024 Guidance	117,000	5,000	5,000	3,500	105.8	30	Sep 25, 2024	J-GAAP
YoY	-6.2%	+1.2%	-0.4%	+2.2%	+2.2%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	260,410	734	1,436	986	29.8	20	May 11, 2023	J-GAAP
Mar, 2024	244,319	7,243	9,043	6,792	205.4	60	May 10, 2024	J-GAAP
Mar, 2025 Guidance	230,000	8,500	9,500	6,500	196.5	70	Sep 25, 2024	J-GAAP
YoY	-5.9%	+17.4%	+5.1%	-4.3%	-4.3%