kabutan

OKUWA CO., LTD., The Current Fiscal Year Ordinary Profit Revised Downward to an Unexpected 19% Decrease

Thu Sep 26, 2024 3:00 pm JST Revision

8217 OKUWA CO., LTD. 【J-GAAP】

Guidance Update Report

OKUWA CO., LTD. <8217> [TSE-P] announced a performance revision after the market closed on September 26th (15:00). The consolidated ordinary profit for the fiscal year ending February 2025 has downwardly by 29.6%, from the previous forecast of 3.55 billion yen to 2.5 billion yen (compared to 3.09 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 19.3% decrease in profit.

At the same time, the March to August period (first half) consolidated ordinary profit has downwardly by 71.8%, from the previous forecast of 1.1 billion yen to 310 million yen (compared to 819 million yen in the same period of the previous year). This changes the outlook from an anticipated profit increase to a projection of a 62.1% decrease in profit.

Kabutan News

Guidance Update

First Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar - Aug, 2024 Prev 126,500 1,050 1,100 500 11.7 13 Apr 2, 2024 J-GAAP
Mar - Aug, 2024 New 122,550 245 310 85 2.0 13 Sep 26, 2024 J-GAAP
Revision Rate -3.1% -76.7% -71.8% -83.0% -82.9%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2025 Prev 259,000 3,500 3,550 1,200 28.8 26 Apr 2, 2024 J-GAAP
Feb, 2025 New 254,000 2,450 2,500 550 13.2 26 Sep 26, 2024 J-GAAP
Revision Rate -1.9% -30.0% -29.6% -54.2% -54.2%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar - Aug, 2023 121,520 706 819 399 9.1 13 Oct 3, 2023 J-GAAP
Mar - Aug, 2024 Guidance 122,550 245 310 85 2.0 13 Sep 26, 2024 J-GAAP
YoY +0.8% -65.3% -62.1% -78.7% -77.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2023 246,877 2,927 3,148 928 21.2 26 Apr 3, 2023 J-GAAP
Feb, 2024 247,378 2,888 3,098 1,000 22.8 26 Apr 2, 2024 J-GAAP
Feb, 2025 Guidance 254,000 2,450 2,500 550 13.2 26 Sep 26, 2024 J-GAAP
YoY +2.7% -15.2% -19.3% -45.0% -42.2%

Related Articles