kabutan

SANYO SHOKAI LTD., First Half Ordinary Profit Decreases by 14%

Fri Oct 4, 2024 11:00 am JST Earnings

8011 SANYO SHOKAI LTD. 【J-GAAP】

Earnings Report

SANYO SHOKAI LTD. <8011> [TSE-P] announced its financial results in the morning on October 4th (11:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending February 2025 (March to August) decreased by 13.9% from the same period last year to 678 million yen. The progress rate against the 3.4 billion yen full-year plan was 19.9%, also falling below the same period of the previous year of 24.7%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the September to February period (second half) is expected to grow by 13.6% from the same period last year, reaching 2.72 billion yen.

In the most recent three-month period, from June to August (2Q), the consolidated ordinary loss improved to a deficit of loss of 52 million yen (compared to a loss of 238 million yen in the same period last year). The operating profit/loss margin improved from -2.6% in the same period last year to -1.2%.

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
Mar - Aug, 2022 25,464 -317 -141 -246 -20.3 ー Oct 6, 2022 J-GAAP
Mar - Aug, 2023 28,155 718 787 744 63.8 24.7 Oct 6, 2023 J-GAAP
Mar - Aug, 2024 27,902 599 678 457 39.2 19.9 Oct 4, 2024 J-GAAP
YoY -0.9% -16.6% -13.9% -38.6% -38.6%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar - Aug, 2024 Guidance 28,300 500 550 450 38.5 0 Apr 12, 2024 J-GAAP
Mar - Aug, 2024 Results 27,902 599 678 457 39.2 0 Oct 4, 2024 J-GAAP
Revision Rate -1.4% +19.8% +23.3% +1.6% +1.8%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep - Feb, 2023 33,198 2,329 2,397 2,043 175.2 88 Apr 12, 2024 J-GAAP
Sep - Feb, 2024 Guidance 34,598 2,701 2,722 2,643 245.4 125 Oct 4, 2024 J-GAAP
YoY +4.2% +16.0% +13.6% +29.4% +40.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2023 58,273 2,235 2,437 2,155 178.7 55 Apr 14, 2023 J-GAAP
Feb, 2024 61,353 3,047 3,184 2,787 239.0 88 Apr 12, 2024 J-GAAP
Feb, 2025 Guidance 62,500 3,300 3,400 3,100 287.8 125 Apr 12, 2024 J-GAAP
YoY +1.9% +8.3% +6.8% +11.2% +20.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jun - Aug, 2023 12,186 -317 -238 -152 -13.0 -2.6 Oct 6, 2023 J-GAAP
Sep - Nov, 2023 16,448 1,009 986 952 81.6 6.1 Dec 27, 2023 J-GAAP
Dec - Feb, 2023 16,750 1,320 1,411 1,091 93.5 7.9 Apr 12, 2024 J-GAAP
Mar - May, 2024 15,378 747 730 590 50.6 4.9 Jun 28, 2024 J-GAAP
Jun - Aug, 2024 12,524 -148 -52 -133 -11.4 -1.2 Oct 4, 2024 J-GAAP
YoY +2.8% +53.3% +78.2% +12.5% +12.5%

Related Articles