kabutan

SAN-A CO.,LTD., First Half Ordinary Profit Increases by 9%, June-Augus Ordinary Profit Increases by 3%

Fri Oct 4, 2024 3:00 pm JST Earnings

2659 SAN-A CO.,LTD. 【J-GAAP】

Earnings Report

SAN-A CO.,LTD. <2659> [TSE-P] announced its financial results after the market closed on October 4th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending February 2025 (March to August) increased by 9.2% from the same period last year, reaching 9.43 billion yen. The progress rate against the 17 billion yen full-year plan was 55.3%, also surpassing the five-year average of 51.8%.

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 decrease by 7.8% from the same period last year to 7.61 billion yen.

In the most recent three-month period, from June to August (2Q), the consolidated ordinary profit grew by 3.3% from the same period last year, reaching 5.13 billion yen. However, the operating profit margin remained almost flat, changing from 8.3% in the same period last year to 8.0%.

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 106,836 5,619 5,813 3,817 61.8 50.3 Oct 5, 2022 J-GAAP
Mar - Aug, 2023 114,850 8,446 8,634 5,608 90.7 51.1 Oct 5, 2023 J-GAAP
Mar - Aug, 2024 120,655 9,170 9,432 5,934 96.0 55.3 Oct 4, 2024 J-GAAP
YoY +5.1% +8.6% +9.2% +5.8% +5.8%

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 119,810 8,557 8,757 5,659 91.5 0 Apr 5, 2024 J-GAAP
Mar - Aug, 2024 Results 120,655 9,170 9,432 5,934 96.0 0 Oct 4, 2024 J-GAAP
Revision Rate +0.7% +7.2% +7.7% +4.9% +4.9%

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 112,731 8,018 8,259 5,075 82.1 55 Apr 5, 2024 J-GAAP
Sep - Feb, 2024 Guidance 115,465 7,500 7,611 5,251 84.9 55 Oct 4, 2024 J-GAAP
YoY +2.4% -6.5% -7.8% +3.5% +3.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2023 213,522 11,190 11,554 7,569 122.5 37 Apr 5, 2023 J-GAAP
Feb, 2024 227,581 16,464 16,893 10,683 172.8 55 Apr 5, 2024 J-GAAP
Feb, 2025 Guidance 236,120 16,670 17,043 11,185 180.9 55 Jul 5, 2024 J-GAAP
YoY +3.8% +1.3% +0.9% +4.7% +4.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jun - Aug, 2023 59,221 4,899 4,966 3,237 52.4 8.3 Oct 5, 2023 J-GAAP
Sep - Nov, 2023 54,107 3,415 3,505 2,248 36.4 6.3 Jan 5, 2024 J-GAAP
Dec - Feb, 2023 58,624 4,603 4,754 2,827 45.7 7.9 Apr 5, 2024 J-GAAP
Mar - May, 2024 57,662 4,134 4,300 2,769 44.8 7.2 Jul 5, 2024 J-GAAP
Jun - Aug, 2024 62,993 5,036 5,132 3,165 51.2 8.0 Oct 4, 2024 J-GAAP
YoY +6.4% +2.8% +3.3% -2.2% -2.2%

Related Articles