KOHNAN SHOJI CO.,LTD., June-August (2Q) Ordinary Profit Increases by 12%

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.

Thu Oct 10, 2024 3:00 pm JST Earnings

7516 KOHNAN SHOJI CO.,LTD. 【J-GAAP】

Earnings Report

KOHNAN SHOJI CO.,LTD. <7516> [TSE-P] announced its financial results after the market closed on October 10th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending February 2025 (March to August) was 15.3 billion yen, a 2.9% increase compared to the same period last year. The progress rate against the 24 billion yen full-year plan was 64.1%, almost the same as the five-year average of 64.0%.

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 12.7% from the same period last year, reaching 8.61 billion yen.

In the most recent three-month period, from June to August (2Q), the consolidated ordinary profit grew by 11.7% from the same period last year, reaching 8.09 billion yen. The operating profit margin remained almost flat, changing from 6.0% in the same period last year to 6.2%.

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	222,224	13,499	12,796	8,522	274.8	61.7	Oct 11, 2022	J-GAAP
Mar - Aug, 2023	238,210	15,628	14,959	10,253	342.4	66.2	Oct 11, 2023	J-GAAP
Mar - Aug, 2024	256,612	15,904	15,388	9,225	317.8	64.1	Oct 10, 2024	J-GAAP
YoY	+7.7%	+1.8%	+2.9%	-10.0%	-7.2%

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	252,400	16,600	15,700	10,600	369.7	50	Apr 10, 2024	J-GAAP
Mar - Aug, 2024 Results	256,612	15,904	15,388	9,225	317.8	50	Oct 10, 2024	J-GAAP
Revision Rate	+1.7%	-4.2%	-2.0%	-13.0%	-14.0%

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	234,445	8,469	7,639	3,801	128.2	48	Apr 10, 2024	J-GAAP
Sep - Feb, 2024 Guidance	244,688	9,996	8,612	5,575	194.4	50	Oct 10, 2024	J-GAAP
YoY	+4.4%	+18.0%	+12.7%	+46.7%	+51.7%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2023	439,024	22,019	20,732	13,235	431.1	90	Apr 11, 2023	J-GAAP
Feb, 2024	472,655	24,097	22,598	14,054	473.9	95	Apr 10, 2024	J-GAAP
Feb, 2025 Guidance	501,300	25,900	24,000	14,800	516.2	100	Apr 10, 2024	J-GAAP
YoY	+6.1%	+7.5%	+6.2%	+5.3%	+8.9%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jun - Aug, 2023	123,130	7,434	7,250	4,730	158.0	6.0	Oct 11, 2023	J-GAAP
Sep - Nov, 2023	117,840	4,746	4,099	2,621	88.1	4.0	Jan 11, 2024	J-GAAP
Dec - Feb, 2023	116,605	3,723	3,540	1,180	39.8	3.2	Apr 10, 2024	J-GAAP
Mar - May, 2024	125,505	7,827	7,290	4,764	162.7	6.2	Jul 11, 2024	J-GAAP
Jun - Aug, 2024	131,107	8,077	8,098	4,461	153.7	6.2	Oct 10, 2024	J-GAAP
YoY	+6.5%	+8.6%	+11.7%	-5.7%	-2.7%