MICRON MACHINERY CO., LTD., Last Fiscal Year Ordinary Profit Revised Downward by 6%, Dividend Revised Upward by 1.3 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.

Thu Oct 10, 2024 3:10 pm JST Revision

6159 MICRON MACHINERY CO., LTD. 【J-GAAP】

Guidance Update Report

MICRON MACHINERY CO., LTD. <6159> [TSE-S] announced a revision to its performance and dividend after the market closed on October 10th (15:10). The consolidated ordinary profit for the fiscal year ending August 2024 has downwardly by 5.6%, from the previous forecast of 808 million yen to 763 million yen (compared to 1.16 billion yen in the previous period), leading to an increase in the profit decline rate from 30.3% to 34.2%.

Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the March to August period (second half) consolidated ordinary profit has downwardly by 11.3%, from the previous forecast of 397 million yen to 352 million yen (compared to 1.16 billion yen in the same period of the previous year), leading to an increase in the profit decline rate from 66.0% to 69.9%.

At the same time, the company has increased its planned year-end lump-sum dividend for the last fiscal year from the original plan of 7.5 yen to 8.8 yen (compared to 7.5 yen in the previous period).

Kabutan News

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar - Aug, 2024 Prev	3,447	412	397	283	57.6	7.50	Apr 11, 2024	J-GAAP
Mar - Aug, 2024 New	2,748	394	352	208	37.6	8.80	Oct 10, 2024	J-GAAP
Revision Rate	-20.3%	-4.4%	-11.3%	-26.5%	-34.8%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Aug, 2024 Prev	5,398	400	808	559	113.8	7.50	Oct 13, 2023	J-GAAP
Aug, 2024 New	4,699	382	763	484	87.4	8.80	Oct 10, 2024	J-GAAP
Revision Rate	-12.9%	-4.5%	-5.6%	-13.4%	-23.2%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar - Aug, 2023	3,122	450	1,169	892	149.3	7.50	Oct 13, 2023	J-GAAP
Mar - Aug, 2024 Guidance	2,748	394	352	208	37.6	8.80	Oct 10, 2024	J-GAAP
YoY	-12.0%	-12.4%	-69.9%	-76.7%	-74.8%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Aug, 2022	5,201	377	1,818	1,226	204.1	8	Oct 12, 2022	J-GAAP
Aug, 2023	5,181	445	1,160	868	145.3	7.50	Oct 13, 2023	J-GAAP
Aug, 2024 Guidance	4,699	382	763	484	87.4	8.80	Oct 10, 2024	J-GAAP
YoY	-9.3%	-14.2%	-34.2%	-44.2%	-39.8%