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Suminoe Textile Co., Ltd., June-August (1Q) Ordinary Profit Turns to Loss

Fri Oct 11, 2024 3:00 pm JST Earnings

3501 SUMINOE Co., Ltd. 【J-GAAP】

Earnings Report

Suminoe Textile Co., Ltd. <3501> [TSE-P] announced its financial results after the market closed on October 11th (15:00). The consolidated ordinary profit/loss for the first quarter of the fiscal year ending May 2025 (June to August) turned into a loss of 139 million yen (compared to a profit of 637 million yen in the same period last year).

In the most recent three-month period, from June to August (1Q), the operating profit margin worsened from 1.9% in the same period last year to 0.3%.

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Actual Results

Accumulated Results 1st Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jun - Aug, 2022 20,765 -276 -65 -429 -34.0 ー Oct 14, 2022 J-GAAP
Jun - Aug, 2023 23,921 454 637 370 29.2 37.6 Oct 12, 2023 J-GAAP
Jun - Aug, 2024 24,567 82 -139 -462 -34.2 ー Oct 11, 2024 J-GAAP
YoY +2.7% -81.9% － － －

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun - Nov, 2023 51,409 1,405 1,693 753 58.0 17.50 Jan 12, 2024 J-GAAP
Jun - Nov, 2024 Guidance 51,200 1,000 1,100 300 22.7 20 Jul 12, 2024 J-GAAP
YoY -0.4% -28.8% -35.0% -60.2% -61.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
May, 2023 94,828 1,294 1,575 320 25.3 27.50 Jul 14, 2023 J-GAAP
May, 2024 103,478 3,300 3,668 874 66.1 35 Jul 12, 2024 J-GAAP
May, 2025 Guidance 105,300 3,300 3,400 1,500 113.3 40 Jul 12, 2024 J-GAAP
YoY +1.8% 0.0% -7.3% +71.6% +71.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jun - Aug, 2023 23,921 454 637 370 29.2 1.9 Oct 12, 2023 J-GAAP
Sep - Nov, 2023 27,488 951 1,056 383 29.5 3.5 Jan 12, 2024 J-GAAP
Dec - Feb, 2023 25,770 782 803 302 23.0 3.0 Apr 11, 2024 J-GAAP
Mar - May, 2024 26,299 1,113 1,172 -181 -13.7 4.2 Jul 12, 2024 J-GAAP
Jun - Aug, 2024 24,567 82 -139 -462 -34.2 0.3 Oct 11, 2024 J-GAAP
YoY +2.7% -81.9% － － －

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