Maruto Sangyo Co., Ltd., First Half Ordinary Profit Decreases by 47%, June-Augus Ordinary Profit Decreases by 28%

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.

Tue Oct 15, 2024 3:30 pm JST Earnings

7894 Maruto Sangyo Co., Ltd. 【J-GAAP】

Earnings Report

Maruto Sangyo Co., Ltd. <7894> [FukuokaSE] announced its financial results after the market closed on October 15th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending February 2025 (March to August) dropped by 46.8% from the same period last year to 177 million yen. The progress rate against the 490 million yen full-year plan was 36.1%, also falling below the five-year average of 50.8%.

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 expand by 52.7% from the same period last year, reaching 313 million yen.

In the most recent three-month period, from June to August (2Q), the consolidated ordinary profit decreased to 70 million yen, a 27.8% decrease compared to the same period last year. The operating profit margin worsened from 1.7% in the same period last year to 1.4%.

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	9,039	185	289	200	126.4	47.3	Oct 11, 2022	J-GAAP
Mar - Aug, 2023	9,229	258	333	234	147.9	61.9	Oct 12, 2023	J-GAAP
Mar - Aug, 2024	8,720	101	177	156	98.5	36.1	Oct 15, 2024	J-GAAP
YoY	-5.5%	-60.9%	-46.8%	-33.3%	-33.4%

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	ー	ー	ー	ー	－	0	Apr 15, 2024	J-GAAP
Mar - Aug, 2024 Results	8,720	101	177	156	98.5	0	Oct 15, 2024	J-GAAP
Revision Rate	－	－	－	－	－

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	8,624	160	205	132	83.4	40	Apr 15, 2024	J-GAAP
Sep - Feb, 2024 Guidance	9,880	329	313	214	134.8	40	Oct 15, 2024	J-GAAP
YoY	+14.6%	+105.6%	+52.7%	+62.1%	+61.7%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2023	18,136	480	611	416	262.6	40	Apr 12, 2023	J-GAAP
Feb, 2024	17,853	418	538	366	231.2	40	Apr 15, 2024	J-GAAP
Feb, 2025 Guidance	18,600	430	490	370	233.1	40	Apr 15, 2024	J-GAAP
YoY	+4.2%	+2.9%	-8.9%	+1.1%	+0.8%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jun - Aug, 2023	4,608	79	97	71	44.9	1.7	Oct 12, 2023	J-GAAP
Sep - Nov, 2023	4,352	72	94	68	42.9	1.7	Jan 12, 2024	J-GAAP
Dec - Feb, 2023	4,272	88	111	64	40.4	2.1	Apr 15, 2024	J-GAAP
Mar - May, 2024	4,283	39	107	100	63.6	0.9	Jul 16, 2024	J-GAAP
Jun - Aug, 2024	4,437	62	70	56	35.4	1.4	Oct 15, 2024	J-GAAP
YoY	-3.7%	-21.5%	-27.8%	-21.1%	-21.2%