ENCHO CO.,LTD., First Half Ordinary Profit Revised Downward to a Loss, Full Year also Reduced, Dividend Revised down by 7.5 yen

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Tue Oct 22, 2024 4:00 pm JST Revision

8208 ENCHO CO.,LTD. 【J-GAAP】

Guidance Update Report

ENCHO CO.,LTD. <8208> [TSE-S] announced a revision to its performance and dividend after the market closed on October 22nd (16:00). The consolidated ordinary profit/loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has been revised downward from an expected profit of 75 million yen to a loss of 32 million yen (compared to a loss of 45 million yen in the same period of the previous year), turning to a loss outlook.

Due to the deterioration of business performance in the first half of the year, the full-year consolidated ordinary profit has downwardly by 64.7%, from the previous forecast of 170 million yen to 60 million yen (compared to 53 million yen in the previous period), leading to a reduction in the profit growth rate from 3.2 times to 13.2%.

At the same time, the dividend for the first half of this fiscal year has been significantly reduced from the original plan of 10 yen to 2.5 yen (compared to no dividend in the same period of the previous year), resulting in the annual dividend of 12.5 yen.

Kabutan News

Guidance Update

First Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024 Prev	17,500	170	75	60	8.8	10	May 8, 2024	J-GAAP
Apr - Sep, 2024 New	17,050	55	-32	-9	-1.3	2.50	Oct 22, 2024	J-GAAP
Revision Rate	-2.6%	-67.6%	－	－	－

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	34,400	340	170	100	14.6	20	May 8, 2024	J-GAAP
Mar, 2025 New	33,940	220	60	30	4.4	12.50	Oct 22, 2024	J-GAAP
Revision Rate	-1.3%	-35.3%	-64.7%	-70.0%	-70.0%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	17,487	15	-45	-43	-6.4	0	Oct 31, 2023	J-GAAP
Apr - Sep, 2024 Guidance	17,050	55	-32	-9	-1.3	2.50	Oct 22, 2024	J-GAAP
YoY	-2.5%	+266.7%	+28.9%	+79.1%	+79.2%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	36,068	238	100	-216	-31.6	15	May 10, 2023	J-GAAP
Mar, 2024	34,326	205	53	-413	-60.5	2.50	May 8, 2024	J-GAAP
Mar, 2025 Guidance	33,940	220	60	30	4.4	12.50	Oct 22, 2024	J-GAAP
YoY	-1.1%	+7.3%	+13.2%	－	－