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ONO SOKKI Co.,Ltd., January-September (Third Quarter Cumulative) Ordinary Profit Loss Widens, July-September Ordinary Profit Loss Widens

Thu Oct 24, 2024 1:45 pm JST Earnings

6858 ONO SOKKI Co.,Ltd. 【J-GAAP】

Earnings Report

ONO SOKKI Co.,Ltd. <6858> [TSE-S] announced its financial results in the afternoon session on October 24th (13:45). The consolidated ordinary loss for the cumulative third quarter of the fiscal year ending December 2024 (January to September) expanded to a loss of 663 million yen (compared to a loss of 545 million yen in the same period last year).

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to December period (4Q) is expected to expand by 32.6% from the same period last year, reaching 993 million yen.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary loss expanded to a loss of 206 million yen (compared to a loss of 196 million yen in the same period last year). The operating profit/loss margin worsened from -8.5% in the same period last year to -9.5%.

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Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jan - Sep, 2022 7,061 -576 -472 -502 -48.5 Oct 27, 2022 J-GAAP
Jan - Sep, 2023 7,521 -579 -545 -606 -57.7 Oct 25, 2023 J-GAAP
Jan - Sep, 2024 7,459 -703 -663 696 65.8 Oct 24, 2024 J-GAAP
YoY -0.8% -21.4% -21.7%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2023 6,442 513 553 922 87.7 5 Jan 30, 2024 J-GAAP
Jul - Dec, 2024 Guidance 7,416 778 787 666 64.5 15 Jul 22, 2024 J-GAAP
YoY +15.1% +51.7% +42.3% -27.8% -26.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 10,928 55 211 246 23.8 5 Jan 31, 2023 J-GAAP
Dec, 2023 11,539 139 204 438 41.7 10 Jan 30, 2024 J-GAAP
Dec, 2024 Guidance 12,500 300 330 1,550 150.0 30 Feb 16, 2024 J-GAAP
YoY +8.3% +115.8% +61.8% +253.9% +260.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 2,424 -205 -196 -122 -11.6 -8.5 Oct 25, 2023 J-GAAP
Oct - Dec, 2023 4,018 718 749 1,044 99.4 17.9 Jan 30, 2024 J-GAAP
Jan - Mar, 2024 3,024 90 94 95 9.1 3.0 Apr 24, 2024 J-GAAP
Apr - Jun, 2024 2,060 -568 -551 789 74.2 -27.6 Jul 24, 2024 J-GAAP
Jul - Sep, 2024 2,375 -225 -206 -188 -17.8 -9.5 Oct 24, 2024 J-GAAP
YoY -2.0% -9.8% -5.1% -54.1% -53.0%

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