Uematsu Shokai Co.,Ltd., July-September (2Q) Ordinary Profit Increases by 12%

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 24, 2024 3:00 pm JST Earnings

9914 Uematsu Shokai Co.,Ltd. 【J-GAAP】

Earnings Report

Uematsu Shokai Co.,Ltd. <9914> [TSE-S] announced its financial results after the market closed on October 24th (15:00). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2025 (April to September) decreased by 12.3% from the same period last year to 71 million yen. However, The progress rate against the 120 million yen full-year plan was 59.2%, almost the same as the five-year average of 61.6%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to March period (second half) is expected to drop by 43.0% from the same period last year to 49 million yen.

In the most recent three-month period, from July to September (2Q), the ordinary profit grew by 12.1% from the same period last year, reaching 65 million yen. However, the operating profit margin remained almost flat, changing from 2.0% in the same period last year to 1.9%.

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
Apr - Sep, 2022	3,338	36	71	33	14.6	68.3	Oct 26, 2022	J-GAAP
Apr - Sep, 2023	3,511	42	81	59	25.9	48.5	Oct 26, 2023	J-GAAP
Apr - Sep, 2024	3,134	23	71	49	22.2	59.2	Oct 24, 2024	J-GAAP
YoY	-10.7%	-45.2%	-12.3%	-16.9%	-14.0%

First Half Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024 Guidance	3,340	20	60	42	18.7	0	Apr 26, 2024	J-GAAP
Apr - Sep, 2024 Results	3,134	23	71	49	22.2	0	Oct 24, 2024	J-GAAP
Revision Rate	-6.2%	+15.0%	+18.3%	+16.7%	+18.6%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2023	3,743	50	86	53	23.3	30	Apr 26, 2024	J-GAAP
Oct - Mar, 2024 Guidance	3,516	27	49	34	15.2	30	Oct 24, 2024	J-GAAP
YoY	-6.1%	-46.0%	-43.0%	-35.8%	-35.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	6,455	35	104	39	17.4	25	Apr 28, 2023	J-GAAP
Mar, 2024	7,254	92	167	112	49.3	30	Apr 26, 2024	J-GAAP
Mar, 2025 Guidance	6,650	50	120	83	37.0	30	Apr 26, 2024	J-GAAP
YoY	-8.3%	-45.7%	-28.1%	-25.9%	-24.9%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	1,759	35	58	47	20.6	2.0	Oct 26, 2023	J-GAAP
Oct - Dec, 2023	1,969	42	60	37	16.2	2.1	Jan 29, 2024	J-GAAP
Jan - Mar, 2024	1,774	8	26	16	7.0	0.5	Apr 26, 2024	J-GAAP
Apr - Jun, 2024	1,520	-7	6	-4	-2.0	-0.5	Jul 26, 2024	J-GAAP
Jul - Sep, 2024	1,614	30	65	53	24.0	1.9	Oct 24, 2024	J-GAAP
YoY	-8.2%	-14.3%	+12.1%	+12.8%	+16.7%