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UBE Corporation, First Half Ordinary Profit Revised Downward to an Unexpected 83% Decrease

Fri Oct 25, 2024 3:00 pm JST Revision

4208 UBE Corporation 【J-GAAP】

Guidance Update Report

UBE Corporation <4208> [TSE-P] announced a performance revision after the market closed on October 25th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has downwardly by 83.5%, from the previous forecast of 11.5 billion yen to 1.9 billion yen (compared to 11.3 billion yen in the same period of the previous year). This changes the outlook from an anticipated profit increase to a projection of a 83.2% decrease in profit.

Furthermore, the full-year ordinary profit forecast remains unchanged from the estimate of 37 billion yen(compared to 36.3 billion yen in the previous period).

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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 238,000 7,500 11,500 8,000 82.4 55 May 13, 2024 J-GAAP
Apr - Sep, 2024 New 243,000 6,000 1,900 300 3.1 55 Oct 25, 2024 J-GAAP
Revision Rate +2.1% -20.0% -83.5% -96.3% -96.2%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2023 218,079 5,221 11,303 9,019 92.9 50 Nov 6, 2023 J-GAAP
Apr - Sep, 2024 Guidance 243,000 6,000 1,900 300 3.1 55 Oct 25, 2024 J-GAAP
YoY +11.4% +14.9% -83.2% -96.7% -96.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 494,738 16,210 -8,745 -7,034 -72.5 95 May 12, 2023 J-GAAP
Mar, 2024 468,237 22,456 36,333 28,981 298.6 105 May 13, 2024 J-GAAP
Mar, 2025 Guidance 510,000 27,000 37,000 29,500 303.8 110 May 13, 2024 J-GAAP
YoY +8.9% +20.2% +1.8% +1.8% +1.7%

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