kabutan

Titan Kogyo, Ltd., First Half Ordinary Profit Turns to Profit, Exceeds Expectations

Tue Oct 29, 2024 3:00 pm JST Revision

4098 Titan Kogyo, Ltd. 【J-GAAP】

Guidance Update Report

Titan Kogyo, Ltd. <4098> [TSE-S] announced a performance revision after the market closed on October 29th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has been revised upward from an expected loss of 210 million yen to a profit of 25 million yen (compared to a loss of 277 million yen in the same period of the previous year), turning to a profit.

Furthermore, the full-year ordinary profit/loss forecast remains unchanged from the estimate of profit of 60 million yen(compared to a loss of 667 million yen in the previous period).

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 3,800 -200 -210 20 6.7 0 May 15, 2024 J-GAAP
Apr - Sep, 2024 New 3,800 50 25 190 64.0 0 Oct 29, 2024 J-GAAP
Revision Rate 0.0% +850.0% +850.0%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2023 3,546 -277 -277 -192 -64.8 0 Nov 14, 2023 J-GAAP
Apr - Sep, 2024 Guidance 3,800 50 25 190 64.0 0 Oct 29, 2024 J-GAAP
YoY +7.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 8,070 385 341 322 109.1 20 May 15, 2023 J-GAAP
Mar, 2024 7,953 -726 -667 -1,680 -566.6 10 May 15, 2024 J-GAAP
Mar, 2025 Guidance 8,500 80 60 230 77.5 10 May 15, 2024 J-GAAP
YoY +6.9%

Related Articles