ICHIKAWA CO., LTD., First Half Ordinary Profit Revised Upward by 50%

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.

Tue Oct 29, 2024 3:00 pm JST Revision

3513 ICHIKAWA CO., LTD. 【J-GAAP】

Guidance Update Report

ICHIKAWA CO., LTD. <3513> [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 by 50.0%, from the previous forecast of 400 million yen to 600 million yen (compared to 835 million yen in the same period of the previous year), and the declining rate is expected to decrease from 52.1% to 28.1%.

Furthermore, the full-year ordinary profit forecast remains unchanged from the estimate of 980 million yen(compared to 1.16 billion 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	6,600	400	400	230	53.5	35	May 15, 2024	J-GAAP
Apr - Sep, 2024 New	6,860	560	600	400	93.1	35	Oct 29, 2024	J-GAAP
Revision Rate	+3.9%	+40.0%	+50.0%	+73.9%	+73.9%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	6,860	649	835	587	129.1	35	Oct 31, 2023	J-GAAP
Apr - Sep, 2024 Guidance	6,860	560	600	400	93.1	35	Oct 29, 2024	J-GAAP
YoY	0.0%	-13.7%	-28.1%	-31.9%	-27.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	13,344	800	1,044	833	182.1	70	May 15, 2023	J-GAAP
Mar, 2024	13,603	1,115	1,168	1,018	227.8	70	May 15, 2024	J-GAAP
Mar, 2025 Guidance	13,500	890	980	540	126.8	70	May 15, 2024	J-GAAP
YoY	-0.8%	-20.2%	-16.1%	-47.0%	-44.3%