ATSUGI CO., LTD., First Half Ordinary Profit Loss Widens, July-September Ordinary Profit Turns to Loss

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.

Wed Oct 30, 2024 2:30 pm JST Earnings

3529 ATSUGI CO., LTD. 【J-GAAP】

Earnings Report

ATSUGI CO., LTD. <3529> [TSE-S] announced its financial results in the afternoon session on October 30th (14:30). The consolidated ordinary loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to a loss of 134 million yen (compared to a loss of 34 million yen in the same period last year).

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit/loss for the October to March period (second half) is expected to turn into a profit of 734 million yen (compared to a loss of 17 million yen in the same period last year).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit/loss turned to a loss of 26 million yen (compared to a profit of 94 million yen in the same period last year). The operating profit/loss margin drastically worsened from 3.7% in the same period last year to -2.9%.

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	9,817	-1,060	-682	-694	-43.4	ー	Oct 27, 2022	J-GAAP
Apr - Sep, 2023	10,659	-212	-34	1,087	67.9	ー	Oct 27, 2023	J-GAAP
Apr - Sep, 2024	10,318	-453	-134	299	18.7	ー	Oct 30, 2024	J-GAAP
YoY	-3.2%	-113.7%	-294.1%	-72.5%	-72.5%

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	ー	ー	ー	ー	－	0	May 15, 2024	J-GAAP
Apr - Sep, 2024 Results	10,318	-453	-134	299	18.7	0	Oct 30, 2024	J-GAAP
Revision Rate	－	－	－	－	－

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	10,550	-213	-17	244	15.2	0	May 15, 2024	J-GAAP
Oct - Mar, 2024 Guidance	13,682	953	734	1,301	81.2	0	Oct 30, 2024	J-GAAP
YoY	+29.7%	－	－	+433.2%	+432.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	20,503	-2,131	-1,583	-1,215	-75.9	0	May 11, 2023	J-GAAP
Mar, 2024	21,209	-425	-51	1,331	83.1	0	May 15, 2024	J-GAAP
Mar, 2025 Guidance	24,000	500	600	1,600	99.9	0	May 15, 2024	J-GAAP
YoY	+13.2%	－	－	+20.2%	+20.2%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	5,868	218	94	1,236	77.2	3.7	Oct 27, 2023	J-GAAP
Oct - Dec, 2023	5,135	-130	5	144	9.0	-2.5	Jan 31, 2024	J-GAAP
Jan - Mar, 2024	5,415	-83	-22	100	6.2	-1.5	May 15, 2024	J-GAAP
Apr - Jun, 2024	4,497	-284	-108	22	1.4	-6.3	Jul 29, 2024	J-GAAP
Jul - Sep, 2024	5,821	-169	-26	277	17.3	-2.9	Oct 30, 2024	J-GAAP
YoY	-0.8%	－	－	-77.6%	-77.6%