TOKAI RIKA CO.,LTD., The Current Fiscal Year Ordinary Profit Revised Upward by 12%, Dividend Revised Upward by 20 yen

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 2:40 pm JST Earnings

6995 TOKAI RIKA CO.,LTD. 【J-GAAP】

Earnings Report

TOKAI RIKA CO.,LTD. <6995> [TSE-P] announced its financial results in the afternoon session on October 30th (14:40). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) dropped by 47.6% from the same period last year to 14.5 billion yen.

However, the full-year consolidated ordinary profit has been revised upward by 12.0%, from the previous forecast of 25 billion yen to 28 billion yen (compared to 39.5 billion yen in the previous period), and the declining rate is expected to decrease from 36.9% to 29.3%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to grow by 13.7% from the same period last year, reaching 13.4 billion yen.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 70 yen to 90 yen (compared to 75 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit significantly dropped to 5.38 billion yen, a 59.8% decrease compared to the same period last year. However, the operating profit margin remained almost flat, changing from 7.2% in the same period last year to 7.5%.

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	266,927	3,919	11,929	7,967	87.3	49.6	Oct 27, 2022	J-GAAP
Apr - Sep, 2023	307,468	20,246	27,738	20,240	221.6	70.1	Oct 30, 2023	J-GAAP
Apr - Sep, 2024	303,972	18,541	14,523	10,658	126.0	51.9	Oct 30, 2024	J-GAAP
YoY	-1.1%	-8.4%	-47.6%	-47.3%	-43.1%

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	－	35	Apr 25, 2024	J-GAAP
Apr - Sep, 2024 Results	303,972	18,541	14,523	10,658	126.0	45	Oct 30, 2024	J-GAAP
Revision Rate	－	－	－	－	－

Guidance Update

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	580,000	23,000	25,000	20,000	236.4	70	Apr 25, 2024	J-GAAP
Mar, 2025 New	600,000	30,000	28,000	22,000	260.1	90	Oct 30, 2024	J-GAAP
Revision Rate	+3.4%	+30.4%	+12.0%	+10.0%	+10.0%

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	316,090	8,576	11,854	4,610	51.4	39	Apr 25, 2024	J-GAAP
Oct - Mar, 2024 Guidance	296,028	11,459	13,477	11,342	134.1	45	Oct 30, 2024	J-GAAP
YoY	-6.3%	+33.6%	+13.7%	+146.0%	+161.1%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	553,124	16,656	24,063	10,900	119.4	64	Apr 26, 2023	J-GAAP
Mar, 2024	623,558	28,822	39,592	24,850	276.8	75	Apr 25, 2024	J-GAAP
Mar, 2025 Guidance	600,000	30,000	28,000	22,000	260.1	90	Oct 30, 2024	J-GAAP
YoY	-3.8%	+4.1%	-29.3%	-11.5%	-6.1%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	158,816	11,463	13,399	9,895	108.3	7.2	Oct 30, 2023	J-GAAP
Oct - Dec, 2023	167,461	12,967	11,827	6,725	73.6	7.7	Feb 1, 2024	J-GAAP
Jan - Mar, 2024	148,629	-4,391	27	-2,115	-23.6	-3.0	Apr 25, 2024	J-GAAP
Apr - Jun, 2024	151,966	7,123	9,134	7,578	89.6	4.7	Jul 30, 2024	J-GAAP
Jul - Sep, 2024	152,006	11,418	5,389	3,080	36.4	7.5	Oct 30, 2024	J-GAAP
YoY	-4.3%	-0.4%	-59.8%	-68.9%	-66.4%