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.
minkabu the infonoid
(C) 2024 MINKABU THE INFONOID, Inc.
kabutan

Azuma Shipping Co.,Ltd., First Half Ordinary Profit Increases by 46%

Wed Oct 30, 2024 3:00 pm JST Earnings

9380 Azuma Shipping Co.,Ltd. 【J-GAAP】

Earnings Report

Azuma Shipping Co.,Ltd. <9380> [TSE-S] announced its financial results after the market closed on October 30th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to 332 million yen, an increase of 45.6% compared to the same period last year. However, The progress rate against the 765 million yen full-year plan was 43.4%, also falling below the five-year average of 66.9%.

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 433 million yen (compared to a loss of 76 million yen in the same period last year).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit surged to 2.3 times that of the same period last year, reaching 164 million yen. The operating profit margin improved from 0.5% in the same period last year to 1.8%.

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 21,151 385 555 378 13.6 59.0 Oct 31, 2022 J-GAAP
Apr - Sep, 2023 19,923 82 228 122 4.4 150.0 Oct 30, 2023 J-GAAP
Apr - Sep, 2024 19,688 283 332 248 8.9 43.4 Oct 30, 2024 J-GAAP
YoY -1.2% +245.1% +45.6% +103.3% +102.0%

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 20,528 291 371 204 7.3 3 May 15, 2024 J-GAAP
Apr - Sep, 2024 Results 19,688 283 332 248 8.9 3 Oct 30, 2024 J-GAAP
Revision Rate -4.1% -2.7% -10.5% +21.6% +21.8%

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 19,823 206 -76 195 7.0 4 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 21,877 359 433 324 11.5 4 Oct 30, 2024 J-GAAP
YoY +10.4% +74.3% +66.2% +65.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 41,467 666 941 197 7.1 7 May 15, 2023 J-GAAP
Mar, 2024 39,746 288 152 317 11.4 7 May 15, 2024 J-GAAP
Mar, 2025 Guidance 41,565 642 765 572 20.4 7 May 15, 2024 J-GAAP
YoY +4.6% +122.9% +403.3% +80.4% +79.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 9,940 45 71 35 1.3 0.5 Oct 30, 2023 J-GAAP
Oct - Dec, 2023 10,392 150 173 85 3.1 1.4 Jan 30, 2024 J-GAAP
Jan - Mar, 2024 9,431 56 -249 110 3.9 0.6 May 15, 2024 J-GAAP
Apr - Jun, 2024 9,832 101 168 63 2.3 1.0 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 9,856 182 164 185 6.6 1.8 Oct 30, 2024 J-GAAP
YoY -0.8% +304.4% +131.0% +428.6% +426.2%

Related Articles