SANYO DENKI CO.,LTD., The Current Fiscal Year Net Income Revised Downward by 42%

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 3:00 pm JST Revision

6516 SANYO DENKI CO.,LTD. 【IFRS】

Guidance Update Report

SANYO DENKI CO.,LTD. <6516> [TSE-P] announced a performance revision after the market closed on October 30th (15:00). The consolidated net income for the fiscal year ending March 2025 has downwardly by 42.0%, from the previous forecast of 8.1 billion yen to 4.7 billion yen (compared to 10.4 billion yen in the previous period), leading to an increase in the profit decline rate from 22.7% to 55.1%.

At the same time, the April to September period (first half) consolidated net income has downwardly by 48.4%, from the previous forecast of 3.1 billion yen to 1.6 billion yen (compared to 5.79 billion yen in the same period of the previous year), leading to an increase in the profit decline rate from 46.5% to 72.4%.

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	50,150	4,000	4,100	3,100	259.8	75	Apr 25, 2024	IFRS
Apr - Sep, 2024 New	46,526	3,046	2,575	1,600	134.1	75	Oct 30, 2024	IFRS
Revision Rate	-7.2%	-23.8%	-37.2%	-48.4%	-48.4%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	105,300	10,600	10,800	8,100	678.8	150	Apr 25, 2024	IFRS
Mar, 2025 New	96,100	6,600	6,300	4,700	393.9	150	Oct 30, 2024	IFRS
Revision Rate	-8.7%	-37.7%	-41.7%	-42.0%	-42.0%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	60,654	6,923	8,282	5,796	478.8	70	Oct 31, 2023	IFRS
Apr - Sep, 2024 Guidance	46,526	3,046	2,575	1,600	134.1	75	Oct 30, 2024	IFRS
YoY	-23.3%	-56.0%	-68.9%	-72.4%	-72.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	120,803	13,421	14,226	11,410	942.9	135	Apr 27, 2023	IFRS
Mar, 2024	112,904	11,811	13,323	10,477	867.5	145	Apr 25, 2024	IFRS
Mar, 2025 Guidance	96,100	6,600	6,300	4,700	393.9	150	Oct 30, 2024	IFRS
YoY	-14.9%	-44.1%	-52.7%	-55.1%	-54.6%