RION CO.,LTD., July-September (2Q) Ordinary Profit Increases by 40%
6823 RION CO.,LTD. 【J-GAAP】
Earnings ReportRION CO.,LTD. <6823> [TSE-P] 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) was 1.8 billion yen, a 2.6% increase compared to the same period last year, resulting in an increase in profits compared to the previous forecast of a 0.4% decrease.
The progress rate against the 3.7 billion yen full-year plan was 48.7%, exceeding the five-year average of 43.5%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to grow by 5.2% from the same period last year, reaching 1.89 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased by 39.7% from the same period last year, reaching 1.08 billion yen. The operating profit margin rose from 12.5% in the same period last year to 16.0%.
Kabutan News
Actual Performance and Financial Trends
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Progress Rate vs. First Half |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
10,798M | 1,052M | 1,078M | 605M | 49.2 | 35.8 | Oct 28, 2022 | J-GAAP |
|
|
12,101M | 1,694M | 1,757M | 1,258M | 102.3 | 49.3 | Oct 30, 2023 | J-GAAP |
|
|
13,040M | 1,761M | 1,802M | 1,197M | 97.3 | 48.7 | Oct 30, 2024 | J-GAAP |
| YoY | +7.8% | +4.0% | +2.6% | -4.8% | -4.9% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 Guidance | 12,400M | 1,700M | 1,750M | 1,250M | 101.5 | 28 | Apr 26, 2024 | J-GAAP |
| Apr - Sep, 2024 Results | 13,040M | 1,761M | 1,802M | 1,197M | 97.3 | 28 | Oct 30, 2024 | J-GAAP |
| Revision Rate | +5.2% | +3.6% | +3.0% | -4.2% | -4.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
13,625M | 1,780M | 1,805M | 1,394M | 113.3 | 32 | Apr 26, 2024 | J-GAAP |
|
Guidance
Oct - Mar, 2024
|
13,860M | 1,939M | 1,898M | 1,503M | 122.0 | 27 | Oct 30, 2024 | J-GAAP |
| YoY | +1.7% | +8.9% | +5.2% | +7.8% | +7.7% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
23,868M | 2,844M | 3,007M | 1,799M | 146.3 | 45 | Apr 28, 2023 | J-GAAP |
|
|
25,726M | 3,474M | 3,562M | 2,652M | 215.5 | 55 | Apr 26, 2024 | J-GAAP |
|
Guidance
Mar, 2025
|
26,900M | 3,700M | 3,700M | 2,700M | 219.2 | 55 | Apr 26, 2024 | J-GAAP |
| YoY | +4.6% | +6.5% | +3.9% | +1.8% | +1.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Operating Profit Margin |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
6,088M | 761M | 779M | 575M | 46.7 | 12.5 | Oct 30, 2023 | J-GAAP |
|
|
6,407M | 932M | 937M | 744M | 60.5 | 14.5 | Jan 30, 2024 | J-GAAP |
|
|
7,218M | 848M | 868M | 650M | 52.8 | 11.7 | Apr 26, 2024 | J-GAAP |
|
|
6,355M | 691M | 714M | 400M | 32.6 | 10.9 | Jul 30, 2024 | J-GAAP |
|
|
6,685M | 1,070M | 1,088M | 797M | 64.8 | 16.0 | Oct 30, 2024 | J-GAAP |
| YoY | +9.8% | +40.6% | +39.7% | +38.6% | +38.6% |
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