Sumiseki Holdings, Inc., First Half Ordinary Profit Decreases by 58%
1514 Sumiseki Holdings, Inc. 【J-GAAP】
Earnings ReportSumiseki Holdings, Inc. <1514> [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) significantly dropped by 58.0% from the same period last year to 2.32 billion yen. The progress rate against the 3.4 billion yen full-year plan was 68.2%, also surpassing the five-year average of 45.2%.
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 significant drop by 58.2% from the same period last year to 1.08 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit significantly dropped to 2.41 billion yen, a 56.5% decrease compared to the same period last year. The operating profit margin decreased from 61.3% in the same period last year to 53.7%.
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 |
|---|---|---|---|---|---|---|---|---|
|
|
24,544M | 728M | 702M | 652M | 12.1 | 18.9 | Oct 31, 2022 | J-GAAP |
|
|
15,612M | 5,533M | 5,523M | 5,428M | 103.7 | 68.1 | Oct 31, 2023 | J-GAAP |
|
|
3,798M | -38M | 2,320M | 2,310M | 44.9 | 68.2 | Oct 30, 2024 | J-GAAP |
| YoY | -75.7% | － | -58.0% | -57.4% | -56.7% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 Guidance | 6,200M | 2,300M | 2,250M | 2,200M | 42.8 | － | Oct 4, 2024 | J-GAAP |
| Apr - Sep, 2024 Results | 3,798M | -38M | 2,320M | 2,310M | 44.9 | － | Oct 30, 2024 | J-GAAP |
| Revision Rate | -38.7% | － | +3.1% | +5.0% | +5.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
-1,196M | -5,687M | 2,583M | 2,102M | 40.4 | 60 | May 15, 2024 | J-GAAP |
|
Guidance
Oct - Mar, 2024
|
13,302M | 3,438M | 1,080M | 990M | 16.2 | 25 | Oct 30, 2024 | J-GAAP |
| YoY | － | － | -58.2% | -52.9% | -59.8% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
39,893M | 3,840M | 3,719M | 3,667M | 68.3 | 7.50 | May 15, 2023 | J-GAAP |
|
|
14,416M | -154M | 8,106M | 7,530M | 144.7 | 60 | May 15, 2024 | J-GAAP |
|
Guidance
Mar, 2025
|
17,100M | 3,400M | 3,400M | 3,300M | 54.1 | 25 | Oct 4, 2024 | J-GAAP |
| YoY | +18.6% | － | -58.1% | -56.2% | -62.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Operating Profit Margin |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
9,068M | 5,561M | 5,536M | 5,442M | 103.9 | 61.3 | Oct 31, 2023 | J-GAAP |
|
|
1,270M | -126M | -146M | -128M | -2.5 | -9.9 | Jan 31, 2024 | J-GAAP |
|
|
-2,466M | -5,561M | 2,729M | 2,230M | 42.9 | 225.5 | May 15, 2024 | J-GAAP |
|
|
1,697M | -72M | -90M | -92M | -1.8 | -4.2 | Jul 25, 2024 | J-GAAP |
|
|
2,101M | 34M | 2,410M | 2,402M | 46.7 | 1.6 | Oct 30, 2024 | J-GAAP |
| YoY | -76.8% | -99.4% | -56.5% | -55.9% | -55.1% |
Related Articles
-
Aica Kogyo Company, Limited, First Half Ordinary Profit Increases by 18%, July-September Ordinary Profit Increases by 16%
Wed Oct 30, 2024 3:20 pm JST Earnings -
NF HOLDINGS CORPORATION, First Half Ordinary Profit Decreases by 54%, July-September Ordinary Profit Decreases by 48%
Wed Oct 30, 2024 3:15 pm JST Earnings -
BOURBON CORPORATION, The Current Fiscal Year Ordinary Profit Revised Upward to an Unexpected 26% Increase, Highest in Seven Terms
Wed Oct 30, 2024 3:15 pm JST Earnings -
Yoshitake Inc., First Half Ordinary Profit Revised Downward by 37%
Wed Oct 30, 2024 3:10 pm JST Revision -
ADVANTEST CORPORATION, The Current Fiscal Year Net Income Revised Upward by 16%
Wed Oct 30, 2024 3:00 pm JST Earnings -
Broadmedia Corporation, The Current Fiscal Year Net Income Revised Downward by 15%
Wed Oct 30, 2024 3:00 pm JST Earnings -
KOMATSU MATERE Co., Ltd., The Current Fiscal Year Ordinary Profit Revised Upward to an Unexpected 2% Increase
Wed Oct 30, 2024 3:00 pm JST Earnings -
RION CO.,LTD., July-September (2Q) Ordinary Profit Increases by 40%
Wed Oct 30, 2024 3:00 pm JST Earnings -
NTT DATA INTRAMART CORPORATION, First Half Ordinary Profit Increases by 2.9 times, July-September Ordinary Profit Increases by 2.2 times
Wed Oct 30, 2024 3:00 pm JST Earnings -
Hitachi, Ltd., July-September (2Q) Net Income Decreases by 16%
Wed Oct 30, 2024 3:00 pm JST Earnings