kabutan

TOYO SHUTTER CO.,LTD., First Half Ordinary Profit Decreases by 33%

Wed Oct 30, 2024 4:00 pm JST Earnings

5936 TOYO SHUTTER CO.,LTD. 【J-GAAP】

Earnings Report

TOYO SHUTTER CO.,LTD. <5936> [TSE-S] announced its financial results after the market closed on October 30th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) dropped by 33.3% from the same period last year to 381 million yen, fell short of the previous forecast of 560 million yen.

The progress rate against the 1.35 billion yen full-year plan was 28.2%, also falling below the five-year average of 33.2%.

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 grow by 21.7% from the same period last year, reaching 969 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew by 8.3% from the same period last year, reaching 312 million yen. The operating profit margin improved from 5.9% in the same period last year to 6.4%.

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 9,202 20 -11 -28 -4.5 ー Oct 28, 2022 J-GAAP
Apr - Sep, 2023 10,338 610 571 369 58.3 41.8 Oct 27, 2023 J-GAAP
Apr - Sep, 2024 9,646 425 381 243 38.5 28.2 Oct 30, 2024 J-GAAP
YoY -6.7% -30.3% -33.3% -34.1% -34.0%

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 9,500 600 560 380 60.0 0 May 13, 2024 J-GAAP
Apr - Sep, 2024 Results 9,646 425 381 243 38.5 0 Oct 30, 2024 J-GAAP
Revision Rate +1.5% -29.2% -32.0% -36.1% -35.8%

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 11,149 870 796 590 93.2 31 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance 10,854 1,025 969 657 103.7 42 Oct 30, 2024 J-GAAP
YoY -2.6% +17.8% +21.7% +11.4% +11.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 20,687 865 813 559 88.2 18 May 12, 2023 J-GAAP
Mar, 2024 21,487 1,480 1,367 959 151.5 31 May 13, 2024 J-GAAP
Mar, 2025 Guidance 20,500 1,450 1,350 900 142.1 42 May 13, 2024 J-GAAP
YoY -4.6% -2.0% -1.2% -6.2% -6.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 5,273 310 288 185 29.2 5.9 Oct 27, 2023 J-GAAP
Oct - Dec, 2023 5,558 374 375 245 38.7 6.7 Jan 30, 2024 J-GAAP
Jan - Mar, 2024 5,591 496 421 345 54.5 8.9 May 13, 2024 J-GAAP
Apr - Jun, 2024 4,491 94 69 39 6.2 2.1 Jul 29, 2024 J-GAAP
Jul - Sep, 2024 5,155 331 312 204 32.3 6.4 Oct 30, 2024 J-GAAP
YoY -2.2% +6.8% +8.3% +10.3% +10.6%

Related Articles