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SEVEN INDUSTRIES CO.,LTD., First Half Ordinary Profit Turns to Profit, July-September Ordinary Profit Increases by 95%

Thu Oct 31, 2024 1:20 pm JST Earnings

7896 SEVEN INDUSTRIES CO.,LTD. 【J-GAAP】

Earnings Report

SEVEN INDUSTRIES CO.,LTD. <7896> [TSE-S] announced its financial results in the afternoon session on October 31st (13:20). The ordinary profit/loss (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2025 (April to September) turned into a profit of 57 million yen (compared to a loss of 20 million yen in the same period last year). The progress rate against the 113 million yen full-year plan was 50.4%, also surpassing the five-year average of 40.7%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to March period (second half) is expected to decrease by 9.7% from the same period last year to 56 million yen.

In the most recent three-month period, from July to September (2Q), the ordinary profit increased by 94.7% from the same period last year, reaching 37 million yen. The operating profit margin improved from 0.5% in the same period last year to 1.0%.

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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 9,011 218 220 149 33.4 67.1 Oct 31, 2022 J-GAAP
Apr - Sep, 2023 7,782 -26 -20 -785 -175.9 ー Oct 31, 2023 J-GAAP
Apr - Sep, 2024 7,654 50 57 42 9.5 50.4 Oct 31, 2024 J-GAAP
YoY -1.6% － － － －

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 7,654 50 57 42 9.4 10 Oct 24, 2024 J-GAAP
Apr - Sep, 2024 Results 7,654 50 57 42 9.5 10 Oct 31, 2024 J-GAAP
Revision Rate 0.0% 0.0% 0.0% 0.0% +0.5%

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 7,482 63 62 2 0.5 10 Apr 30, 2024 J-GAAP
Oct - Mar, 2024 Guidance 7,893 66 56 24 5.4 10 Oct 24, 2024 J-GAAP
YoY +5.5% +4.8% -9.7% +1,100.0% +1,095.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 17,655 325 328 231 51.8 20 Apr 28, 2023 J-GAAP
Mar, 2024 15,264 37 42 -783 -175.6 20 Apr 30, 2024 J-GAAP
Mar, 2025 Guidance 15,547 116 113 66 14.8 20 Apr 30, 2024 J-GAAP
YoY +1.9% +213.5% +169.0% － －

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 3,919 20 19 -755 -169.2 0.5 Oct 31, 2023 J-GAAP
Oct - Dec, 2023 4,000 85 84 71 15.9 2.1 Jan 31, 2024 J-GAAP
Jan - Mar, 2024 3,482 -22 -22 -69 -15.5 -0.6 Apr 30, 2024 J-GAAP
Apr - Jun, 2024 3,707 10 20 12 2.8 0.3 Jul 31, 2024 J-GAAP
Jul - Sep, 2024 3,947 40 37 30 6.8 1.0 Oct 31, 2024 J-GAAP
YoY +0.7% +100.0% +94.7% － －

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