Chugai Ro Co.,Ltd., First Half Ordinary Profit Turns to Profit, Current Fiscal Year Dividend Revised Upward by 20 yen

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.

Thu Oct 31, 2024 2:00 pm JST Earnings

1964 Chugai Ro Co.,Ltd. 【J-GAAP】

Earnings Report

Chugai Ro Co.,Ltd. <1964> [TSE-P] announced its financial results in the afternoon session on October 31st (14:00). The consolidated ordinary profit/loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) turned into a profit of 232 million yen (compared to a loss of 105 million yen in the same period last year). The progress rate against the 2.67 billion yen full-year plan was 8.7%.

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 expand by 34.0% from the same period last year, reaching 2.43 billion yen.

At the same time, the company has increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 100 yen to 120 yen (compared to 80 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit surged to 2.0 times that of the same period last year, reaching 773 million yen. The operating profit margin significantly improved from 4.8% in the same period last year to 8.0%.

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	9,585	-692	-566	-272	-35.8	ー	Nov 11, 2022	J-GAAP
Apr - Sep, 2023	12,609	-250	-105	747	99.4	ー	Oct 30, 2023	J-GAAP
Apr - Sep, 2024	14,721	77	232	518	70.3	8.7	Oct 31, 2024	J-GAAP
YoY	+16.7%	－	－	-30.7%	-29.2%

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	ー	ー	ー	ー	－	－	Apr 30, 2024	J-GAAP
Apr - Sep, 2024 Results	14,721	77	232	518	70.3	－	Oct 31, 2024	J-GAAP
Revision Rate	－	－	－	－	－

Guidance Update

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	37,600	2,570	2,670	2,300	313.3	100	Apr 30, 2024	J-GAAP
Mar, 2025 New	37,600	2,570	2,670	2,300	313.3	120	Oct 31, 2024	J-GAAP
Revision Rate	0.0%	0.0%	0.0%	0.0%	0.0%

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	16,674	1,727	1,819	1,450	193.9	80	Apr 30, 2024	J-GAAP
Oct - Mar, 2024 Guidance	22,879	2,493	2,438	1,782	242.7	120	Oct 31, 2024	J-GAAP
YoY	+37.2%	+44.4%	+34.0%	+22.9%	+25.2%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	27,977	1,309	1,575	1,231	162.0	70	May 12, 2023	J-GAAP
Mar, 2024	29,283	1,477	1,714	2,197	293.8	80	Apr 30, 2024	J-GAAP
Mar, 2025 Guidance	37,600	2,570	2,670	2,300	313.3	120	Oct 31, 2024	J-GAAP
YoY	+28.4%	+74.0%	+55.8%	+4.7%	+6.6%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	7,868	376	386	1,030	137.0	4.8	Oct 30, 2023	J-GAAP
Oct - Dec, 2023	5,837	-189	-89	106	14.2	-3.2	Jan 31, 2024	J-GAAP
Jan - Mar, 2024	10,837	1,916	1,908	1,344	179.7	17.7	Apr 30, 2024	J-GAAP
Apr - Jun, 2024	5,280	-682	-541	-12	-1.7	-12.9	Jul 26, 2024	J-GAAP
Jul - Sep, 2024	9,441	759	773	530	71.9	8.0	Oct 31, 2024	J-GAAP
YoY	+20.0%	+101.9%	+100.3%	-48.5%	-47.5%