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TAKAGI SEIKO CORPORATION, The Current Fiscal Year Ordinary Profit Revised Downward to an Unexpected 45% Decrease

Thu Oct 31, 2024 3:00 pm JST Revision

4242 TAKAGI SEIKO CORPORATION 【J-GAAP】

Guidance Update Report

TAKAGI SEIKO CORPORATION <4242> [TSE-S] announced a performance revision after the market closed on October 31st (15:00). The consolidated ordinary profit for the fiscal year ending March 2025 has downwardly by 47.2%, from the previous forecast of 2.52 billion yen to 1.33 billion yen (compared to 2.42 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 45.1% decrease in profit.

At the same time, the April to September period (first half) consolidated ordinary profit has downwardly by 45.3%, from the previous forecast of 1.06 billion yen to 580 million yen (compared to 1.13 billion yen in the same period of the previous year), leading to an increase in the profit decline rate from 6.8% to 49.0%.

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Guidance Update

First Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 Prev 23,780 1,100 1,060 420 150.7 20 May 13, 2024 J-GAAP
Apr - Sep, 2024 New 21,730 550 580 120 43.1 20 Oct 31, 2024 J-GAAP
Revision Rate -8.6% -50.0% -45.3% -71.4% -71.4%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 49,500 2,450 2,520 1,130 405.4 40 May 13, 2024 J-GAAP
Mar, 2025 New 44,860 1,270 1,330 420 150.7 40 Oct 31, 2024 J-GAAP
Revision Rate -9.4% -48.2% -47.2% -62.8% -62.8%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2023 25,269 1,159 1,137 457 165.1 18 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 Guidance 21,730 550 580 120 43.1 20 Oct 31, 2024 J-GAAP
YoY -14.0% -52.5% -49.0% -73.7% -73.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 48,162 2,018 2,396 700 253.7 30 May 15, 2023 J-GAAP
Mar, 2024 51,066 2,400 2,421 1,189 428.7 36 May 13, 2024 J-GAAP
Mar, 2025 Guidance 44,860 1,270 1,330 420 150.7 40 Oct 31, 2024 J-GAAP
YoY -12.2% -47.1% -45.1% -64.7% -64.9%

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