SAKURA KCS Corporation, First Half Ordinary Profit Decreases by 47%, July-September Ordinary Profit Decreases by 29%

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 3:30 pm JST Earnings

4761 SAKURA KCS Corporation 【J-GAAP】

Earnings Report

SAKURA KCS Corporation <4761> [TSE-S] announced its financial results after the market closed on October 31st (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) dropped by 47.3% from the same period last year to 348 million yen. The progress rate against the 1.25 billion yen full-year plan was 27.8%, also falling below the five-year average of 38.5%.

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 65.2% from the same period last year, reaching 902 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 299 million yen, a 28.6% decrease compared to the same period last year. The operating profit margin worsened from 7.5% in the same period last year to 5.6%.

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	10,826	273	301	234	20.9	29.0	Oct 31, 2022	J-GAAP
Apr - Sep, 2023	10,855	619	660	462	41.3	54.7	Nov 1, 2023	J-GAAP
Apr - Sep, 2024	9,982	300	348	433	38.7	27.8	Oct 31, 2024	J-GAAP
YoY	-8.0%	-51.5%	-47.3%	-6.3%	-6.3%

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	－	12	May 13, 2024	J-GAAP
Apr - Sep, 2024 Results	9,982	300	348	433	38.7	12	Oct 31, 2024	J-GAAP
Revision Rate	－	－	－	－	－

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	11,914	508	546	433	38.7	15	May 13, 2024	J-GAAP
Oct - Mar, 2024 Guidance	13,118	900	902	617	55.1	12	Oct 31, 2024	J-GAAP
YoY	+10.1%	+77.2%	+65.2%	+42.5%	+42.5%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	23,588	993	1,038	748	66.9	18	May 11, 2023	J-GAAP
Mar, 2024	22,769	1,127	1,206	895	79.9	24	May 13, 2024	J-GAAP
Mar, 2025 Guidance	23,100	1,200	1,250	1,050	93.8	24	Jul 30, 2024	J-GAAP
YoY	+1.5%	+6.5%	+3.6%	+17.3%	+17.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	5,544	414	419	292	26.1	7.5	Nov 1, 2023	J-GAAP
Oct - Dec, 2023	5,636	309	322	227	20.3	5.5	Jan 31, 2024	J-GAAP
Jan - Mar, 2024	6,278	199	224	206	18.4	3.2	May 13, 2024	J-GAAP
Apr - Jun, 2024	4,685	4	49	31	2.9	0.1	Jul 30, 2024	J-GAAP
Jul - Sep, 2024	5,297	296	299	402	36.0	5.6	Oct 31, 2024	J-GAAP
YoY	-4.5%	-28.5%	-28.6%	+37.7%	+37.7%