SMN Corporation, The Current Fiscal Year Net Income Revised Upward by 3.8 times

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

6185 SMN Corporation 【J-GAAP】

Earnings Report

SMN Corporation <6185> [TSE-S] announced its financial results after the market closed on October 31st (15:30). The consolidated net loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) was a reduced loss of 58 million yen (compared to a loss of 285 million yen in the same period last year).

In addition, the full-year consolidated net income has been revised upward by 3.8 times, from the previous forecast of 40 million yen to 150 million yen (compared to a loss of 1.02 billion yen in the previous period).

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated net income/loss for the October to March period (second half) is expected to turn into a profit of 208 million yen (compared to a loss of 743 million yen in the same period last year).

In the most recent three-month period, from July to September (2Q), the consolidated net loss improved to a deficit of loss of 1 million yen (compared to a loss of 131 million yen in the same period last year). The operating profit/loss margin drastically improved from -8.4% in the same period last year to -2.9%.

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	6,016	-93	-111	-140	-10.2	ー	Oct 31, 2022	J-GAAP
Apr - Sep, 2023	4,143	-377	-372	-285	-19.7	ー	Oct 31, 2023	J-GAAP
Apr - Sep, 2024	5,590	-128	-189	-58	-4.0	ー	Oct 31, 2024	J-GAAP
YoY	+34.9%	+66.0%	+49.2%	+79.6%	+79.5%

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	－	0	Apr 30, 2024	J-GAAP
Apr - Sep, 2024 Results	5,590	-128	-189	-58	-4.0	0	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	10,000	150	130	40	2.8	0	Apr 30, 2024	J-GAAP
Mar, 2025 New	10,000	150	130	150	10.3	0	Oct 31, 2024	J-GAAP
Revision Rate	0.0%	0.0%	0.0%	+275.0%	+274.5%

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	5,193	479	467	-743	-51.2	0	Apr 30, 2024	J-GAAP
Oct - Mar, 2024 Guidance	4,410	278	319	208	14.3	0	Oct 31, 2024	J-GAAP
YoY	-15.1%	-42.0%	-31.7%	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	11,442	17	-14	-117	-8.3	0	Apr 28, 2023	J-GAAP
Mar, 2024	9,336	102	95	-1,028	-70.8	0	Apr 30, 2024	J-GAAP
Mar, 2025 Guidance	10,000	150	130	150	10.3	0	Oct 31, 2024	J-GAAP
YoY	+7.1%	+47.1%	+36.8%	－	－

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	2,069	-174	-173	-131	-9.0	-8.4	Oct 31, 2023	J-GAAP
Oct - Dec, 2023	2,479	151	138	86	6.0	6.1	Jan 31, 2024	J-GAAP
Jan - Mar, 2024	2,714	328	329	-829	-57.1	12.1	Apr 30, 2024	J-GAAP
Apr - Jun, 2024	2,888	-50	-45	-57	-3.9	-1.7	Jul 31, 2024	J-GAAP
Jul - Sep, 2024	2,702	-78	-144	-1	-0.1	-2.9	Oct 31, 2024	J-GAAP
YoY	+30.6%	+55.2%	+16.8%	+99.2%	+99.2%