CHUDENKO CORPORATION, The Current Fiscal Year Ordinary Profit Revised Upward by 30%

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 4:00 pm JST Earnings

1941 CHUDENKO CORPORATION 【J-GAAP】

Earnings Report

CHUDENKO CORPORATION <1941> [TSE-P] announced its financial results after the market closed on October 31st (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) surged by 6.3 times that of the same period last year, reaching 9.15 billion yen.

In addition, the full-year consolidated ordinary profit has been revised upward by 30.1%, from the previous forecast of 14.3 billion yen to 18.6 billion yen (compared to 12.7 billion yen in the previous period), increasing the growth rate from 12.2% to 46.0%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to decrease by 16.3% from the same period last year to 9.44 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit surged to 2.7 times that of the same period last year, reaching 5.54 billion yen. The operating profit margin drastically improved from 4.6% in the same period last year to 10.1%.

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	79,515	1,084	2,403	1,303	23.6	ー	Oct 28, 2022	J-GAAP
Apr - Sep, 2023	82,699	1,479	1,451	577	10.5	11.4	Oct 31, 2023	J-GAAP
Apr - Sep, 2024	98,239	8,176	9,153	5,987	110.4	49.2	Oct 31, 2024	J-GAAP
YoY	+18.8%	+452.8%	+530.8%	+937.6%	+947.8%

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	－	60	Apr 26, 2024	J-GAAP
Apr - Sep, 2024 Results	98,239	8,176	9,153	5,987	110.4	60	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	210,000	12,500	14,300	8,800	161.3	120	Apr 26, 2024	J-GAAP
Mar, 2025 New	223,000	16,500	18,600	16,100	295.0	120	Oct 31, 2024	J-GAAP
Revision Rate	+6.2%	+32.0%	+30.1%	+83.0%	+83.0%

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	118,326	10,468	11,291	7,360	134.8	52	Apr 26, 2024	J-GAAP
Oct - Mar, 2024 Guidance	124,761	8,324	9,447	10,113	185.3	60	Oct 31, 2024	J-GAAP
YoY	+5.4%	-20.5%	-16.3%	+37.4%	+37.5%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	189,032	8,361	-1,905	-6,913	-125.6	104	Apr 28, 2023	J-GAAP
Mar, 2024	201,025	11,947	12,742	7,937	145.4	104	Apr 26, 2024	J-GAAP
Mar, 2025 Guidance	223,000	16,500	18,600	16,100	295.0	120	Oct 31, 2024	J-GAAP
YoY	+10.9%	+38.1%	+46.0%	+102.8%	+102.9%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	45,022	2,070	2,061	1,149	21.0	4.6	Oct 31, 2023	J-GAAP
Oct - Dec, 2023	48,601	3,202	3,752	2,202	40.2	6.6	Jan 31, 2024	J-GAAP
Jan - Mar, 2024	69,725	7,266	7,539	5,158	94.5	10.4	Apr 26, 2024	J-GAAP
Apr - Jun, 2024	45,650	2,854	3,604	2,203	40.7	6.3	Jul 31, 2024	J-GAAP
Jul - Sep, 2024	52,589	5,322	5,549	3,784	69.8	10.1	Oct 31, 2024	J-GAAP
YoY	+16.8%	+157.1%	+169.2%	+229.3%	+232.5%