kabutan

Togami Electric Mfg. Co.,Ltd., First Half Ordinary Profit Revised Upward to an Unexpected 26% Increase, Full Year also Increased, Dividend Revised Upward by 20 yen

Fri Nov 1, 2024 3:00 pm JST Revision

6643 Togami Electric Mfg. Co.,Ltd. 【J-GAAP】

Guidance Update Report

Togami Electric Mfg. Co.,Ltd. <6643> [TSE-S] announced a revision to its performance and dividend after the market closed on November 1st (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has been revised upward by 46.7%, from the previous forecast of 920 million yen to 1.35 billion yen (compared to 1.06 billion yen in the same period of the previous year), turning to a 26.4% increase in the consolidated ordinary profit outlook.

Following the strong performance in the first half, the full-year consolidated ordinary profit has been revised upward by 5.6%, from the previous forecast of 2.7 billion yen to 2.85 billion yen (compared to 3.02 billion yen in the previous period), and the declining rate is expected to decrease from 10.9% to 5.9%.

At the same time, the dividend for the first half of this fiscal year has been increased from the original plan of 50 yen to 60 yen, and the dividend for the second half has also been revised upwards from the original plan of 70 yen to 80 yen. The annual dividend will be 140 yen (compared to 110 yen in the previous period).

Kabutan News

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 12,750 820 920 650 133.5 50 May 10, 2024 J-GAAP
Apr - Sep, 2024 New 12,800 1,300 1,350 950 197.0 60 Nov 1, 2024 J-GAAP
Revision Rate +0.4% +58.5% +46.7% +46.2% +47.6%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 26,800 2,500 2,700 1,850 383.7 120 Aug 7, 2024 J-GAAP
Mar, 2025 New 26,800 2,700 2,850 2,000 414.8 140 Nov 1, 2024 J-GAAP
Revision Rate 0.0% +8.0% +5.6% +8.1% +8.1%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2023 12,704 840 1,068 706 142.6 40 Nov 1, 2023 J-GAAP
Apr - Sep, 2024 Guidance 12,800 1,300 1,350 950 197.0 60 Nov 1, 2024 J-GAAP
YoY +0.8% +54.8% +26.4% +34.6% +38.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 24,805 1,762 2,108 1,433 289.3 85 May 9, 2023 J-GAAP
Mar, 2024 26,731 2,694 3,029 2,090 421.9 110 May 10, 2024 J-GAAP
Mar, 2025 Guidance 26,800 2,700 2,850 2,000 414.8 140 Nov 1, 2024 J-GAAP
YoY +0.3% +0.2% -5.9% -4.3% -1.7%

Related Articles