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

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.

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%