ITO YOGYO CO.,LTD., First Half Ordinary Profit Turns to Profit, July-September Ordinary Profit Turns to Profit

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 3:30 pm JST Earnings

5287 ITO YOGYO CO.,LTD. 【J-GAAP】

Earnings Report

ITO YOGYO CO.,LTD. <5287> [TSE-S] announced its financial results after the market closed on November 1st (15:30). The ordinary profit/loss (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2025 (April to September) turned into a profit of 48 million yen (compared to a loss of 59 million yen in the same period last year). The progress rate against the 122 million yen full-year plan was 39.3%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to March period (second half) is expected to significant drop by 53.8% from the same period last year to 74 million yen.

In the most recent three-month period, from July to September (2Q), the ordinary profit/loss turned to a profit of profit of 55 million yen (compared to a loss of 5 million yen in the same period last year). The operating profit/loss margin drastically improved from -0.3% in the same period last year to 6.3%.

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	1,418	5	4	3	1.0	2.3	Nov 2, 2022	J-GAAP
Apr - Sep, 2023	1,163	-55	-59	-40	-13.8	ー	Nov 2, 2023	J-GAAP
Apr - Sep, 2024	1,558	49	48	161	54.9	39.3	Nov 1, 2024	J-GAAP
YoY	+34.0%	－	－	－	－

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	May 10, 2024	J-GAAP
Apr - Sep, 2024 Results	1,558	49	48	161	54.9	0	Nov 1, 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	1,969	163	160	141	48.2	15	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	1,742	81	74	42	14.3	10	Nov 1, 2024	J-GAAP
YoY	-11.5%	-50.3%	-53.8%	-70.2%	-70.4%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	3,467	179	176	131	44.7	15	May 12, 2023	J-GAAP
Mar, 2024	3,132	108	101	101	34.5	15	May 10, 2024	J-GAAP
Mar, 2025 Guidance	3,300	130	122	203	69.0	10	May 24, 2024	J-GAAP
YoY	+5.4%	+20.4%	+20.8%	+101.0%	+99.8%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	673	-2	-5	-7	-2.4	-0.3	Nov 2, 2023	J-GAAP
Oct - Dec, 2023	786	43	42	28	10.0	5.5	Feb 9, 2024	J-GAAP
Jan - Mar, 2024	1,183	120	118	113	38.6	10.1	May 10, 2024	J-GAAP
Apr - Jun, 2024	686	-6	-7	-4	-1.6	-0.9	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	872	55	55	165	56.3	6.3	Nov 1, 2024	J-GAAP
YoY	+29.6%	－	－	－	－