TSURUYA CO.,LTD., First Half Ordinary Profit Revised Upward by 78%, Full Year also Increased, Dividend Revised Upward by 4.5 yen

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Tue Nov 5, 2024 11:30 am JST Revision

5386 TSURUYA CO.,LTD. 【J-GAAP】

Guidance Update Report

TSURUYA CO.,LTD. <5386> [TSE-S] announced a revision to its performance and dividend at noon (11:30) on November 5th. The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has been revised upward by 77.5%, from the previous forecast of 200 million yen to 355 million yen (compared to 149 million yen in the same period of the previous year), increasing the growth rate from 34.2% to 2.4 times.

Following the strong performance in the first half, the full-year ordinary profit has been revised upward by 37.8%, from the previous forecast of 370 million yen to 510 million yen (compared to 199 million yen in the previous period), increasing the growth rate from 85.9% to 2.6 times.

At the same time, the dividend for the first half of this fiscal year has been significantly increased from the original plan of 5 yen to 9.5 yen (compared to 3 yen in the same period of the previous year), resulting in the annual dividend of 14 yen.

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	3,430	10	200	130	17.3	5	Apr 26, 2024	J-GAAP
Apr - Sep, 2024 New	3,590	152	355	240	31.9	9.50	Nov 5, 2024	J-GAAP
Revision Rate	+4.7%	+1,420.0%	+77.5%	+84.6%	+84.6%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	7,000	110	370	240	31.9	9.50	Apr 26, 2024	J-GAAP
Mar, 2025 New	6,900	240	510	340	45.2	14	Nov 5, 2024	J-GAAP
Revision Rate	-1.4%	+118.2%	+37.8%	+41.7%	+41.7%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	3,219	74	149	98	12.8	3	Oct 31, 2023	J-GAAP
Apr - Sep, 2024 Guidance	3,590	152	355	240	31.9	9.50	Nov 5, 2024	J-GAAP
YoY	+11.5%	+105.4%	+138.3%	+144.9%	+148.4%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	7,143	-228	-104	-90	-11.9	4	Apr 28, 2023	J-GAAP
Mar, 2024	6,369	103	199	127	16.6	5	Apr 26, 2024	J-GAAP
Mar, 2025 Guidance	6,900	240	510	340	45.2	14	Nov 5, 2024	J-GAAP
YoY	+8.3%	+133.0%	+156.3%	+167.7%	+171.6%