ITOKI CORPORATION, January-September (Third Quarter Cumulative) Ordinary Profit Increases by 6%, July-September Ordinary Profit Increases by 3.7 times

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.

Tue Nov 5, 2024 3:30 pm JST Earnings

7972 ITOKI CORPORATION 【J-GAAP】

Earnings Report

ITOKI CORPORATION <7972> [TSE-P] announced its financial results after the market closed on November 5th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2024 (January to September) increased by 6.1% from the same period last year, reaching 7.8 billion yen. The progress rate against the 10 billion yen full-year plan was 78.1%, it was below the five-year average of 90.3%.

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to December period (4Q) is expected to expand by 83.3% from the same period last year, reaching 2.19 billion yen.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit surged to 3.7 times that of the same period last year, reaching 972 million yen. The operating profit margin improved from 0.6% in the same period last year to 3.2%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Jan - Sep, 2022	89,961	4,086	4,125	3,517	77.7	98.8	Nov 14, 2022	J-GAAP
Jan - Sep, 2023	96,857	7,179	7,360	4,909	108.3	86.0	Nov 13, 2023	J-GAAP
Jan - Sep, 2024	102,123	7,806	7,809	5,800	119.0	78.1	Nov 5, 2024	J-GAAP
YoY	+5.4%	+8.7%	+6.1%	+18.2%	+9.9%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul - Dec, 2023	64,795	1,521	1,460	1,198	26.4	42	Feb 13, 2024	J-GAAP
Jul - Dec, 2024 Guidance	64,990	3,134	3,163	1,914	38.9	55	Aug 5, 2024	J-GAAP
YoY	+0.3%	+106.0%	+116.6%	+59.8%	+47.2%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	123,324	4,582	4,177	5,294	117.0	37	Feb 13, 2023	J-GAAP
Dec, 2023	132,985	8,523	8,555	5,905	130.3	42	Feb 13, 2024	J-GAAP
Dec, 2024 Guidance	137,500	10,000	10,000	7,000	142.3	55	Aug 5, 2024	J-GAAP
YoY	+3.4%	+17.3%	+16.9%	+18.5%	+9.2%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	28,667	177	265	202	4.5	0.6	Nov 13, 2023	J-GAAP
Oct - Dec, 2023	36,128	1,344	1,195	996	22.0	3.7	Feb 13, 2024	J-GAAP
Jan - Mar, 2024	40,918	6,039	6,015	4,101	85.7	14.8	May 13, 2024	J-GAAP
Apr - Jun, 2024	31,592	827	822	985	20.3	2.6	Aug 5, 2024	J-GAAP
Jul - Sep, 2024	29,613	940	972	714	14.7	3.2	Nov 5, 2024	J-GAAP
YoY	+3.3%	+431.1%	+266.8%	+253.5%	+228.5%