kabutan

YUASA FUNASHOKU CO.,LTD., First Half Ordinary Profit Increases by 53%

Wed Nov 6, 2024 3:00 pm JST Earnings

8006 YUASA FUNASHOKU CO.,LTD. 【J-GAAP】

Earnings Report

YUASA FUNASHOKU CO.,LTD. <8006> [TSE-S] announced its financial results in the afternoon session on November 6th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to 1.47 billion yen, an increase of 53.1% compared to the same period last year, exceeded the previous forecast of 1.2 billion yen.

The progress rate against the 2.4 billion yen full-year plan was 61.4%, also surpassing the five-year average of 40.6%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to decrease by 25.9% from the same period last year to 926 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased by 55.4% from the same period last year, reaching 732 million yen. The operating profit margin improved from 1.5% in the same period last year to 2.2%.

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 58,237 568 746 515 28.7 42.4 Nov 4, 2022 J-GAAP
Apr - Sep, 2023 59,899 768 963 1,874 104.3 43.5 Nov 7, 2023 J-GAAP
Apr - Sep, 2024 61,079 1,241 1,474 1,006 57.0 61.4 Nov 6, 2024 J-GAAP
YoY +2.0% +61.6% +53.1% -46.3% -45.3%

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 61,500 1,000 1,200 800 45.3 － May 14, 2024 J-GAAP
Apr - Sep, 2024 Results 61,079 1,241 1,474 1,006 57.0 － Nov 6, 2024 J-GAAP
Revision Rate -0.7% +24.1% +22.8% +25.8% +25.8%

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 59,681 1,088 1,249 833 46.4 25 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 61,921 859 926 694 39.3 25 Nov 6, 2024 J-GAAP
YoY +3.8% -21.0% -25.9% -16.7% -15.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 117,881 1,462 1,759 1,112 61.9 25 May 12, 2023 J-GAAP
Mar, 2024 119,580 1,856 2,212 2,707 150.8 25 May 14, 2024 J-GAAP
Mar, 2025 Guidance 123,000 2,100 2,400 1,700 96.3 25 May 14, 2024 J-GAAP
YoY +2.9% +13.1% +8.5% -37.2% -36.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 29,706 438 471 1,532 85.3 1.5 Nov 7, 2023 J-GAAP
Oct - Dec, 2023 31,749 481 601 411 22.9 1.5 Feb 6, 2024 J-GAAP
Jan - Mar, 2024 27,932 607 648 422 23.5 2.2 May 14, 2024 J-GAAP
Apr - Jun, 2024 30,336 567 742 512 29.0 1.9 Aug 7, 2024 J-GAAP
Jul - Sep, 2024 30,743 674 732 494 28.0 2.2 Nov 6, 2024 J-GAAP
YoY +3.5% +53.9% +55.4% -67.8% -67.2%

Related Articles