MORISHITA JINTAN CO.,LTD., First Half Ordinary Profit Revised Downward by 50%

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.

Wed Nov 6, 2024 3:30 pm JST Revision

4524 MORISHITA JINTAN CO.,LTD. 【J-GAAP】

Guidance Update Report

MORISHITA JINTAN CO.,LTD. <4524> [TSE-S] announced a performance revision after the market closed on November 6th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has downwardly by 50.0%, from the previous forecast of 520 million yen to 260 million yen (compared to 645 million yen in the same period of the previous year), leading to an increase in the profit decline rate from 19.4% to 59.7%.

Furthermore, the full-year ordinary profit forecast remains unchanged from the estimate of 900 million yen(compared to 815 million 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	6,400	500	520	400	97.8	0	May 9, 2024	J-GAAP
Apr - Sep, 2024 New	6,350	240	260	180	44.0	0	Nov 6, 2024	J-GAAP
Revision Rate	-0.8%	-52.0%	-50.0%	-55.0%	-55.0%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	6,295	621	645	473	116.0	0	Nov 9, 2023	J-GAAP
Apr - Sep, 2024 Guidance	6,350	240	260	180	44.0	0	Nov 6, 2024	J-GAAP
YoY	+0.9%	-61.4%	-59.7%	-61.9%	-62.1%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	11,359	569	623	491	120.6	40	May 10, 2023	J-GAAP
Mar, 2024	12,406	716	815	697	170.7	50	May 9, 2024	J-GAAP
Mar, 2025 Guidance	12,700	850	900	700	171.1	55	May 9, 2024	J-GAAP
YoY	+2.4%	+18.7%	+10.4%	+0.4%	+0.2%