UNIFORM NEXT CO., LTD., January-September (Third Quarter Cumulative) Ordinary Profit Decreases by 6%

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 4:00 pm JST Earnings

3566 UNIFORM NEXT CO., LTD. 【J-GAAP】

Earnings Report

UNIFORM NEXT CO., LTD. <3566> [TSE-G] announced its financial results after the market closed on November 6th (16:00). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending December 2024 (January to September) decreased by 5.6% from the same period last year to 319 million yen. The progress rate against the 679 million yen full-year plan was 47.0%, also falling below the five-year average of 61.7%.

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to December period (4Q) is expected to surge by 2.0 times that of the same period last year, reaching 360 million yen.

In the most recent three-month period, from July to September (3Q), the ordinary profit grew by 4.9% from the same period last year, reaching 85 million yen. However, the operating profit margin worsened from 4.3% in the same period last year to 4.0%.

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	4,627	233	240	155	15.6	58.7	Nov 8, 2022	J-GAAP
Jan - Sep, 2023	5,528	324	338	217	21.8	65.8	Nov 7, 2023	J-GAAP
Jan - Sep, 2024	6,272	302	319	204	20.5	47.0	Nov 6, 2024	J-GAAP
YoY	+13.5%	-6.8%	-5.6%	-6.0%	-6.1%

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	3,729	251	257	187	18.7	4	Feb 6, 2024	J-GAAP
Jul - Dec, 2024 Guidance	5,007	450	445	298	29.8	3.50	Aug 1, 2024	J-GAAP
YoY	+34.3%	+79.3%	+73.2%	+59.4%	+59.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	6,333	401	409	276	27.7	2.50	Feb 3, 2023	J-GAAP
Dec, 2023	7,453	497	514	354	35.5	4	Feb 6, 2024	J-GAAP
Dec, 2024 Guidance	9,204	669	679	448	44.8	3.50	Feb 6, 2024	J-GAAP
YoY	+23.5%	+34.6%	+32.1%	+26.6%	+26.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	1,804	78	81	50	5.0	4.3	Nov 7, 2023	J-GAAP
Oct - Dec, 2023	1,925	173	176	137	13.7	9.0	Feb 6, 2024	J-GAAP
Jan - Mar, 2024	1,540	6	9	5	0.6	0.4	May 14, 2024	J-GAAP
Apr - Jun, 2024	2,657	213	225	145	14.6	8.0	Aug 1, 2024	J-GAAP
Jul - Sep, 2024	2,075	83	85	54	5.4	4.0	Nov 6, 2024	J-GAAP
YoY	+15.0%	+6.4%	+4.9%	+8.0%	+7.8%