JMS CO.,LTD., The Current Fiscal Year 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.

Thu Nov 7, 2024 3:30 pm JST Earnings

7702 JMS CO.,LTD. 【J-GAAP】

Earnings Report

JMS CO.,LTD. <7702> [TSE-S] announced its financial results after the market closed on November 7th (15:30). The consolidated ordinary loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) was a reduced loss of 118 million yen (compared to a loss of 135 million yen in the same period last year), reversing from the forecast of a 250 million yen to a loss.

In addition, the full-year consolidated ordinary profit has downwardly by 50.0%, from the previous forecast of 800 million yen to 400 million yen (compared to 145 million yen in the previous period), leading to a reduction in the profit growth rate from 5.5 times to 2.8 times.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to expand by 85.0% from the same period last year, reaching 518 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary loss expanded to a loss of 312 million yen (compared to a loss of 62 million yen in the same period last year). However, the operating profit/loss margin improved from -1.3% in the same period last year to 0.6%.

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	29,975	-44	56	-68	-2.8	9.6	Nov 4, 2022	J-GAAP
Apr - Sep, 2023	31,248	-320	-135	-258	-10.6	ー	Nov 7, 2023	J-GAAP
Apr - Sep, 2024	33,830	155	-118	-258	-10.6	ー	Nov 7, 2024	J-GAAP
YoY	+8.3%	－	+12.6%	0.0%	+0.2%

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	34,000	250	250	100	4.1	8.50	May 14, 2024	J-GAAP
Apr - Sep, 2024 Results	33,830	155	-118	-258	-10.6	8.50	Nov 7, 2024	J-GAAP
Revision Rate	-0.5%	-38.0%	－	－	－

Guidance Update

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	70,000	800	800	400	16.3	17	May 14, 2024	J-GAAP
Mar, 2025 New	70,000	700	400	100	4.1	17	Nov 7, 2024	J-GAAP
Revision Rate	0.0%	-12.5%	-50.0%	-75.0%	-75.0%

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	34,044	52	280	222	9.1	8.50	May 14, 2024	J-GAAP
Oct - Mar, 2024 Guidance	36,170	545	518	358	14.6	8.50	Nov 7, 2024	J-GAAP
YoY	+6.2%	+948.1%	+85.0%	+61.3%	+60.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	63,740	724	586	281	11.5	17	May 12, 2023	J-GAAP
Mar, 2024	65,292	-268	145	-36	-1.5	17	May 14, 2024	J-GAAP
Mar, 2025 Guidance	70,000	700	400	100	4.1	17	Nov 7, 2024	J-GAAP
YoY	+7.2%	－	+175.9%	－	－

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	16,648	-209	-62	2	0.1	-1.3	Nov 7, 2023	J-GAAP
Oct - Dec, 2023	16,787	397	398	312	12.8	2.4	Feb 8, 2024	J-GAAP
Jan - Mar, 2024	17,257	-345	-118	-90	-3.7	-2.0	May 14, 2024	J-GAAP
Apr - Jun, 2024	16,177	42	194	-92	-3.8	0.3	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	17,653	113	-312	-166	-6.8	0.6	Nov 7, 2024	J-GAAP
YoY	+6.0%	－	-403.2%	－	－