TOYO TANSO CO.,LTD., January-September (Third Quarter Cumulative) Ordinary Profit Increases by 26%, July-September Ordinary Profit Increases by 16%

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

5310 TOYO TANSO CO.,LTD. 【J-GAAP】

Earnings Report

TOYO TANSO CO.,LTD. <5310> [TSE-P] announced its financial results after the market closed on November 7th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2024 (January to September) increased by 26.5% from the same period last year, reaching 9.73 billion yen. The progress rate against the 10.5 billion yen full-year plan was 92.7%, also surpassing the five-year average of 78.3%.

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 significant drop by 69.3% from the same period last year to 763 million yen.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit grew by 16.1% from the same period last year, reaching 2.74 billion yen. The operating profit margin jumped from 16.9% in the same period last year to 27.1%.

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	32,028	4,965	5,932	4,152	198.0	80.5	Nov 8, 2022	J-GAAP
Jan - Sep, 2023	36,001	6,690	7,700	5,810	277.1	75.6	Nov 7, 2023	J-GAAP
Jan - Sep, 2024	39,062	9,266	9,737	7,189	342.8	92.7	Nov 7, 2024	J-GAAP
YoY	+8.5%	+38.5%	+26.5%	+23.7%	+23.7%

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	25,539	4,673	4,844	3,378	161.1	110	Feb 14, 2024	J-GAAP
Jul - Dec, 2024 Guidance	27,716	5,092	3,506	2,444	116.5	120	Aug 7, 2024	J-GAAP
YoY	+8.5%	+9.0%	-27.6%	-27.6%	-27.7%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	43,774	6,667	7,369	5,181	247.1	70	Feb 14, 2023	J-GAAP
Dec, 2023	49,251	9,283	10,182	7,506	357.9	110	Feb 14, 2024	J-GAAP
Dec, 2024 Guidance	54,000	10,900	10,500	7,600	362.4	120	Feb 14, 2024	J-GAAP
YoY	+9.6%	+17.4%	+3.1%	+1.3%	+1.2%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	12,289	2,080	2,362	1,682	80.2	16.9	Nov 7, 2023	J-GAAP
Oct - Dec, 2023	13,250	2,593	2,482	1,696	80.9	19.6	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	12,573	2,546	3,040	2,380	113.5	20.2	May 13, 2024	J-GAAP
Apr - Jun, 2024	13,711	3,262	3,954	2,776	132.4	23.8	Aug 7, 2024	J-GAAP
Jul - Sep, 2024	12,778	3,458	2,743	2,033	96.9	27.1	Nov 7, 2024	J-GAAP
YoY	+4.0%	+66.3%	+16.1%	+20.9%	+20.9%