TAYCA CORPORATION, First Half Ordinary Profit Increases by 35%, July-September Ordinary Profit Increases by 12%

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 4:20 pm JST Earnings

4027 TAYCA CORPORATION 【J-GAAP】

Earnings Report

TAYCA CORPORATION <4027> [TSE-P] announced its financial results after the market closed on November 7th (16:20). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to 2.23 billion yen, an increase of 34.9% compared to the same period last year. The progress rate against the 3.5 billion yen full-year plan was 63.8%, also surpassing the five-year average of 55.3%.

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 grow by 10.5% from the same period last year, reaching 1.26 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew by 11.9% from the same period last year, reaching 799 million yen. The operating profit margin improved from 5.0% in the same period last year to 7.1%.

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	27,767	2,746	3,090	2,165	93.4	65.5	Nov 9, 2022	J-GAAP
Apr - Sep, 2023	27,098	1,402	1,655	1,127	48.7	59.1	Nov 8, 2023	J-GAAP
Apr - Sep, 2024	27,957	2,183	2,233	1,468	63.8	63.8	Nov 7, 2024	J-GAAP
YoY	+3.2%	+55.7%	+34.9%	+30.3%	+31.2%

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	27,500	1,800	2,000	1,500	65.2	18	Aug 9, 2024	J-GAAP
Apr - Sep, 2024 Results	27,957	2,183	2,233	1,468	63.8	18	Nov 7, 2024	J-GAAP
Revision Rate	+1.7%	+21.3%	+11.7%	-2.1%	-2.1%

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	25,895	923	1,147	739	31.9	20	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	29,543	1,017	1,267	832	36.2	20	Nov 7, 2024	J-GAAP
YoY	+14.1%	+10.2%	+10.5%	+12.6%	+13.5%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	54,773	4,224	4,717	2,986	128.9	36	May 10, 2023	J-GAAP
Mar, 2024	52,993	2,325	2,802	1,866	80.6	38	May 10, 2024	J-GAAP
Mar, 2025 Guidance	57,500	3,200	3,500	2,300	100.1	38	May 10, 2024	J-GAAP
YoY	+8.5%	+37.6%	+24.9%	+23.3%	+24.2%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	13,503	673	714	481	20.8	5.0	Nov 8, 2023	J-GAAP
Oct - Dec, 2023	13,381	132	172	27	1.2	1.0	Feb 7, 2024	J-GAAP
Jan - Mar, 2024	12,514	791	975	712	30.8	6.3	May 10, 2024	J-GAAP
Apr - Jun, 2024	13,608	1,167	1,434	968	42.1	8.6	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	14,349	1,016	799	500	21.7	7.1	Nov 7, 2024	J-GAAP
YoY	+6.3%	+51.0%	+11.9%	+4.0%	+4.7%