TSURUMI MANUFACTURING CO.,LTD., First Half Ordinary Profit Revised Downward by 15%

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Fri Nov 8, 2024 2:00 pm JST Revision

6351 TSURUMI MANUFACTURING CO.,LTD. 【J-GAAP】

Guidance Update Report

TSURUMI MANUFACTURING CO.,LTD. <6351> [TSE-P] announced a performance revision in the afternoon session on November 8th (14:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has downwardly by 15.5%, from the previous forecast of 4.4 billion yen to 3.71 billion yen (compared to 6.94 billion yen in the same period of the previous year), leading to an increase in the profit decline rate from 36.7% to 46.5%.

Furthermore, the full-year ordinary profit forecast remains unchanged from the estimate of 9.5 billion yen(compared to 12.6 billion 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	29,800	3,700	4,400	3,100	126.4	24	Aug 8, 2024	J-GAAP
Apr - Sep, 2024 New	28,899	4,416	3,719	4,235	172.7	24	Nov 8, 2024	J-GAAP
Revision Rate	-3.0%	+19.4%	-15.5%	+36.6%	+36.6%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	29,719	4,103	6,949	4,822	196.6	22	Nov 9, 2023	J-GAAP
Apr - Sep, 2024 Guidance	28,899	4,416	3,719	4,235	172.7	24	Nov 8, 2024	J-GAAP
YoY	-2.8%	+7.6%	-46.5%	-12.2%	-12.2%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	56,219	7,263	8,991	6,262	254.0	44	May 12, 2023	J-GAAP
Mar, 2024	62,629	8,941	12,638	8,288	337.6	50	May 13, 2024	J-GAAP
Mar, 2025 Guidance	65,000	8,000	9,500	6,600	270.6	52	Aug 8, 2024	J-GAAP
YoY	+3.8%	-10.5%	-24.8%	-20.4%	-19.9%