TOKAI Corp., First Half Ordinary Profit Increases by 1%, July-September Ordinary Profit Decreases by 1%

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.

Fri Nov 8, 2024 3:00 pm JST Earnings

9729 TOKAI Corp. 【J-GAAP】

Earnings Report

TOKAI Corp. <9729> [TSE-P] announced its financial results in the afternoon session on November 8th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) was 3.91 billion yen, a 1.2% increase compared to the same period last year. However, The progress rate against the 8.19 billion yen full-year plan was 47.8%, almost the same as the five-year average of 46.0%.

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 decrease by 7.7% from the same period last year to 4.27 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit amounted to 2.09 billion yen, a 1.0% decrease compared to the same period last year. The operating profit margin worsened from 6.0% in the same period last year to 5.5%.

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	64,091	3,567	3,720	3,130	88.9	46.0	Nov 7, 2022	J-GAAP
Apr - Sep, 2023	67,865	3,684	3,869	2,626	74.6	45.5	Nov 10, 2023	J-GAAP
Apr - Sep, 2024	72,725	3,664	3,917	3,041	88.8	47.8	Nov 8, 2024	J-GAAP
YoY	+7.2%	-0.5%	+1.2%	+15.8%	+19.0%

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	ー	ー	ー	ー	－	29	May 10, 2024	J-GAAP
Apr - Sep, 2024 Results	72,725	3,664	3,917	3,041	88.8	29	Nov 8, 2024	J-GAAP
Revision Rate	－	－	－	－	－

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	70,357	4,398	4,636	3,184	90.5	33	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	70,200	4,031	4,278	2,537	75.0	29	Nov 8, 2024	J-GAAP
YoY	-0.2%	-8.3%	-7.7%	-20.3%	-17.1%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	130,184	7,855	8,080	6,106	173.4	60	May 11, 2023	J-GAAP
Mar, 2024	138,222	8,082	8,505	5,810	165.1	58	May 10, 2024	J-GAAP
Mar, 2025 Guidance	142,925	7,695	8,195	5,578	164.9	58	May 10, 2024	J-GAAP
YoY	+3.4%	-4.8%	-3.6%	-4.0%	-0.1%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	34,374	2,061	2,114	1,388	39.4	6.0	Nov 10, 2023	J-GAAP
Oct - Dec, 2023	35,553	2,182	2,277	1,501	42.6	6.1	Feb 9, 2024	J-GAAP
Jan - Mar, 2024	34,804	2,216	2,359	1,683	47.8	6.4	May 10, 2024	J-GAAP
Apr - Jun, 2024	35,215	1,611	1,825	1,717	49.5	4.6	Aug 8, 2024	J-GAAP
Jul - Sep, 2024	37,510	2,053	2,092	1,324	38.7	5.5	Nov 8, 2024	J-GAAP
YoY	+9.1%	-0.4%	-1.0%	-4.6%	-2.0%