kabutan

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

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%

Related Articles