kabutan

Sodick Co.,Ltd., January-September (Third Quarter Cumulative) Ordinary Profit Increases by 3.6 times, July-September Ordinary Profit Loss Narrows

Fri Nov 8, 2024 3:00 pm JST Earnings

6143 Sodick Co.,Ltd. 【J-GAAP】

Earnings Report

Sodick Co.,Ltd. <6143> [TSE-P] announced its financial results in the afternoon session on November 8th (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2024 (January to September) surged by 3.6 times that of the same period last year, reaching 1.25 billion yen. The progress rate against the 1.6 billion yen full-year plan was 78.1%, also surpassing the five-year average of 70.1%.

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/loss for the October to December period (4Q) is expected to turn into a profit of 350 million yen (compared to a loss of 1.6 billion yen in the same period last year).

In the most recent three-month period, from July to September (3Q), the consolidated ordinary loss improved to a deficit of loss of 252 million yen (compared to a loss of 493 million yen in the same period last year). The operating profit/loss margin drastically improved from -6.2% in the same period last year to 5.1%.

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 59,758 4,558 7,738 5,154 96.1 93.5 Nov 11, 2022 J-GAAP
Jan - Sep, 2023 49,936 -1,405 348 -889 -17.4 Nov 10, 2023 J-GAAP
Jan - Sep, 2024 51,005 838 1,250 402 7.9 78.1 Nov 8, 2024 J-GAAP
YoY +2.1% +259.2%

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 33,695 -2,429 -2,098 -4,501 -88.3 15 Feb 13, 2024 J-GAAP
Jul - Dec, 2024 Guidance 38,906 1,156 98 100 2.0 15 Aug 8, 2024 J-GAAP
YoY +15.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 80,495 5,813 8,275 6,021 112.7 27 Feb 14, 2023 J-GAAP
Dec, 2023 67,174 -2,819 -1,257 -4,604 -90.3 29 Feb 13, 2024 J-GAAP
Dec, 2024 Guidance 72,500 1,100 1,600 900 17.8 29 Aug 8, 2024 J-GAAP
YoY +7.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 16,457 -1,015 -493 -786 -15.4 -6.2 Nov 10, 2023 J-GAAP
Oct - Dec, 2023 17,238 -1,414 -1,605 -3,715 -72.9 -8.2 Feb 13, 2024 J-GAAP
Jan - Mar, 2024 15,636 -780 -187 -497 -9.8 -5.0 May 10, 2024 J-GAAP
Apr - Jun, 2024 17,958 724 1,689 1,297 25.6 4.0 Aug 8, 2024 J-GAAP
Jul - Sep, 2024 17,411 894 -252 -398 -7.8 5.1 Nov 8, 2024 J-GAAP
YoY +5.8% +48.9% +49.4% +49.1%

Related Articles