UEKI CORPORATION, First Half Ordinary Profit Increases by 2.7 times, July-September Ordinary Profit Increases by 93%

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

1867 UEKI CORPORATION 【J-GAAP】

Earnings Report

UEKI CORPORATION <1867> [TSE-S] 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) surged by 2.7 times that of the same period last year, reaching 906 million yen. The progress rate against the 2.2 billion yen full-year plan was 41.2%, exceeding the five-year average of 30.0%.

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 drop by 44.2% from the same period last year to 1.29 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased by 93.3% from the same period last year, reaching 578 million yen. The operating profit margin improved from 2.2% in the same period last year to 5.0%.

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	21,383	486	533	306	46.3	25.0	Nov 11, 2022	J-GAAP
Apr - Sep, 2023	23,729	314	335	164	25.4	12.6	Nov 10, 2023	J-GAAP
Apr - Sep, 2024	22,487	858	906	568	87.4	41.2	Nov 8, 2024	J-GAAP
YoY	-5.2%	+173.2%	+170.4%	+246.3%	+243.8%

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	－	0	May 10, 2024	J-GAAP
Apr - Sep, 2024 Results	22,487	858	906	568	87.4	0	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	32,181	2,281	2,319	1,713	263.9	70	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	33,513	1,342	1,294	932	143.1	70	Nov 8, 2024	J-GAAP
YoY	+4.1%	-41.2%	-44.2%	-45.6%	-45.8%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	48,936	2,041	2,133	1,350	205.0	55	May 11, 2023	J-GAAP
Mar, 2024	55,910	2,595	2,654	1,877	289.1	70	May 10, 2024	J-GAAP
Mar, 2025 Guidance	56,000	2,200	2,200	1,500	230.4	70	May 10, 2024	J-GAAP
YoY	+0.2%	-15.2%	-17.1%	-20.1%	-20.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	13,002	292	299	186	28.8	2.2	Nov 10, 2023	J-GAAP
Oct - Dec, 2023	16,860	833	859	583	89.9	4.9	Feb 7, 2024	J-GAAP
Jan - Mar, 2024	15,321	1,448	1,460	1,130	174.1	9.5	May 10, 2024	J-GAAP
Apr - Jun, 2024	10,891	283	328	159	24.6	2.6	Aug 8, 2024	J-GAAP
Jul - Sep, 2024	11,596	575	578	409	62.9	5.0	Nov 8, 2024	J-GAAP
YoY	-10.8%	+96.9%	+93.3%	+119.9%	+118.3%