ENDO MANUFACTURING CO.,LTD., January-September (Third Quarter Cumulative) Ordinary Profit Increases by 65%, July-September Ordinary Profit Increases by 2.9 times

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 3:30 pm JST Earnings

7841 ENDO MANUFACTURING CO.,LTD. 【J-GAAP】

Earnings Report

ENDO MANUFACTURING CO.,LTD. <7841> [TSE-S] announced its financial results after the market closed on November 8th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2024 (January to September) expanded to 1.37 billion yen, an increase of 64.9% compared to the same period last year. The progress rate against the 1.75 billion yen full-year plan was 78.5%, it was below the five-year average of 102.6%.

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 for the October to December period (4Q) is expected to grow by 19.0% from the same period last year, reaching 376 million yen.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit surged to 2.9 times that of the same period last year, reaching 380 million yen. The operating profit margin drastically improved from 3.2% in the same period last year to 9.8%.

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	10,866	1,621	1,665	1,281	146.5	91.0	Nov 8, 2022	J-GAAP
Jan - Sep, 2023	11,554	714	833	464	53.1	72.5	Nov 8, 2023	J-GAAP
Jan - Sep, 2024	13,183	1,328	1,374	986	112.7	78.5	Nov 8, 2024	J-GAAP
YoY	+14.1%	+86.0%	+64.9%	+112.5%	+112.2%

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	7,839	580	445	289	33.1	20	Feb 14, 2024	J-GAAP
Jul - Dec, 2024 Guidance	8,906	821	756	518	59.0	40	Aug 6, 2024	J-GAAP
YoY	+13.6%	+41.6%	+69.9%	+79.2%	+78.6%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	14,582	1,851	1,829	796	91.1	18	Feb 14, 2023	J-GAAP
Dec, 2023	15,709	1,176	1,149	762	87.2	20	Feb 14, 2024	J-GAAP
Dec, 2024 Guidance	17,500	1,700	1,750	1,250	142.5	40	Aug 6, 2024	J-GAAP
YoY	+11.4%	+44.6%	+52.3%	+64.0%	+63.4%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	3,684	118	129	-9	-1.0	3.2	Nov 8, 2023	J-GAAP
Oct - Dec, 2023	4,155	462	316	298	34.1	11.1	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	4,329	477	487	354	40.5	11.0	May 10, 2024	J-GAAP
Apr - Jun, 2024	4,265	402	507	378	43.2	9.4	Aug 6, 2024	J-GAAP
Jul - Sep, 2024	4,589	449	380	254	29.0	9.8	Nov 8, 2024	J-GAAP
YoY	+24.6%	+280.5%	+194.6%	－	－