SIIX Corp., January-September (Third Quarter Cumulative) Ordinary Profit Decreases by 37%, July-September Ordinary Profit Decreases by 40%

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

7613 SIIX Corp. 【J-GAAP】

Earnings Report

SIIX Corp. <7613> [TSE-P] 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) dropped by 36.9% from the same period last year to 5.86 billion yen. The progress rate against the 8.1 billion yen full-year plan was 72.4%, almost the same as the five-year average of 74.0%.

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 decrease by 12.3% from the same period last year to 2.23 billion yen.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit dropped to 2.06 billion yen, a 40.2% decrease compared to the same period last year. The operating profit margin worsened from 4.4% in the same period last year to 3.6%.

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	201,917	6,564	6,464	3,418	72.3	77.5	Nov 14, 2022	J-GAAP
Jan - Sep, 2023	229,691	9,205	9,301	6,089	129.0	78.5	Nov 13, 2023	J-GAAP
Jan - Sep, 2024	225,048	6,384	5,865	3,396	72.1	72.4	Nov 8, 2024	J-GAAP
YoY	-2.0%	-30.6%	-36.9%	-44.2%	-44.1%

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	159,156	6,543	5,994	4,244	90.0	28	Feb 14, 2024	J-GAAP
Jul - Dec, 2024 Guidance	170,643	4,855	4,296	2,709	57.5	24	Aug 9, 2024	J-GAAP
YoY	+7.2%	-25.8%	-28.3%	-36.2%	-36.1%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	277,031	8,929	8,337	4,733	100.1	31	Feb 14, 2023	J-GAAP
Dec, 2023	309,768	12,254	11,849	8,185	173.6	44	Feb 14, 2024	J-GAAP
Dec, 2024 Guidance	320,000	8,500	8,100	4,600	97.7	48	Aug 9, 2024	J-GAAP
YoY	+3.3%	-30.6%	-31.6%	-43.8%	-43.7%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	79,079	3,494	3,446	2,148	45.5	4.4	Nov 13, 2023	J-GAAP
Oct - Dec, 2023	80,077	3,049	2,548	2,096	44.4	3.8	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	73,487	1,671	1,837	986	21.0	2.3	May 13, 2024	J-GAAP
Apr - Jun, 2024	75,870	1,974	1,967	905	19.2	2.6	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	75,691	2,739	2,061	1,505	32.0	3.6	Nov 8, 2024	J-GAAP
YoY	-4.3%	-21.6%	-40.2%	-29.9%	-29.8%