Onamba Co.,Ltd., The Current Fiscal Year Ordinary Profit Revised Downward by 32%, Dividend Revised down by 5 yen

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

5816 Onamba Co.,Ltd. 【J-GAAP】

Earnings Report

Onamba Co.,Ltd. <5816> [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) dropped by 39.3% from the same period last year to 1.33 billion yen.

In addition, the full-year consolidated ordinary profit has downwardly by 32.0%, from the previous forecast of 2.5 billion yen to 1.7 billion yen (compared to 2.53 billion yen in the previous period), leading to an increase in the profit decline rate from 1.3% to 32.9%.

Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated ordinary profit for the July to December period (second half) has downwardly by 59.0%, from the previous forecast of 1.35 billion yen to 557 million yen (compared to 921 million yen in the same period of the previous year). This changes the outlook from an anticipated profit increase to a projection of a 39.5% decrease in profit.

Due to a decline in performance, the company has reduced its planned annual dividend for the current fiscal year from the original plan of 62 yen to 57 yen (compared to 41 yen in the previous period).

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit significantly dropped to 195 million yen, a 67.2% decrease compared to the same period last year. The operating profit margin worsened from 5.2% in the same period last year to 4.8%.

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	31,686	1,538	1,813	1,178	96.7	62.3	Nov 4, 2022	J-GAAP
Jan - Sep, 2023	33,544	2,044	2,206	1,633	134.1	87.1	Nov 2, 2023	J-GAAP
Jan - Sep, 2024	33,530	1,382	1,338	2,096	172.0	78.7	Nov 8, 2024	J-GAAP
YoY	0.0%	-32.4%	-39.3%	+28.4%	+28.3%

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul - Dec, 2024 Prev	23,514	1,643	1,357	1,079	88.5	22	Aug 2, 2024	J-GAAP
Jul - Dec, 2024 New	21,714	943	557	379	31.1	17	Nov 8, 2024	J-GAAP
Revision Rate	-7.7%	-42.6%	-59.0%	-64.9%	-64.9%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2024 Prev	46,000	2,500	2,500	3,000	246.2	62	Feb 13, 2024	J-GAAP
Dec, 2024 New	44,200	1,800	1,700	2,300	188.7	57	Nov 8, 2024	J-GAAP
Revision Rate	-3.9%	-28.0%	-32.0%	-23.3%	-23.3%

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	22,219	999	921	865	71.0	27	Feb 13, 2024	J-GAAP
Jul - Dec, 2024 Guidance	21,714	943	557	379	31.1	17	Nov 8, 2024	J-GAAP
YoY	-2.3%	-5.6%	-39.5%	-56.2%	-56.2%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	43,638	2,528	2,912	2,133	175.1	24	Feb 3, 2023	J-GAAP
Dec, 2023	44,758	2,471	2,532	1,984	162.8	41	Feb 13, 2024	J-GAAP
Dec, 2024 Guidance	44,200	1,800	1,700	2,300	188.7	57	Nov 8, 2024	J-GAAP
YoY	-1.2%	-27.2%	-32.9%	+15.9%	+15.9%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	11,005	572	595	514	42.2	5.2	Nov 2, 2023	J-GAAP
Oct - Dec, 2023	11,214	427	326	351	28.8	3.8	Feb 13, 2024	J-GAAP
Jan - Mar, 2024	11,145	402	523	346	28.4	3.6	May 9, 2024	J-GAAP
Apr - Jun, 2024	11,341	455	620	1,575	129.3	4.0	Aug 2, 2024	J-GAAP
Jul - Sep, 2024	11,044	525	195	175	14.4	4.8	Nov 8, 2024	J-GAAP
YoY	+0.4%	-8.2%	-67.2%	-66.0%	-66.0%