kabutan

Tokyo Century Corporation, July-September (2Q) Ordinary Profit Decreases by 7%

Fri Nov 8, 2024 3:30 pm JST Earnings

8439 Tokyo Century Corporation 【J-GAAP】

Earnings Report

Tokyo Century Corporation <8439> [TSE-P] announced its financial results after the market closed on November 8th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 7.6% from the same period last year, reaching 63.6 billion yen. The progress rate against the 125 billion yen full-year plan was 51.0%, almost the same as the five-year average of 53.8%.

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 grow by 5.5% from the same period last year, reaching 61.3 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 25.5 billion yen, a 7.1% decrease compared to the same period last year. The operating profit margin worsened from 7.0% in the same period last year to 6.6%.

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 626,482 49,355 55,838 -6,274 -12.8 52.6 Nov 7, 2022 J-GAAP
Apr - Sep, 2023 685,458 53,093 59,217 35,602 72.7 50.5 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 665,887 56,297 63,691 43,116 88.1 51.0 Nov 8, 2024 J-GAAP
YoY -2.9% +6.0% +7.6% +21.1% +21.2%

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 － 29 May 14, 2024 J-GAAP
Apr - Sep, 2024 Results 665,887 56,297 63,691 43,116 88.1 29 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 660,655 51,132 58,086 36,534 74.6 27 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance ー ー 61,309 36,884 75.6 29 Nov 8, 2024 J-GAAP
YoY － － +5.5% +1.0% +1.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 1,324,962 91,221 106,194 4,765 9.7 35.75 May 12, 2023 J-GAAP
Mar, 2024 1,346,113 104,225 117,303 72,136 147.3 52 May 14, 2024 J-GAAP
Mar, 2025 Guidance ー ー 125,000 80,000 164.0 58 May 14, 2024 J-GAAP
YoY － － +6.6% +10.9% +11.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 356,468 24,844 27,444 17,386 35.5 7.0 Nov 10, 2023 J-GAAP
Oct - Dec, 2023 317,905 28,721 31,955 21,452 43.8 9.0 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 342,750 22,411 26,131 15,082 30.8 6.5 May 14, 2024 J-GAAP
Apr - Jun, 2024 334,274 34,457 38,189 23,008 47.0 10.3 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 331,613 21,840 25,502 20,108 41.1 6.6 Nov 8, 2024 J-GAAP
YoY -7.0% -12.1% -7.1% +15.7% +15.7%

Related Articles