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.
(C) 2024 MINKABU THE INFONOID, Inc.

RINKO CORPORATION, July-September (2Q) Ordinary Profit Decreases by 63%

Fri Nov 8, 2024 4:00 pm JST Earnings

9355 RINKO CORPORATION 【J-GAAP】

Earnings Report

RINKO CORPORATION <9355> [TSE-S] announced its financial results after the market closed on November 8th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to 218 million yen, an increase of 47.3% compared to the same period last year. The progress rate against the 400 million yen full-year plan was 54.5%, also surpassing the five-year average of 51.2%.

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 expand by 44.4% from the same period last year, reaching 182 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit significantly dropped to 17 million yen, a 63.0% decrease compared to the same period last year. The operating profit margin worsened from 1.9% in the same period last year to 0.9%.

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 6,561 52 210 445 165.2 49.1 Nov 8, 2022 J-GAAP
Apr - Sep, 2023 6,535 66 148 238 88.3 54.0 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 6,652 148 218 177 69.4 54.5 Nov 8, 2024 J-GAAP
YoY +1.8% +124.2% +47.3% -25.6% -21.4%

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 － － May 10, 2024 J-GAAP
Apr - Sep, 2024 Results 6,652 148 218 177 69.4 － 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 6,575 86 126 119 44.4 30 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 6,848 202 182 203 79.0 30 Nov 8, 2024 J-GAAP
YoY +4.2% +134.9% +44.4% +70.6% +77.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 13,442 208 428 683 253.3 30 May 11, 2023 J-GAAP
Mar, 2024 13,110 152 274 357 133.2 30 May 10, 2024 J-GAAP
Mar, 2025 Guidance 13,500 350 400 380 147.9 30 May 10, 2024 J-GAAP
YoY +3.0% +130.3% +46.0% +6.4% +11.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 3,252 62 46 26 9.7 1.9 Nov 10, 2023 J-GAAP
Oct - Dec, 2023 3,430 112 165 158 58.6 3.3 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 3,145 -26 -39 -39 -14.6 -0.8 May 10, 2024 J-GAAP
Apr - Jun, 2024 3,383 117 201 143 56.0 3.5 Aug 8, 2024 J-GAAP
Jul - Sep, 2024 3,269 31 17 34 13.3 0.9 Nov 8, 2024 J-GAAP
YoY +0.5% -50.0% -63.0% +30.8% +38.1%

Related Articles