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.

Showa Manufacturing Co.,Ltd., First Half Ordinary Profit Unexpectedly Revised Upward by 56%

Fri Nov 8, 2024 4:30 pm JST Earnings

5953 Showa Manufacturing Co.,Ltd. 【J-GAAP】

Earnings Report

Showa Manufacturing Co.,Ltd. <5953> [FukuokaSE] announced its financial results after the market closed on November 8th (16:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to 449 million yen, an increase of 56.4% compared to the same period last year, resulting in an increase in profits compared to the previous forecast of a 72.1% decrease.

The progress rate against the 780 million yen full-year plan was 57.6%, also surpassing the progress rate of 34.5% from the same period of the previous year.

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 drop by 39.3% from the same period last year to 331 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 265 million yen, a 15.9% decrease compared to the same period last year. However, the operating profit margin improved from 8.2% in the same period last year to 9.3%.

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 5,611 -299 -221 -154 -187.8 ー Nov 9, 2022 J-GAAP
Apr - Sep, 2023 6,117 182 287 194 235.6 34.5 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 6,352 399 449 272 330.4 57.6 Nov 8, 2024 J-GAAP
YoY +3.8% +119.2% +56.4% +40.2% +40.2%

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 6,000 30 80 60 72.8 0 May 10, 2024 J-GAAP
Apr - Sep, 2024 Results 6,352 399 449 272 330.4 0 Nov 8, 2024 J-GAAP
Revision Rate +5.9% +1,230.0% +461.3% +353.3% +353.8%

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 7,398 480 545 854 1,037.3 140 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 7,448 271 331 308 373.9 70 Nov 8, 2024 J-GAAP
YoY +0.7% -43.5% -39.3% -63.9% -64.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 12,042 -63 56 78 95.8 50 May 12, 2023 J-GAAP
Mar, 2024 13,515 662 832 1,048 1,272.9 140 May 10, 2024 J-GAAP
Mar, 2025 Guidance 13,800 670 780 580 704.0 70 May 10, 2024 J-GAAP
YoY +2.1% +1.2% -6.3% -44.7% -44.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 3,574 293 315 224 272.1 8.2 Nov 10, 2023 J-GAAP
Oct - Dec, 2023 3,456 230 268 282 342.6 6.7 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 3,942 250 277 572 694.7 6.3 May 10, 2024 J-GAAP
Apr - Jun, 2024 2,723 63 184 62 76.0 2.3 Aug 7, 2024 J-GAAP
Jul - Sep, 2024 3,629 336 265 210 255.1 9.3 Nov 8, 2024 J-GAAP
YoY +1.5% +14.7% -15.9% -6.3% -6.2%

Related Articles