PILLAR Corporation, First Half Ordinary Profit Decreases by 23%, July-September Ordinary Profit Decreases by 27%

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.

Mon Nov 11, 2024 2:30 pm JST Earnings

6490 PILLAR Corporation 【J-GAAP】

Earnings Report

PILLAR Corporation <6490> [TSE-P] announced its financial results in the afternoon session on November 11th (14:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) decreased by 22.9% from the same period last year to 5.75 billion yen. The progress rate against the 13 billion yen full-year plan was 44.3%, almost the same as the five-year average of 46.2%.

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 decrease by 5.0% from the same period last year to 7.24 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 2.83 billion yen, a 27.3% decrease compared to the same period last year. The operating profit margin decreased from 24.9% in the same period last year to 21.6%.

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	22,681	6,813	7,292	5,411	228.8	51.6	Nov 10, 2022	J-GAAP
Apr - Sep, 2023	28,072	6,897	7,467	5,169	221.9	49.5	Nov 14, 2023	J-GAAP
Apr - Sep, 2024	28,534	5,825	5,754	3,887	166.7	44.3	Nov 11, 2024	J-GAAP
YoY	+1.6%	-15.5%	-22.9%	-24.8%	-24.9%

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 13, 2024	J-GAAP
Apr - Sep, 2024 Results	28,534	5,825	5,754	3,887	166.7	54	Nov 11, 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	30,533	7,309	7,631	5,611	240.8	99	May 13, 2024	J-GAAP
Oct - Mar, 2024 Guidance	33,466	7,175	7,246	5,113	219.1	71	Nov 11, 2024	J-GAAP
YoY	+9.6%	-1.8%	-5.0%	-8.9%	-9.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	48,702	13,842	14,136	10,428	443.0	133	May 12, 2023	J-GAAP
Mar, 2024	58,605	14,206	15,098	10,780	462.6	159	May 13, 2024	J-GAAP
Mar, 2025 Guidance	62,000	13,000	13,000	9,000	385.7	125	May 13, 2024	J-GAAP
YoY	+5.8%	-8.5%	-13.9%	-16.5%	-16.6%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	15,340	3,822	3,892	2,621	112.5	24.9	Nov 14, 2023	J-GAAP
Oct - Dec, 2023	14,709	3,707	3,751	2,535	108.8	25.2	Feb 13, 2024	J-GAAP
Jan - Mar, 2024	15,824	3,602	3,880	3,076	132.0	22.8	May 13, 2024	J-GAAP
Apr - Jun, 2024	13,096	2,496	2,924	1,962	84.2	19.1	Aug 6, 2024	J-GAAP
Jul - Sep, 2024	15,438	3,329	2,830	1,925	82.6	21.6	Nov 11, 2024	J-GAAP
YoY	+0.6%	-12.9%	-27.3%	-26.6%	-26.6%