MASARU CORPORATION, Last Fiscal Year Ordinary Profit Revised Downward by 6%, Dividend Revised Upward by 15 yen

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Mon Nov 11, 2024 3:00 pm JST Revision

1795 MASARU CORPORATION 【J-GAAP】

Guidance Update Report

MASARU CORPORATION <1795> [TSE-S] announced a revision to its performance and dividend in the afternoon session on November 11th (15:00). The consolidated ordinary profit for the fiscal year ending September 2024 has downwardly by 6.4%, from the previous forecast of 450 million yen to 421 million yen (compared to 522 million yen in the previous period), leading to an increase in the profit decline rate from 13.8% to 19.3%.

Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the April to September period (second half) consolidated ordinary profit has downwardly by 67.4%, from the previous forecast of 43 million yen to 14 million yen (compared to 251 million yen in the same period of the previous year), leading to an increase in the profit decline rate from 82.9% to 94.4%.

At the same time, the company has increased its planned year-end lump-sum dividend for the last fiscal year from the original plan of 110 yen to 125 yen (compared to 140 yen in the previous period).

Kabutan News

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024 Prev	4,092	37	43	25	28.2	110	May 9, 2024	J-GAAP
Apr - Sep, 2024 New	4,289	14	14	7	7.8	125	Nov 11, 2024	J-GAAP
Revision Rate	+4.8%	-62.2%	-67.4%	-72.0%	-72.5%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep, 2024 Prev	8,750	430	450	295	332.9	110	Nov 14, 2023	J-GAAP
Sep, 2024 New	8,947	407	421	277	306.9	125	Nov 11, 2024	J-GAAP
Revision Rate	+2.3%	-5.3%	-6.4%	-6.1%	-7.8%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	4,576	241	251	166	189.0	140	Nov 14, 2023	J-GAAP
Apr - Sep, 2024 Guidance	4,289	14	14	7	7.8	125	Nov 11, 2024	J-GAAP
YoY	-6.3%	-94.2%	-94.4%	-95.8%	-95.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep, 2022	6,959	198	232	191	218.6	80	Nov 14, 2022	J-GAAP
Sep, 2023	8,635	504	522	344	391.7	140	Nov 14, 2023	J-GAAP
Sep, 2024 Guidance	8,947	407	421	277	306.9	125	Nov 11, 2024	J-GAAP
YoY	+3.6%	-19.2%	-19.3%	-19.5%	-21.7%