kabutan

OIE SANGYO CO.,LTD., First Half Ordinary Profit Increases by 12%, July-September Ordinary Profit Increases by 24%

Mon Nov 11, 2024 3:30 pm JST Earnings

7481 OIE SANGYO CO.,LTD. 【J-GAAP】

Earnings Report

OIE SANGYO CO.,LTD. <7481> [TSE-S] announced its financial results after the market closed on November 11th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 12.0% from the previous period non-consolidated to 1.96 billion yen. The progress rate against the 3.51 billion yen full-year plan was 55.9%, almost the same as the five-year average of 58.3%.

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 2.3% from the same period last year, reaching 1.54 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew by 23.6% from the same period last year, reaching 1.06 billion yen. The operating profit margin improved from 3.0% in the same period last year to 3.6%.

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 44,479 658 678 573 63.4 38.5 Nov 8, 2022 J-GAAP
Apr - Sep, 2023 54,549 1,728 1,752 1,171 129.5 53.7 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 58,323 1,944 1,962 1,515 183.0 55.9 Nov 11, 2024 J-GAAP
YoY +6.9% +12.5% +12.0% +29.4% +41.3%

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 58,300 1,940 1,960 1,510 182.2 45 Nov 8, 2024 J-GAAP
Apr - Sep, 2024 Results 58,323 1,944 1,962 1,515 183.0 45 Nov 11, 2024 J-GAAP
Revision Rate +0.0% +0.2% +0.1% +0.3% +0.5%

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 56,826 1,515 1,513 1,884 212.4 60 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 60,377 1,476 1,548 915 110.4 45 Nov 11, 2024 J-GAAP
YoY +6.2% -2.6% +2.3% -51.4% -48.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 94,833 1,692 1,760 1,633 180.6 30 May 12, 2023 J-GAAP
Mar, 2024 111,375 3,243 3,265 3,055 344.4 90 May 10, 2024 J-GAAP
Mar, 2025 Guidance 118,700 3,420 3,510 2,430 293.2 90 May 10, 2024 J-GAAP
YoY +6.6% +5.5% +7.5% -20.5% -14.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 27,919 847 860 583 64.5 3.0 Nov 10, 2023 J-GAAP
Oct - Dec, 2023 30,449 824 837 563 62.2 2.7 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 26,377 691 676 1,321 148.9 2.6 May 10, 2024 J-GAAP
Apr - Jun, 2024 28,512 885 899 791 95.6 3.1 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 29,811 1,059 1,063 724 87.5 3.6 Nov 11, 2024 J-GAAP
YoY +6.8% +25.0% +23.6% +24.2% +35.7%

Related Articles