FUJI KOSAN COMPANY, LTD., First Half Ordinary Profit Decreases by 53%, July-September Ordinary Profit Decreases by 65%

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 4:00 pm JST Earnings

5009 FUJI KOSAN COMPANY, LTD. 【J-GAAP】

Earnings Report

FUJI KOSAN COMPANY, LTD. <5009> [TSE-S] announced its financial results after the market closed on November 11th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) significantly dropped by 52.6% from the same period last year to 251 million yen. The progress rate against the 800 million yen full-year plan was 31.4%, also falling below the five-year average of 46.3%.

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 expand by 31.7% from the same period last year, reaching 549 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit significantly dropped to 123 million yen, a 65.0% decrease compared to the same period last year. The operating profit margin worsened from 2.7% in the same period last year to 0.8%.

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	29,151	153	165	163	24.9	44.6	Oct 31, 2022	J-GAAP
Apr - Sep, 2023	26,152	519	529	373	56.8	55.9	Oct 31, 2023	J-GAAP
Apr - Sep, 2024	28,828	236	251	187	28.4	31.4	Nov 11, 2024	J-GAAP
YoY	+10.2%	-54.5%	-52.6%	-49.9%	-49.9%

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	30,000	190	190	140	21.3	30	May 15, 2024	J-GAAP
Apr - Sep, 2024 Results	28,828	236	251	187	28.4	30	Nov 11, 2024	J-GAAP
Revision Rate	-3.9%	+24.2%	+32.1%	+33.6%	+33.7%

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	35,760	394	417	234	35.6	65	May 15, 2024	J-GAAP
Oct - Mar, 2024 Guidance	42,172	564	549	373	56.6	56	Nov 11, 2024	J-GAAP
YoY	+17.9%	+43.1%	+31.7%	+59.4%	+59.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	65,073	345	370	408	62.2	70	May 15, 2023	J-GAAP
Mar, 2024	61,912	913	946	607	92.3	93	May 15, 2024	J-GAAP
Mar, 2025 Guidance	71,000	800	800	560	85.0	86	May 15, 2024	J-GAAP
YoY	+14.7%	-12.4%	-15.4%	-7.7%	-8.0%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	13,007	345	351	233	35.5	2.7	Oct 31, 2023	J-GAAP
Oct - Dec, 2023	18,295	402	413	279	42.5	2.2	Feb 5, 2024	J-GAAP
Jan - Mar, 2024	17,465	-8	4	-45	-6.8	0.0	May 15, 2024	J-GAAP
Apr - Jun, 2024	14,852	123	128	140	21.4	0.8	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	13,976	113	123	47	7.1	0.8	Nov 11, 2024	J-GAAP
YoY	+7.4%	-67.2%	-65.0%	-79.8%	-79.9%