UCHIYAMA HOLDINGS Co.,Ltd., First Half Ordinary Profit Decreases by 44%

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.

Tue Nov 12, 2024 12:00 pm JST Earnings

6059 UCHIYAMA HOLDINGS Co.,Ltd. 【J-GAAP】

Earnings Report

UCHIYAMA HOLDINGS Co.,Ltd. <6059> [TSE-S] announced its financial results at noon (12:00) on November 12th. The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) dropped by 44.4% from the same period last year to 295 million yen, fell short of the previous forecast of 389 million yen.

The progress rate against the 1.16 billion yen full-year plan was 25.4%, also falling below the same period of the previous year of 44.7%.

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 31.6% from the same period last year, reaching 866 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit significantly dropped to 120 million yen, a 60.0% decrease compared to the same period last year. The operating profit margin worsened from 3.1% in the same period last year to 1.0%.

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	13,253	-410	-167	-66	-3.4	ー	Nov 11, 2022	J-GAAP
Apr - Sep, 2023	14,276	281	531	214	11.1	44.7	Nov 10, 2023	J-GAAP
Apr - Sep, 2024	14,505	149	295	323	16.7	25.4	Nov 12, 2024	J-GAAP
YoY	+1.6%	-47.0%	-44.4%	+50.9%	+50.2%

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	14,799	375	389	165	8.5	5	May 10, 2024	J-GAAP
Apr - Sep, 2024 Results	14,505	149	295	323	16.7	5	Nov 12, 2024	J-GAAP
Revision Rate	-2.0%	-60.3%	-24.2%	+95.8%	+95.9%

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	14,566	308	658	-1	-0.1	5	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	15,611	985	866	110	5.7	5	Nov 12, 2024	J-GAAP
YoY	+7.2%	+219.8%	+31.6%	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	26,911	-798	-139	-400	-20.7	5	May 12, 2023	J-GAAP
Mar, 2024	28,842	589	1,189	213	11.1	10	May 10, 2024	J-GAAP
Mar, 2025 Guidance	30,116	1,134	1,161	433	22.3	10	May 10, 2024	J-GAAP
YoY	+4.4%	+92.5%	-2.4%	+103.3%	+102.2%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	7,205	223	300	113	5.9	3.1	Nov 10, 2023	J-GAAP
Oct - Dec, 2023	7,300	207	322	158	8.2	2.8	Feb 9, 2024	J-GAAP
Jan - Mar, 2024	7,266	101	336	-159	-8.3	1.4	May 10, 2024	J-GAAP
Apr - Jun, 2024	7,201	74	175	40	2.1	1.0	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	7,304	75	120	283	14.6	1.0	Nov 12, 2024	J-GAAP
YoY	+1.4%	-66.4%	-60.0%	+150.4%	+149.3%