kabutan

Unozawa-gumi Iron Works,Limited, First Half Ordinary Profit Unexpectedly Revised Upward by 9%

Tue Nov 12, 2024 2:00 pm JST Earnings

6396 Unozawa-gumi Iron Works,Limited 【J-GAAP】

Earnings Report

Unozawa-gumi Iron Works,Limited <6396> [TSE-S] announced its financial results in the afternoon session on November 12th (14:00). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 9.5% from the same period last year, reaching 324 million yen, resulting in an increase in profits compared to the previous forecast of a 18.9% decrease.

The progress rate against the 510 million yen full-year plan was 63.5%, also surpassing the five-year average of 54.1%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to March period (second half) is expected to drop by 47.9% from the same period last year to 186 million yen.

In the most recent three-month period, from July to September (2Q), the ordinary profit grew by 28.6% from the same period last year, reaching 207 million yen. The operating profit margin jumped from 10.5% in the same period last year to 14.5%.

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 2,397 228 247 166 150.4 52.8 Nov 11, 2022 J-GAAP
Apr - Sep, 2023 2,705 286 296 185 168.3 45.3 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 2,522 316 324 203 184.1 63.5 Nov 12, 2024 J-GAAP
YoY -6.8% +10.5% +9.5% +9.7% +9.4%

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 2,500 240 240 160 144.9 0 May 13, 2024 J-GAAP
Apr - Sep, 2024 Results 2,522 316 324 203 184.1 0 Nov 12, 2024 J-GAAP
Revision Rate +0.9% +31.7% +35.0% +26.9% +27.1%

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 2,812 350 357 239 216.5 50 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance 2,578 184 186 147 133.1 50 Nov 12, 2024 J-GAAP
YoY -8.3% -47.4% -47.9% -38.5% -38.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 5,105 444 468 352 319.2 50 May 12, 2023 J-GAAP
Mar, 2024 5,517 636 653 424 384.1 50 May 13, 2024 J-GAAP
Mar, 2025 Guidance 5,100 500 510 350 316.9 50 May 13, 2024 J-GAAP
YoY -7.6% -21.4% -21.9% -17.5% -17.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 1,531 161 161 101 91.9 10.5 Nov 10, 2023 J-GAAP
Oct - Dec, 2023 1,256 136 143 81 73.4 10.8 Feb 13, 2024 J-GAAP
Jan - Mar, 2024 1,556 214 214 158 143.1 13.8 May 13, 2024 J-GAAP
Apr - Jun, 2024 1,076 107 117 66 60.2 9.9 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 1,446 209 207 137 124.3 14.5 Nov 12, 2024 J-GAAP
YoY -5.6% +29.8% +28.6% +35.6% +35.3%

Related Articles