SWCC Corporation, The Current Fiscal Year Ordinary Profit Revised Upward by 31%, Adds to Record High Profit Forecast, Dividend Revised Upward by 10 yen

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 3:00 pm JST Earnings

5805 SWCC Corporation 【J-GAAP】

Earnings Report

SWCC Corporation <5805> [TSE-P] announced its financial results in the afternoon session on November 12th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to 7.09 billion yen, an increase of 58.7% compared to the same period last year.

In addition, the full-year consolidated ordinary profit has been revised upward by 30.8%, from the previous forecast of 13 billion yen to 17 billion yen (compared to 12.2 billion yen in the previous period), increasing the growth rate from 6.4% to 39.2%, further surpassing the previous forecast of record-high profits for three consecutive terms.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to grow by 27.9% from the same period last year, reaching 9.9 billion yen.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 110 yen to 120 yen (compared to 90 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 2.46 billion yen, a 14.1% decrease compared to the same period last year. However, the operating profit margin significantly improved from 5.7% in the same period last year to 9.2%.

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	102,285	4,310	4,361	3,714	124.4	42.0	Nov 4, 2022	J-GAAP
Apr - Sep, 2023	98,429	4,463	4,469	3,291	110.1	36.6	Nov 2, 2023	J-GAAP
Apr - Sep, 2024	117,378	10,416	7,094	3,579	121.1	41.7	Nov 12, 2024	J-GAAP
YoY	+19.3%	+133.4%	+58.7%	+8.8%	+10.1%

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	ー	ー	ー	ー	－	50	May 13, 2024	J-GAAP
Apr - Sep, 2024 Results	117,378	10,416	7,094	3,579	121.1	50	Nov 12, 2024	J-GAAP
Revision Rate	－	－	－	－	－

Guidance Update

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	225,000	13,500	13,000	9,000	304.5	110	May 13, 2024	J-GAAP
Mar, 2025 New	234,000	20,500	17,000	10,000	338.3	120	Nov 12, 2024	J-GAAP
Revision Rate	+4.0%	+51.9%	+30.8%	+11.1%	+11.1%

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	115,475	8,361	7,744	5,547	186.5	55	May 13, 2024	J-GAAP
Oct - Mar, 2024 Guidance	116,622	10,084	9,906	6,421	217.2	70	Nov 12, 2024	J-GAAP
YoY	+1.0%	+20.6%	+27.9%	+15.8%	+16.5%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	209,111	10,474	10,393	9,410	315.0	60	May 12, 2023	J-GAAP
Mar, 2024	213,904	12,824	12,213	8,838	297.1	90	May 13, 2024	J-GAAP
Mar, 2025 Guidance	234,000	20,500	17,000	10,000	338.3	120	Nov 12, 2024	J-GAAP
YoY	+9.4%	+59.9%	+39.2%	+13.1%	+13.9%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	50,014	2,860	2,870	2,111	70.6	5.7	Nov 2, 2023	J-GAAP
Oct - Dec, 2023	60,076	4,886	4,707	3,035	101.8	8.1	Feb 2, 2024	J-GAAP
Jan - Mar, 2024	55,399	3,475	3,037	2,512	84.5	6.3	May 13, 2024	J-GAAP
Apr - Jun, 2024	56,943	4,867	4,630	2,929	99.2	8.5	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	60,435	5,549	2,464	650	22.0	9.2	Nov 12, 2024	J-GAAP
YoY	+20.8%	+94.0%	-14.1%	-69.2%	-68.8%