Toyokumo, Inc., The Current Fiscal Year Ordinary Profit Revised Upward by 10%

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.

Wed Nov 13, 2024 11:30 am JST Earnings

4058 Toyokumo, Inc. 【J-GAAP】

Earnings Report

Toyokumo, Inc. <4058> [TSE-G] announced its financial results at noon (11:30) on November 13th. The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2024 (January to September) increased by 27.0% from the previous period non-consolidated to 842 million yen.

In addition, the full-year consolidated ordinary profit has been revised upward by 10.0%, from the previous forecast of 1 billion yen to 1.1 billion yen.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the July to December period (second half) is expected to increase by 22.7%, from the previous forecast of 441 million yen to 541 million yen.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit surged to 2.3 times that of the same period last year, reaching 283 million yen. The operating profit margin jumped from 19.6% in the same period last year to 35.2%.

Note: Since the current fiscal year, the company has transitioned to consolidated financial statements.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Jan - Sep, 2022	1,404	523	522	360	35.5	81.8	Nov 11, 2022	J-GAAP
Jan - Sep, 2023	1,764	663	663	459	43.8	75.8	Nov 13, 2023	J-GAAP
Jan - Sep, 2024	2,250	841	842	582	53.5	76.5	Nov 13, 2024	J-GAAP
YoY	+27.6%	+26.8%	+27.0%	+26.8%	+22.1%

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul - Dec, 2024 Prev	1,552	441	441	304	27.8	14	Aug 9, 2024	J-GAAP
Jul - Dec, 2024 New	1,652	541	541	374	34.2	14	Nov 13, 2024	J-GAAP
Revision Rate	+6.4%	+22.7%	+22.7%	+23.0%	+23.0%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2024 Prev	3,000	1,000	1,000	690	63.2	14	May 14, 2024	J-GAAP
Dec, 2024 New	3,100	1,100	1,100	760	69.6	14	Nov 13, 2024	J-GAAP
Revision Rate	+3.3%	+10.0%	+10.0%	+10.1%	+10.1%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul - Dec, 2023	1,292	334	334	256	24.2	10	Feb 13, 2024	J-GAAP
Jul - Dec, 2024 Guidance	1,652	541	541	374	34.2	14	Nov 13, 2024	J-GAAP
YoY	+27.9%	+62.0%	+62.0%	+46.1%	+41.6%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	1,937	639	638	427	42.2	7	Feb 13, 2023	J-GAAP
Dec, 2023	2,434	875	875	631	59.6	10	Feb 13, 2024	J-GAAP
Dec, 2024 Guidance	3,100	1,100	1,100	760	69.6	14	Nov 13, 2024	J-GAAP
YoY	+27.4%	+25.7%	+25.7%	+20.4%	+16.7%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	622	122	122	84	8.0	19.6	Nov 13, 2023	J-GAAP
Oct - Dec, 2023	670	212	212	172	16.3	31.6	Feb 13, 2024	J-GAAP
Jan - Mar, 2024	698	260	260	179	16.6	37.2	May 14, 2024	J-GAAP
Apr - Jun, 2024	750	299	299	207	19.0	39.9	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	802	282	283	196	18.0	35.2	Nov 13, 2024	J-GAAP
YoY	+28.9%	+131.1%	+132.0%	+133.3%	+124.7%