TOKAI LEASE CO.,LTD., First Half Ordinary Profit Increases by 39%, July-September Ordinary Profit Increases by 38%

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 3:30 pm JST Earnings

9761 TOKAI LEASE CO.,LTD. 【J-GAAP】

Earnings Report

TOKAI LEASE CO.,LTD. <9761> [TSE-S] announced its financial results after the market closed on November 13th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to 463 million yen, an increase of 38.6% compared to the same period last year. The progress rate against the 630 million yen full-year plan was 73.5%, also surpassing the five-year average of 51.4%.

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 significant drop by 77.0% from the same period last year to 167 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased by 38.0% from the same period last year, reaching 374 million yen. The operating profit margin improved from 5.7% in the same period last year to 7.9%.

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	7,723	-43	-32	-67	-19.5	ー	Nov 11, 2022	J-GAAP
Apr - Sep, 2023	8,076	281	334	222	64.5	31.5	Nov 10, 2023	J-GAAP
Apr - Sep, 2024	8,376	427	463	334	96.9	73.5	Nov 13, 2024	J-GAAP
YoY	+3.7%	+52.0%	+38.6%	+50.5%	+50.3%

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	－	60	May 14, 2024	J-GAAP
Apr - Sep, 2024 Results	8,376	427	463	334	96.9	60	Nov 13, 2024	J-GAAP
Revision Rate	－	－	－	－	－

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	9,099	717	726	453	131.3	40	May 14, 2024	J-GAAP
Oct - Mar, 2024 Guidance	8,934	193	167	86	24.9	40	Nov 13, 2024	J-GAAP
YoY	-1.8%	-73.1%	-77.0%	-81.0%	-81.1%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	15,736	281	344	148	43.0	40	May 12, 2023	J-GAAP
Mar, 2024	17,175	998	1,060	675	195.6	60	May 14, 2024	J-GAAP
Mar, 2025 Guidance	17,310	620	630	420	121.5	100	May 14, 2024	J-GAAP
YoY	+0.8%	-37.9%	-40.6%	-37.8%	-37.9%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	4,269	242	271	170	49.4	5.7	Nov 10, 2023	J-GAAP
Oct - Dec, 2023	4,064	172	194	109	31.7	4.2	Feb 13, 2024	J-GAAP
Jan - Mar, 2024	5,035	545	532	344	99.7	10.8	May 14, 2024	J-GAAP
Apr - Jun, 2024	3,773	64	89	97	28.3	1.7	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	4,603	363	374	237	68.7	7.9	Nov 13, 2024	J-GAAP
YoY	+7.8%	+50.0%	+38.0%	+39.4%	+39.2%