Torishima Pump Mfg.Co.,Ltd., The Current Fiscal Year Ordinary Profit Revised Downward to an Unexpected 13% Decrease

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.

Thu Nov 14, 2024 3:30 pm JST Earnings

6363 Torishima Pump Mfg.Co.,Ltd. 【J-GAAP】

Earnings Report

Torishima Pump Mfg.Co.,Ltd. <6363> [TSE-P] announced its financial results after the market closed on November 14th (15:30). The consolidated ordinary profit/loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) turned into a loss of 168 million yen (compared to a profit of 1.9 billion yen in the same period last year).

In addition, the full-year consolidated ordinary profit has downwardly by 12.7%, from the previous forecast of 6.3 billion yen to 5.5 billion yen (compared to 6.29 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 12.7% decrease in profit.

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 29.0% from the same period last year, reaching 5.66 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit/loss turned to a loss of 952 million yen (compared to a profit of 906 million yen in the same period last year). The operating profit/loss margin drastically worsened from 4.0% in the same period last year to -0.2%.

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	25,130	981	1,212	796	30.2	21.3	Nov 10, 2022	J-GAAP
Apr - Sep, 2023	33,877	1,877	1,903	1,295	48.9	30.2	Nov 10, 2023	J-GAAP
Apr - Sep, 2024	37,565	635	-168	459	17.3	ー	Nov 14, 2024	J-GAAP
YoY	+10.9%	-66.2%	－	-64.6%	-64.6%

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	－	30	May 14, 2024	J-GAAP
Apr - Sep, 2024 Results	37,565	635	-168	459	17.3	30	Nov 14, 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	86,000	7,300	6,300	5,300	199.2	60	May 14, 2024	J-GAAP
Mar, 2025 New	88,000	6,200	5,500	4,800	180.4	60	Nov 14, 2024	J-GAAP
Revision Rate	+2.3%	-15.1%	-12.7%	-9.4%	-9.4%

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	47,226	4,945	4,394	4,930	186.0	30	May 14, 2024	J-GAAP
Oct - Mar, 2024 Guidance	50,435	5,565	5,668	4,341	163.2	30	Nov 14, 2024	J-GAAP
YoY	+6.8%	+12.5%	+29.0%	-11.9%	-12.3%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	64,659	5,927	5,693	4,404	166.5	52	May 11, 2023	J-GAAP
Mar, 2024	81,103	6,822	6,297	6,225	234.8	58	May 14, 2024	J-GAAP
Mar, 2025 Guidance	88,000	6,200	5,500	4,800	180.4	60	Nov 14, 2024	J-GAAP
YoY	+8.5%	-9.1%	-12.7%	-22.9%	-23.2%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	16,546	666	906	449	17.0	4.0	Nov 10, 2023	J-GAAP
Oct - Dec, 2023	23,945	2,196	1,333	1,082	40.8	9.2	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	23,281	2,749	3,061	3,848	145.2	11.8	May 14, 2024	J-GAAP
Apr - Jun, 2024	17,518	678	784	1,272	47.9	3.9	Aug 8, 2024	J-GAAP
Jul - Sep, 2024	20,047	-43	-952	-813	-30.6	-0.2	Nov 14, 2024	J-GAAP
YoY	+21.2%	－	－	－	－