SANDEN CORPORATION, January-September (Third Quarter Cumulative) Ordinary Profit Turns to Profit, Exceeds Full-Year Plan

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Thu Nov 14, 2024 4:00 pm JST Earnings

6444 SANDEN CORPORATION 【J-GAAP】

Earnings Report

SANDEN CORPORATION <6444> [TSE-S] announced its financial results after the market closed on November 14th (16:00). The consolidated ordinary profit/loss for the cumulative third quarter of the fiscal year ending December 2024 (January to September) turned into a profit of 48 million yen (compared to a loss of 2.19 billion yen in the same period last year). This has already exceeded the planned deficit of loss of 2.8 billion yen for the .

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary loss for the October to December period (4Q) is expected to further decrease to loss of 2.84 billion yen (compared to a loss of 6.19 billion yen in the same period last year).

In the most recent three-month period, from July to September (3Q), the consolidated ordinary loss expanded to a loss of 1.36 billion yen (compared to a loss of 1.2 billion yen in the same period last year). However, the operating profit/loss margin improved from -4.6% in the same period last year to -2.2%.

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	127,991	-5,507	-2,897	-2,498	-22.4	ー	Nov 9, 2022	J-GAAP
Jan - Sep, 2023	131,715	-6,428	-2,192	-1,773	-15.9	ー	Nov 10, 2023	J-GAAP
Jan - Sep, 2024	137,827	-4,341	48	128	1.2	ー	Nov 14, 2024	J-GAAP
YoY	+4.6%	+32.5%	－	－	－

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	91,790	-6,603	-7,398	-3,044	-27.3	0	Feb 14, 2024	J-GAAP
Jul - Dec, 2024 Guidance	85,823	-3,404	-4,209	-2,100	-18.9	0	Aug 9, 2024	J-GAAP
YoY	-6.5%	+48.4%	+43.1%	+31.0%	+31.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	175,683	-5,729	-4,140	-1,613	-14.5	0	Feb 14, 2023	J-GAAP
Dec, 2023	179,279	-11,018	-8,382	-3,359	-30.2	0	Feb 14, 2024	J-GAAP
Dec, 2024 Guidance	180,000	-6,800	-2,800	-1,600	-14.4	0	Feb 14, 2024	J-GAAP
YoY	+0.4%	+38.3%	+66.6%	+52.4%	+52.4%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	44,226	-2,013	-1,208	-1,458	-13.1	-4.6	Nov 10, 2023	J-GAAP
Oct - Dec, 2023	47,564	-4,590	-6,190	-1,586	-14.2	-9.7	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	46,453	-1,752	622	299	2.7	-3.8	May 15, 2024	J-GAAP
Apr - Jun, 2024	47,724	-1,644	787	201	1.8	-3.4	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	43,650	-945	-1,361	-372	-3.4	-2.2	Nov 14, 2024	J-GAAP
YoY	-1.3%	+53.1%	-12.7%	+74.5%	+74.3%