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

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%.

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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%

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