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MITACHI CO.,LTD., First Half Ordinary Profit Revised Upward by 67%, Full Year also Increased
3321 MITACHI CO.,LTD. 【J-GAAP】
Guidance Update ReportMITACHI CO.,LTD. <3321> [TSE-S] announced a performance revision after the market closed on November 22nd (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending May 2025 (June to November) has been revised upward by 66.7%, from the previous forecast of 600 million yen to 1 billion yen (compared to 1.02 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 41.4% to 2.3%.
Following the strong performance in the first half, the full-year consolidated ordinary profit has been revised upward by 16.7%, from the previous forecast of 1.8 billion yen to 2.1 billion yen (compared to 1.7 billion yen in the previous period), increasing the growth rate from 5.5% to 23.1%.
Kabutan News
Guidance Update
First Half Update
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
Jun - Nov, 2024 Prev | 30,000 | 600 | 600 | 400 | 50.2 | 25 | Jul 5, 2024 | J-GAAP |
Jun - Nov, 2024 New | 40,000 | 900 | 1,000 | 600 | 75.3 | 25 | Nov 22, 2024 | J-GAAP |
Revision Rate | +33.3% | +50.0% | +66.7% | +50.0% | +50.0% |
Full Year Update
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
May, 2025 Prev | 80,000 | 1,800 | 1,800 | 1,250 | 156.9 | 50 | Jul 5, 2024 | J-GAAP |
May, 2025 New | 90,000 | 1,900 | 2,100 | 1,350 | 169.4 | 50 | Nov 22, 2024 | J-GAAP |
Revision Rate | +12.5% | +5.6% | +16.7% | +8.0% | +8.0% |
Current Period Guidance
H1 Results
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
Jun - Nov, 2023 | 20,048 | 935 | 1,024 | 705 | 88.6 | 20 | Dec 27, 2023 | J-GAAP |
Jun - Nov, 2024 Guidance | 40,000 | 900 | 1,000 | 600 | 75.3 | 25 | Nov 22, 2024 | J-GAAP |
YoY | +99.5% | -3.7% | -2.3% | -14.9% | -15.0% |
Current Period Guidance
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
May, 2023 | 43,271 | 2,490 | 2,452 | 1,693 | 212.9 | 65 | Jul 7, 2023 | J-GAAP |
May, 2024 | 38,899 | 1,591 | 1,706 | 1,222 | 153.5 | 45 | Jul 5, 2024 | J-GAAP |
May, 2025 Guidance | 90,000 | 1,900 | 2,100 | 1,350 | 169.4 | 50 | Nov 22, 2024 | J-GAAP |
YoY | +131.4% | +19.4% | +23.1% | +10.5% | +10.4% |
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