kabutan

TIEMCO LTD., The Current Fiscal Year Ordinary Profit Revised Downward to a Loss, Dividend Revised down by 5.5 yen

Wed Nov 27, 2024 12:00 pm JST Revision

7501 TIEMCO LTD. 【J-GAAP】

Guidance Update Report

TIEMCO LTD. <7501> [TSE Std] announced a revision to its performance and dividend at noon (12:00) on November 27th. The ordinary profit/loss (non-consolidated) for the fiscal year ending November 2024 has been revised downward from an expected profit of 13 million yen to a loss of 37 million yen (compared to a profit of 118 million yen in the previous period), turning to a loss outlook.

Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the June to November period (second half) ordinary profit/loss has been revised downward from an expected loss of 7 million yen to a loss of 57 million yen (compared to a loss of 6 million yen in the same period of the previous year), indicating an expansion in the loss margin.

Due to a decline in performance, the company has significantly reduced its planned year-end lump-sum dividend for the current fiscal year from the original plan of 17.5 yen to 12 yen (compared to 12 yen in the previous period).

Kabutan News

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun - Nov, 2024 Prev 1,583 -14 -7 -22 -8.9 17.50 Oct 7, 2024 J-GAAP
Jun - Nov, 2024 New 1,487 -56 -57 -135 -54.5 12 Nov 27, 2024 J-GAAP
Revision Rate -6.1% -300.0% -714.3% -513.6% -513.2%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Nov, 2024 Prev 3,284 3 13 -20 -8.1 17.50 Oct 7, 2024 J-GAAP
Nov, 2024 New 3,188 -39 -37 -133 -53.7 12 Nov 27, 2024 J-GAAP
Revision Rate -2.9% -565.0% -564.6%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun - Nov, 2023 1,589 -9 -6 10 4.1 12 Jan 19, 2024 J-GAAP
Jun - Nov, 2024 Guidance 1,487 -56 -57 -135 -54.5 12 Nov 27, 2024 J-GAAP
YoY -6.4% -522.2% -850.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Nov, 2022 3,290 113 119 126 50.9 12 Jan 19, 2023 J-GAAP
Nov, 2023 3,403 116 118 108 43.9 12 Jan 19, 2024 J-GAAP
Nov, 2024 Guidance 3,188 -39 -37 -133 -53.7 12 Nov 27, 2024 J-GAAP
YoY -6.3%

Related Articles