Miroku, Last Fiscal Year Net Income Revised Downward to a Loss, Dividend Revised down by 8 yen

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Fri Dec 6, 2024 3:30 pm JST Revision

7983 Miroku Corporation 【J-GAAP】

Guidance Update Report

Miroku Corporation <7983> [TSE Std] announced a revision to its performance and dividend after the market closed on December 6th (15:30). The consolidated net income/loss for the fiscal year ending October 2024 has been revised downward from an expected profit of 160 million yen to a loss of 2.29 billion yen (compared to a profit of 481 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 May to October period (second half) consolidated net income/loss has been revised downward from an expected profit of 135 million yen to a loss of 2.31 billion yen (compared to a profit of 48 million yen in the same period of the previous year), turning to a loss outlook.

Due to a decline in performance, the company has significantly reduced its planned annual dividend for the last fiscal year from the original plan of 20 yen to 12 yen (compared to 45 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
May - Oct, 2024 Prev	6,289	5	121	135	45.8	10	Jun 5, 2024	J-GAAP
May - Oct, 2024 New	5,507	-524	-362	-2,319	-786.2	2	Dec 6, 2024	J-GAAP
Revision Rate	-12.4%	－	－	－	－

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct, 2024 Prev	11,700	10	220	160	54.2	20	Jun 5, 2024	J-GAAP
Oct, 2024 New	10,918	-519	-263	-2,294	-777.7	12	Dec 6, 2024	J-GAAP
Revision Rate	-6.7%	－	－	－	－

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
May - Oct, 2023	5,927	30	142	48	16.3	25	Dec 15, 2023	J-GAAP
May - Oct, 2024 Guidance	5,507	-524	-362	-2,319	-786.2	2	Dec 6, 2024	J-GAAP
YoY	-7.1%	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct, 2022	11,471	659	808	512	173.6	40	Dec 15, 2022	J-GAAP
Oct, 2023	11,887	553	795	481	163.1	45	Dec 15, 2023	J-GAAP
Oct, 2024 Guidance	10,918	-519	-263	-2,294	-777.7	12	Dec 6, 2024	J-GAAP
YoY	-8.2%	－	－	－	－