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ISE CHEMICALS, The Current Fiscal Year Ordinary Profit Revised Upward by 14%, Raises Record High Profit Forecast, Dividend Revised Upward by 40 yen

Fri Dec 20, 2024 3:30 pm JST Revision

4107 ISE CHEMICALS CORPORATION 【J-GAAP】

Guidance Update Report

ISE CHEMICALS CORPORATION <4107> [TSE Std] announced a revision to its performance and dividend after the market closed on December 20th (15:30). The consolidated ordinary profit for the fiscal year ending December 2024 has been revised upward 13.6%, from the previous forecast of 6.6 billion yen to 7.5 billion yen (compared to 5.11 billion yen in the previous period), increasing the growth rate from 29.0% to 46.6%, further surpassing the previous forecast of record-high profits for three consecutive terms.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the July to December period (second half) consolidated ordinary profit is expected to increase 27.3%, from the previous forecast of 3.29 billion yen to 4.19 billion yen (compared to 2.72 billion yen in the same period of the previous year), increasing the growth rate from 21.1% to 54.2%.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 320 yen to 360 yen (compared to 270 yen in the previous period).

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Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2024 Prev 17,666 3,393 3,297 2,354 461.9 160 Jul 25, 2024 J-GAAP
Jul - Dec, 2024 New 17,866 4,293 4,197 2,854 560.0 200 Dec 20, 2024 J-GAAP
Revision Rate +1.1% +26.5% +27.3% +21.2% +21.2%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 Prev 33,000 6,800 6,600 4,600 902.6 320 Feb 7, 2024 J-GAAP
Dec, 2024 New 33,200 7,700 7,500 5,100 1,000.7 360 Dec 20, 2024 J-GAAP
Revision Rate +0.6% +13.2% +13.6% +10.9% +10.9%

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 13,854 2,838 2,722 1,828 358.7 160 Feb 7, 2024 J-GAAP
Jul - Dec, 2024 Guidance 17,866 4,293 4,197 2,854 560.0 200 Dec 20, 2024 J-GAAP
YoY +29.0% +51.3% +54.2% +56.1% +56.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 25,564 3,756 3,657 2,562 502.7 185 Feb 3, 2023 J-GAAP
Dec, 2023 26,413 5,296 5,117 3,672 720.5 270 Feb 7, 2024 J-GAAP
Dec, 2024 Guidance 33,200 7,700 7,500 5,100 1,000.7 360 Dec 20, 2024 J-GAAP
YoY +25.7% +45.4% +46.6% +38.9% +38.9%

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