TODA, The Current Fiscal Year Ordinary Profit Revised Downward by 28%

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Thu Dec 26, 2024 1:30 pm JST Revision

1860 TODA CORPORATION 【J-GAAP】

Guidance Update Report

TODA CORPORATION <1860> [TSE Prime] announced a performance revision in the afternoon session on December 26th (13:30). The consolidated ordinary profit for the fiscal year ending March 2025 has decreased 28.2%, from the previous forecast of 35.5 billion yen to 25.5 billion yen (compared to 25.4 billion yen in the previous period), leading to a reduction in the profit growth rate from 39.3% to 0.1%.

Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (2H) consolidated ordinary profit has decreased 36.2%, from the previous forecast of 27.6 billion yen to 17.6 billion yen (compared to 17.2 billion yen in the same period of the previous year), leading to a reduction in the profit growth rate from 60.4% to 2.4%.

Kabutan News

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2024 Prev	358,739	24,031	27,659	19,825	66.2	14.50	Nov 13, 2024	J-GAAP
Oct - Mar, 2024 New	348,739	14,031	17,659	12,825	42.8	14.50	Dec 26, 2024	J-GAAP
Revision Rate	-2.8%	-41.6%	-36.2%	-35.3%	-35.3%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	600,000	30,000	35,500	27,000	90.1	29	May 15, 2024	J-GAAP
Mar, 2025 New	590,000	20,000	25,500	20,000	66.7	29	Dec 26, 2024	J-GAAP
Revision Rate	-1.7%	-33.3%	-28.2%	-25.9%	-25.9%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2023	292,105	14,728	17,240	10,892	35.3	14	May 15, 2024	J-GAAP
Oct - Mar, 2024 Guidance	348,739	14,031	17,659	12,825	42.8	14.50	Dec 26, 2024	J-GAAP
YoY	+19.4%	-4.7%	+2.4%	+17.7%	+21.2%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	547,155	14,135	19,039	10,995	35.6	27	May 15, 2023	J-GAAP
Mar, 2024	522,434	17,908	25,483	16,101	52.2	28	May 15, 2024	J-GAAP
Mar, 2025 Guidance	590,000	20,000	25,500	20,000	66.7	29	Dec 26, 2024	J-GAAP
YoY	+12.9%	+11.7%	+0.1%	+24.2%	+27.9%