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RION, Oct-Dec (3Q) Ordinary Profit Increases by 42%, Current Fiscal Year Dividend Revised Upward by 15 yen

Thu Jan 30, 2025 3:30 pm JST Earnings

6823 RION CO.,LTD. 【J-GAAP】

Earnings Report

RION CO.,LTD. <6823> [TSE Prime] announced its financial results after the market closed on January 30th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) increased 16.1% from the same period last year, reaching 3.12 billion yen. The progress rate toward the full-year plan of 3.7 billion yen was 84.6%, also surpassing the five-year average of 70.9%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to drop 34.2% from the same period last year to 0.57 billion yen.

At the same time, the company has increased its planned annual dividend for the current fiscal year from the original plan of 55 yen to 70 yen (compared to 55 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 41.6% from the same period last year, reaching 1.32 billion yen. The operating profit margin rose from 14.5% in the same period last year to 17.6%.

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Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2022 16,977 1,949 2,074 1,290 105.0 69.0 Jan 30, 2023 J-GAAP
Apr - Dec, 2023 18,508 2,626 2,694 2,002 162.7 75.6 Jan 30, 2024 J-GAAP
Apr - Dec, 2024 20,490 3,069 3,129 2,128 172.9 84.6 Jan 30, 2025 J-GAAP
YoY +10.7% +16.9% +16.1% +6.3% +6.2%

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 13,860 1,939 1,898 1,503 122.0 27 Oct 30, 2024 J-GAAP
Oct - Mar, 2024 New 13,860 1,939 1,898 1,503 122.0 42 Jan 30, 2025 J-GAAP
Revision Rate 0.0% 0.0% 0.0% 0.0% 0.0%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 26,900 3,700 3,700 2,700 219.2 55 Apr 26, 2024 J-GAAP
Mar, 2025 New 26,900 3,700 3,700 2,700 219.2 70 Jan 30, 2025 J-GAAP
Revision Rate 0.0% 0.0% 0.0% 0.0% 0.0%

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 13,625 1,780 1,805 1,394 113.3 32 Apr 26, 2024 J-GAAP
Oct - Mar, 2024 Guidance 13,860 1,939 1,898 1,503 122.0 42 Jan 30, 2025 J-GAAP
YoY +1.7% +8.9% +5.2% +7.8% +7.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 23,868 2,844 3,007 1,799 146.3 45 Apr 28, 2023 J-GAAP
Mar, 2024 25,726 3,474 3,562 2,652 215.5 55 Apr 26, 2024 J-GAAP
Mar, 2025 Guidance 26,900 3,700 3,700 2,700 219.2 70 Jan 30, 2025 J-GAAP
YoY +4.6% +6.5% +3.9% +1.8% +1.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 6,407 932 937 744 60.5 14.5 Jan 30, 2024 J-GAAP
Jan - Mar, 2024 7,218 848 868 650 52.8 11.7 Apr 26, 2024 J-GAAP
Apr - Jun, 2024 6,355 691 714 400 32.6 10.9 Jul 30, 2024 J-GAAP
Jul - Sep, 2024 6,685 1,070 1,088 797 64.8 16.0 Oct 30, 2024 J-GAAP
Oct - Dec, 2024 7,450 1,308 1,327 931 75.6 17.6 Jan 30, 2025 J-GAAP
YoY +16.3% +40.3% +41.6% +25.1% +25.1%

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