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TANAKA CHEMICAL, The Current Fiscal Year Ordinary Profit Revised Downward by 29%

Thu Jan 30, 2025 4:00 pm JST Earnings

4080 TANAKA CHEMICAL CORPORATION 【J-GAAP】

Earnings Report

TANAKA CHEMICAL CORPORATION <4080> [TSE Std] announced its financial results after the market closed on January 30th (16:00). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending March 2025 (April to December) dropped 47.5% from the same period last year to 1.05 billion yen.

In addition, the full-year ordinary profit has decreased 28.6%, from the previous forecast of 1.4 billion yen to 1 billion yen (compared to 2.78 billion yen in the previous period), leading to an increase in the profit decline rate from 49.7% to 64.1%.

Based on the full-year plan announced by the company after the downward revision, our estimate of the ordinary profit/loss for the October to March period (2H) has been revised downward from an expected profit of 0.33 billion yen to a loss of 0.06 billion yen (compared to a profit of 1.09 billion yen in the same period of the previous year), turning to a loss outlook.

In the most recent three-month period, from October to December (3Q), the ordinary profit/loss turned to a loss of 0 billion yen (compared to a profit of 0.31 billion yen in the same period last year). The operating profit/loss margin drastically worsened from 4.2% in the same period last year to -1.4%.

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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 44,636 2,504 2,393 2,161 66.4 151.6 Jan 27, 2023 J-GAAP
Apr - Dec, 2023 35,925 2,254 2,009 1,728 53.1 72.2 Feb 1, 2024 J-GAAP
Apr - Dec, 2024 27,048 979 1,055 1,098 33.8 105.5 Jan 30, 2025 J-GAAP
YoY -24.7% -56.6% -47.5% -36.5% -36.5%

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 31,207 402 339 323 9.9 4 Oct 28, 2024 J-GAAP
Oct - Mar, 2024 New 19,207 -198 -61 23 0.7 4 Jan 30, 2025 J-GAAP
Revision Rate -38.5% － － -92.9% -92.8%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 50,000 1,500 1,400 1,400 43.0 4 May 9, 2024 J-GAAP
Mar, 2025 New 38,000 900 1,000 1,100 33.8 4 Jan 30, 2025 J-GAAP
Revision Rate -24.0% -40.0% -28.6% -21.4% -21.4%

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 23,373 994 1,091 1,124 34.6 4 May 9, 2024 J-GAAP
Oct - Mar, 2024 Guidance 19,207 -198 -61 23 0.7 4 Jan 30, 2025 J-GAAP
YoY -17.8% － － -98.0% -97.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 57,672 1,773 1,579 1,290 39.7 0 May 11, 2023 J-GAAP
Mar, 2024 47,987 2,771 2,782 2,555 78.6 4 May 9, 2024 J-GAAP
Mar, 2025 Guidance 38,000 900 1,000 1,100 33.8 4 Jan 30, 2025 J-GAAP
YoY -20.8% -67.5% -64.1% -56.9% -57.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 11,311 477 318 297 9.1 4.2 Feb 1, 2024 J-GAAP
Jan - Mar, 2024 12,062 517 773 827 25.4 4.3 May 9, 2024 J-GAAP
Apr - Jun, 2024 9,449 1,081 1,202 1,194 36.7 11.4 Aug 1, 2024 J-GAAP
Jul - Sep, 2024 9,344 17 -141 -117 -3.6 0.2 Oct 28, 2024 J-GAAP
Oct - Dec, 2024 8,255 -119 -6 21 0.7 -1.4 Jan 30, 2025 J-GAAP
YoY -27.0% － － -92.9% -92.9%

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