CORONA, Oct-Dec (3Q) Ordinary Profit Decreases by 13%

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Tue Feb 4, 2025 3:30 pm JST Earnings

5909 CORONA CORPORATION 【J-GAAP】

Earnings Report

CORONA CORPORATION <5909> [TSE Std] announced its financial results after the market closed on February 4th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 6.5% from the same period last year to 2.63 billion yen. The progress rate toward the full-year plan of 1.6 billion yen is 164.9%, but it was lower than the four-year average of 167.4%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary loss for the January to March period (4Q) is expected to nearly flat at loss of 1.03 billion yen (compared to a loss of 1.05 billion yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 2.43 billion yen, a 13.0% decrease compared to the same period last year. The operating profit margin worsened from 8.8% in the same period last year to 7.9%.

Kabutan News

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	69,508	2,965	3,280	2,319	79.5	143.3	Feb 3, 2023	J-GAAP
Apr - Dec, 2023	67,352	2,472	2,822	2,045	70.1	159.7	Feb 2, 2024	J-GAAP
Apr - Dec, 2024	69,125	2,332	2,638	1,882	64.5	164.9	Feb 4, 2025	J-GAAP
YoY	+2.6%	-5.7%	-6.5%	-8.0%	-8.0%

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	44,827	1,536	1,744	1,290	44.2	14	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	44,870	1,262	1,397	1,058	36.2	14	Oct 30, 2024	J-GAAP
YoY	+0.1%	-17.8%	-19.9%	-18.0%	-18.1%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	85,335	1,901	2,289	1,482	50.8	28	May 10, 2023	J-GAAP
Mar, 2024	82,046	1,355	1,767	1,306	44.8	28	May 10, 2024	J-GAAP
Mar, 2025 Guidance	85,000	1,300	1,600	1,200	41.1	28	May 10, 2024	J-GAAP
YoY	+3.6%	-4.1%	-9.5%	-8.1%	-8.2%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	30,133	2,653	2,799	2,029	69.5	8.8	Feb 2, 2024	J-GAAP
Jan - Mar, 2024	14,694	-1,117	-1,055	-739	-25.3	-7.6	May 10, 2024	J-GAAP
Apr - Jun, 2024	18,861	-323	-222	-188	-6.5	-1.7	Jul 30, 2024	J-GAAP
Jul - Sep, 2024	21,269	361	425	330	11.3	1.7	Oct 30, 2024	J-GAAP
Oct - Dec, 2024	28,995	2,294	2,435	1,740	59.6	7.9	Feb 4, 2025	J-GAAP
YoY	-3.8%	-13.5%	-13.0%	-14.2%	-14.3%