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SANYU, The Current Fiscal Year Ordinary Profit Revised Upward to an Unexpected 4% Increase, Dividend Revised Upward by 2 yen

Tue Feb 4, 2025 4:00 pm JST Earnings

5697 SANYU CO.,LTD. 【J-GAAP】

Earnings Report

SANYU CO.,LTD. <5697> [TSE Std] announced its financial results after the market closed on February 4th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 4.3% from the same period last year to 600 million yen.

However, the full-year consolidated ordinary profit has been revised upward 9.7%, from the previous forecast of 620 million yen to 680 million yen (compared to 653 million yen in the previous period), turning to a 4.1% increase in the consolidated ordinary profit outlook.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (2H) is expected to increase 21.1%, from the previous forecast of 285 million yen to 345 million yen (compared to 200 million yen in the same period of the previous year), increasing the growth rate from 42.5% to 72.5%.

In light of the strong performance, the company has increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 18 yen to 20 yen (compared to 19 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 52.3% from the same period last year, reaching 265 million yen. The operating profit margin improved from 2.6% in the same period last year to 4.0%.

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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 17,739 916 978 612 101.3 93.9 Feb 2, 2023 J-GAAP
Apr - Dec, 2023 18,283 574 627 378 62.7 96.0 Feb 2, 2024 J-GAAP
Apr - Dec, 2024 18,297 559 600 359 59.5 88.2 Feb 4, 2025 J-GAAP
YoY +0.1% -2.6% -4.3% -5.0% -5.1%

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 14,027 266 285 169 28.0 18 Nov 5, 2024 J-GAAP
Oct - Mar, 2024 New 12,527 326 345 209 34.6 20 Feb 4, 2025 J-GAAP
Revision Rate -10.7% +22.6% +21.1% +23.7% +23.7%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 26,000 570 620 360 59.6 18 Nov 5, 2024 J-GAAP
Mar, 2025 New 24,500 630 680 400 66.2 20 Feb 4, 2025 J-GAAP
Revision Rate -5.8% +10.5% +9.7% +11.1% +11.1%

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 12,084 186 200 115 19.1 19 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance 12,527 326 345 209 34.6 20 Feb 4, 2025 J-GAAP
YoY +3.7% +75.3% +72.5% +81.7% +81.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 23,935 966 1,041 645 106.9 32 May 11, 2023 J-GAAP
Mar, 2024 24,012 595 653 386 64.0 19 May 13, 2024 J-GAAP
Mar, 2025 Guidance 24,500 630 680 400 66.2 20 Feb 4, 2025 J-GAAP
YoY +2.0% +5.9% +4.1% +3.6% +3.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 6,355 165 174 107 17.7 2.6 Feb 2, 2024 J-GAAP
Jan - Mar, 2024 5,729 21 26 8 1.3 0.4 May 13, 2024 J-GAAP
Apr - Jun, 2024 5,910 80 106 56 9.3 1.4 Aug 2, 2024 J-GAAP
Jul - Sep, 2024 6,063 224 229 135 22.4 3.7 Nov 5, 2024 J-GAAP
Oct - Dec, 2024 6,324 255 265 168 27.8 4.0 Feb 4, 2025 J-GAAP
YoY -0.5% +54.5% +52.3% +57.0% +56.9%

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