kabutan

ORIENTAL CHAIN MFG, The Current Fiscal Year Ordinary Profit Revised Downward by 42%

Thu Feb 6, 2025 3:00 pm JST Earnings

6380 ORIENTAL CHAIN MFG. CO., LTD. 【J-GAAP】

Earnings Report

ORIENTAL CHAIN MFG. CO., LTD. <6380> [TSE Std] announced its financial results in the afternoon session on February 6th (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) dropped 44.9% from the previous period non-consolidated to 98 million yen.

In addition, the full-year consolidated ordinary profit has decreased 41.6%, from the previous forecast of 226 million yen to 132 million yen.

Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated ordinary profit for the October to March period (2H) has decreased 61.8%, from the previous forecast of 152 million yen to 58 million yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit significantly dropped to 24 million yen, a 52.9% decrease compared to the same period last year. The operating profit margin drastically worsened from 4.7% in the same period last year to 1.2%.

Note: Since the current fiscal year, the company has transitioned to consolidated financial statements.

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 2,958 113 132 87 62.9 92.3 Feb 9, 2023 J-GAAP
Apr - Dec, 2023 3,096 158 178 111 80.2 81.3 Feb 8, 2024 J-GAAP
Apr - Dec, 2024 3,042 89 98 58 42.3 74.2 Feb 6, 2025 J-GAAP
YoY -1.7% -43.7% -44.9% -47.7% -47.3%

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 2,142 156 152 116 83.7 15 Nov 7, 2024 J-GAAP
Oct - Mar, 2024 New 2,001 46 58 45 32.5 15 Feb 6, 2025 J-GAAP
Revision Rate -6.6% -70.5% -61.8% -61.2% -61.2%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 4,142 232 226 156 112.6 30 Nov 7, 2024 J-GAAP
Mar, 2025 New 4,001 122 132 85 61.3 30 Feb 6, 2025 J-GAAP
Revision Rate -3.4% -47.4% -41.6% -45.5% -45.5%

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 2,070 94 92 62 44.8 15 May 9, 2024 J-GAAP
Oct - Mar, 2024 Guidance 2,001 46 58 45 32.5 15 Feb 6, 2025 J-GAAP
YoY -3.3% -51.1% -37.0% -27.4% -27.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 3,904 116 143 93 67.8 20 May 11, 2023 J-GAAP
Mar, 2024 4,082 201 219 149 107.7 30 May 9, 2024 J-GAAP
Mar, 2025 Guidance 4,001 122 132 85 61.3 30 Feb 6, 2025 J-GAAP
YoY -2.0% -39.3% -39.7% -43.0% -43.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 1,084 51 51 24 17.3 4.7 Feb 8, 2024 J-GAAP
Jan - Mar, 2024 986 43 41 38 27.5 4.4 May 9, 2024 J-GAAP
Apr - Jun, 2024 938 54 68 42 30.8 5.8 Aug 8, 2024 J-GAAP
Jul - Sep, 2024 1,062 22 6 -2 -1.4 2.1 Nov 7, 2024 J-GAAP
Oct - Dec, 2024 1,042 13 24 18 13.1 1.2 Feb 6, 2025 J-GAAP
YoY -3.9% -74.5% -52.9% -25.0% -24.3%

Related Articles