PILLAR, The Current Fiscal Year Ordinary Profit Revised Downward 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.

Thu Feb 6, 2025 3:30 pm JST Earnings

6490 PILLAR Corporation 【J-GAAP】

Earnings Report

PILLAR Corporation <6490> [TSE Prime] announced its financial results after the market closed on February 6th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 22.1% from the same period last year to 8.73 billion yen.

In addition, the full-year consolidated ordinary profit has decreased 13.1%, from the previous forecast of 13 billion yen to 11.3 billion yen (compared to 15 billion yen in the previous period), leading to an increase in the profit decline rate from 13.9% to 25.2%.

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 23.5%, from the previous forecast of 7.24 billion yen to 5.54 billion yen (compared to 7.63 billion yen in the same period of the previous year), leading to an increase in the profit decline rate from 5.0% to 27.3%.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 2.98 billion yen, a 20.5% decrease compared to the same period last year. The operating profit margin decreased from 25.2% in the same period last year to 18.5%.

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	35,473	10,296	10,585	7,740	327.8	74.9	Feb 7, 2023	J-GAAP
Apr - Dec, 2023	42,781	10,604	11,218	7,704	330.6	74.3	Feb 13, 2024	J-GAAP
Apr - Dec, 2024	42,151	8,338	8,737	6,126	262.7	77.3	Feb 6, 2025	J-GAAP
YoY	-1.5%	-21.4%	-22.1%	-20.5%	-20.5%

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	33,466	7,175	7,246	5,113	219.1	71	Nov 11, 2024	J-GAAP
Oct - Mar, 2024 New	28,466	5,175	5,546	4,113	176.3	71	Feb 6, 2025	J-GAAP
Revision Rate	-14.9%	-27.9%	-23.5%	-19.6%	-19.6%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	62,000	13,000	13,000	9,000	385.7	125	May 13, 2024	J-GAAP
Mar, 2025 New	57,000	11,000	11,300	8,000	342.9	125	Feb 6, 2025	J-GAAP
Revision Rate	-8.1%	-15.4%	-13.1%	-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	30,533	7,309	7,631	5,611	240.8	99	May 13, 2024	J-GAAP
Oct - Mar, 2024 Guidance	28,466	5,175	5,546	4,113	176.3	71	Feb 6, 2025	J-GAAP
YoY	-6.8%	-29.2%	-27.3%	-26.7%	-26.8%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	48,702	13,842	14,136	10,428	443.0	133	May 12, 2023	J-GAAP
Mar, 2024	58,605	14,206	15,098	10,780	462.6	159	May 13, 2024	J-GAAP
Mar, 2025 Guidance	57,000	11,000	11,300	8,000	342.9	125	Feb 6, 2025	J-GAAP
YoY	-2.7%	-22.6%	-25.2%	-25.8%	-25.9%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	14,709	3,707	3,751	2,535	108.8	25.2	Feb 13, 2024	J-GAAP
Jan - Mar, 2024	15,824	3,602	3,880	3,076	132.0	22.8	May 13, 2024	J-GAAP
Apr - Jun, 2024	13,096	2,496	2,924	1,962	84.2	19.1	Aug 6, 2024	J-GAAP
Jul - Sep, 2024	15,438	3,329	2,830	1,925	82.6	21.6	Nov 11, 2024	J-GAAP
Oct - Dec, 2024	13,617	2,513	2,983	2,239	96.0	18.5	Feb 6, 2025	J-GAAP
YoY	-7.4%	-32.2%	-20.5%	-11.7%	-11.7%