Mitsuboshi Belting, Oct-Dec (3Q) Ordinary Profit Increases by 52%

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.

Fri Feb 7, 2025 2:00 pm JST Earnings

5192 Mitsuboshi Belting Ltd. 【J-GAAP】

Earnings Report

Mitsuboshi Belting Ltd. <5192> [TSE Prime] announced its financial results in the afternoon session on February 7th (14:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 4.1% from the same period last year to 7.23 billion yen. However, the progress rate toward the full-year plan of 8.6 billion yen was 84.2%, also surpassing the five-year average of 76.3%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to drop 33.7% from the same period last year to 1.36 billion yen.

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 2.95 billion yen. However, the operating profit margin worsened from 9.9% in the same period last year to 8.8%.

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	63,827	7,280	8,026	5,609	197.5	76.6	Feb 8, 2023	J-GAAP
Apr - Dec, 2023	63,036	6,225	7,549	5,133	181.0	78.6	Feb 7, 2024	J-GAAP
Apr - Dec, 2024	67,868	6,523	7,237	8,287	292.5	84.2	Feb 7, 2025	J-GAAP
YoY	+7.7%	+4.8%	-4.1%	+61.4%	+61.6%

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	41,986	3,622	3,994	3,509	123.7	125	May 14, 2024	J-GAAP
Oct - Mar, 2024 Guidance	43,049	4,502	4,314	3,209	114.0	90	Nov 8, 2024	J-GAAP
YoY	+2.5%	+24.3%	+8.0%	-8.5%	-7.8%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	82,911	9,030	10,471	7,071	249.1	250	May 12, 2023	J-GAAP
Mar, 2024	84,014	7,759	9,605	7,102	250.4	250	May 14, 2024	J-GAAP
Mar, 2025 Guidance	88,500	9,050	8,600	9,300	330.4	180	May 14, 2024	J-GAAP
YoY	+5.3%	+16.6%	-10.5%	+30.9%	+32.0%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	21,008	2,088	1,938	1,540	54.3	9.9	Feb 7, 2024	J-GAAP
Jan - Mar, 2024	20,978	1,534	2,056	1,969	69.4	7.3	May 14, 2024	J-GAAP
Apr - Jun, 2024	22,443	1,591	2,320	4,438	156.5	7.1	Aug 8, 2024	J-GAAP
Jul - Sep, 2024	23,008	2,957	1,966	1,653	58.3	12.9	Nov 8, 2024	J-GAAP
Oct - Dec, 2024	22,417	1,975	2,951	2,196	77.5	8.8	Feb 7, 2025	J-GAAP
YoY	+6.7%	-5.4%	+52.3%	+42.6%	+42.8%