kabutan

SUMIDA, Last Fiscal Year's Net Income Exceeds Expectations, 5.4 times Increase in Net Income for The Current Fiscal Year

Fri Feb 7, 2025 4:30 pm JST Earnings

6817 SUMIDA CORPORATION 【IFRS】

Earnings Report

SUMIDA CORPORATION <6817> [TSE Prime] announced its financial results (based on IFRS) after the market closed on February 7th (16:30). The consolidated net income for the fiscal year ending December 2024 dropped 88.3% from the previous period to 0.59 billion yen, although it exceeded the initial forecast of 0.5 billion yen. In the fiscal year ending December 2025, the profit is expected to recover to 5.4 times to 3.2 billion yen.

In the most recent three-month period, from October to December (4Q), the consolidated net income/loss turned to a loss of 0.65 billion yen (compared to a profit of 0.7 billion yen in the same period last year). The operating profit margin worsened from 3.1% in the same period last year to 1.2%.

Kabutan News

Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 138,600 8,189 6,534 5,099 187.5 47 Feb 7, 2023 IFRS
Dec, 2023 147,672 8,564 5,856 5,064 167.5 51 Feb 7, 2024 IFRS
Dec, 2024 143,978 4,513 1,295 590 18.0 53 Feb 7, 2025 IFRS
YoY -2.5% -47.3% -77.9% -88.3% -89.3%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 Guidance 143,000 4,000 600 500 15.1 53 Dec 13, 2024 IFRS
Dec, 2024 Results 143,978 4,513 1,295 590 18.0 53 Feb 7, 2025 IFRS
Revision Rate +0.7% +12.8% +115.8% +18.0% +18.7%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2024 73,066 2,332 733 486 14.9 26 Jul 31, 2024 IFRS
Jan - Jun, 2025 Guidance ー ー ー ー － 26 Feb 7, 2025 IFRS
YoY － － － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 147,672 8,564 5,856 5,064 167.5 51 Feb 7, 2024 IFRS
Dec, 2024 143,978 4,513 1,295 590 18.0 53 Feb 7, 2025 IFRS
Dec, 2025 Guidance 144,000 7,000 4,080 3,200 96.8 53 Feb 7, 2025 IFRS
YoY +0.0% +55.1% +215.1% +442.4% +438.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 36,739 1,149 387 702 23.2 3.1 Feb 7, 2024 IFRS
Jan - Mar, 2024 36,313 1,194 464 348 10.7 3.3 Apr 30, 2024 IFRS
Apr - Jun, 2024 36,753 1,138 269 138 4.2 3.1 Jul 31, 2024 IFRS
Jul - Sep, 2024 36,470 1,774 951 756 23.0 4.9 Oct 31, 2024 IFRS
Oct - Dec, 2024 34,442 407 -389 -652 -19.9 1.2 Feb 7, 2025 IFRS
YoY -6.3% -64.6% － － －

Related Articles