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SUMIKEN MITSUI ROAD, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 59%, Oct-Dec Ordinary Profit Decreases by 5%

Wed Feb 12, 2025 2:00 pm JST Earnings

1776 SUMIKEN MITSUI ROAD CO.,LTD. 【J-GAAP】

Earnings Report

SUMIKEN MITSUI ROAD CO.,LTD. <1776> [TSE Std] announced its financial results in the afternoon session on February 12th (14:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) significantly dropped 59.4% from the same period last year to 0.21 billion yen. The progress rate toward the full-year plan of 1.11 billion yen was 19.0%, also falling below the five-year average of 45.1%.

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 expand 77.3% from the same period last year, reaching 0.89 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 0.44 billion yen, a 5.0% decrease compared to the same period last year. The operating profit margin worsened from 5.3% in the same period last year to 4.9%.

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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 22,849 335 340 207 22.8 33.5 Feb 8, 2023 J-GAAP
Apr - Dec, 2023 22,799 490 520 286 31.3 50.6 Feb 7, 2024 J-GAAP
Apr - Dec, 2024 21,444 170 211 106 11.5 19.0 Feb 12, 2025 J-GAAP
YoY -5.9% -65.3% -59.4% -62.9% -63.1%

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 16,806 963 970 572 62.4 40 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 18,799 1,376 1,339 878 95.5 40 Nov 12, 2024 J-GAAP
YoY +11.9% +42.9% +38.0% +53.5% +53.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 31,914 1,008 1,015 630 69.0 35 May 10, 2023 J-GAAP
Mar, 2024 30,913 994 1,027 587 64.1 40 May 10, 2024 J-GAAP
Mar, 2025 Guidance 31,400 1,110 1,110 690 75.1 40 May 10, 2024 J-GAAP
YoY +1.6% +11.7% +8.1% +17.5% +17.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 8,692 459 463 271 29.7 5.3 Feb 7, 2024 J-GAAP
Jan - Mar, 2024 8,114 504 507 301 32.9 6.2 May 10, 2024 J-GAAP
Apr - Jun, 2024 5,614 -309 -277 -208 -22.7 -5.5 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 6,987 43 48 20 2.2 0.6 Nov 12, 2024 J-GAAP
Oct - Dec, 2024 8,843 436 440 294 32.0 4.9 Feb 12, 2025 J-GAAP
YoY +1.7% -5.0% -5.0% +8.5% +7.9%

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