kabutan

MATSUI CONSTRUCTION, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 2.3 times, Oct-Dec Ordinary Profit Increases by 26 times

Thu Feb 13, 2025 1:30 pm JST Earnings

1810 MATSUI CONSTRUCTION CO., LTD. 【J-GAAP】

Earnings Report

MATSUI CONSTRUCTION CO., LTD. <1810> [TSE Std] announced its financial results in the afternoon session on February 13th (13:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) surged 2.3 times that of the same period last year, reaching 2.18 billion yen. The progress rate toward the full-year plan of 2.5 billion yen was 87.3%, it was below the five-year average of 91.1%.

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/loss for the January to March period (4Q) is expected to turn into a profit of 0.31 billion yen (compared to a loss of 0.2 billion yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit surged 26 times that of the same period last year, reaching 1.52 billion yen. The operating profit/loss margin drastically improved from -0.3% in the same period last year to 4.9%.

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 65,291 2,233 2,596 1,726 58.3 96.1 Feb 14, 2023 J-GAAP
Apr - Dec, 2023 71,026 546 968 815 28.0 126.2 Feb 13, 2024 J-GAAP
Apr - Dec, 2024 73,695 1,776 2,182 1,594 55.1 87.3 Feb 13, 2025 J-GAAP
YoY +3.8% +225.3% +125.4% +95.6% +97.2%

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 51,159 -366 -143 465 16.0 13 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 53,190 1,697 1,845 1,164 40.4 15 Nov 13, 2024 J-GAAP
YoY +4.0% － － +150.3% +153.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 88,664 2,268 2,702 1,702 57.5 25 May 12, 2023 J-GAAP
Mar, 2024 96,969 264 767 1,161 39.9 26 May 14, 2024 J-GAAP
Mar, 2025 Guidance 99,000 2,100 2,500 1,700 59.0 30 May 14, 2024 J-GAAP
YoY +2.1% +695.5% +225.9% +46.4% +48.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 25,216 -84 58 119 4.1 -0.3 Feb 13, 2024 J-GAAP
Jan - Mar, 2024 25,943 -282 -201 346 11.9 -1.1 May 14, 2024 J-GAAP
Apr - Jun, 2024 21,761 124 310 248 8.6 0.6 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 24,049 279 345 288 10.0 1.2 Nov 13, 2024 J-GAAP
Oct - Dec, 2024 27,885 1,373 1,527 1,058 36.6 4.9 Feb 13, 2025 J-GAAP
YoY +10.6% － +2,532.8% +789.1% +796.8%

Related Articles