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Sincere, 47% Decrease in Ordinary Profit for The Current Fiscal Year, Dividend to Cut by 9 yen

Fri Feb 14, 2025 3:30 pm JST Earnings

7782 Sincere Co., LTD. 【J-GAAP】

Earnings Report

Sincere Co., LTD. <7782> [TSE Std] announced its financial results after the market closed on February 14th (15:30). The consolidated ordinary profit for the fiscal year ending December 2024 increased 4.9% from the previous period to 468 million yen. However, for the fiscal year ending December 2025, the profit is expected to drop by 47.0% from the previous period to 248 million yen.

At the same time, the company has decided to reduce the dividend this fiscal year to 10 yen, a decrease of 9 yen from the previous fiscal year.

In the most recent three-month period, from October to December (4Q), the consolidated ordinary profit grew 26.1% from the same period last year, reaching 111 million yen. However, the operating profit margin worsened from 6.4% in the same period last year to 6.0%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 5,585 150 112 66 10.5 4 Feb 14, 2023 J-GAAP
Dec, 2023 5,961 377 446 295 46.7 14 Feb 14, 2024 J-GAAP
Dec, 2024 6,539 484 468 301 47.3 19 Feb 14, 2025 J-GAAP
YoY +9.7% +28.4% +4.9% +2.0% +1.2%

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 6,539 484 468 301 47.3 19 Jan 31, 2025 J-GAAP
Dec, 2024 Results 6,539 484 468 301 47.3 19 Feb 14, 2025 J-GAAP
Revision Rate 0.0% 0.0% 0.0% 0.0% 0.0%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2024 3,089 181 179 96 15.1 0 Aug 14, 2024 J-GAAP
Jan - Jun, 2025 Guidance ー ー ー ー － 0 Feb 14, 2025 J-GAAP
YoY － － － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 5,961 377 446 295 46.7 14 Feb 14, 2024 J-GAAP
Dec, 2024 6,539 484 468 301 47.3 19 Feb 14, 2025 J-GAAP
Dec, 2025 Guidance 6,652 268 248 155 23.7 10 Feb 14, 2025 J-GAAP
YoY +1.7% -44.6% -47.0% -48.5% -49.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 1,504 96 88 56 8.9 6.4 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 1,523 69 76 35 5.4 4.5 May 15, 2024 J-GAAP
Apr - Jun, 2024 1,566 112 103 61 9.6 7.2 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 1,756 199 176 125 19.6 11.3 Nov 13, 2024 J-GAAP
Oct - Dec, 2024 1,694 104 113 80 12.6 6.1 Feb 14, 2025 J-GAAP
YoY +12.6% +8.3% +28.4% +42.9% +41.8%

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