EBARA Foods Industry, The Current Fiscal Year Ordinary Profit Revised Upward by 40%, Dividend Revised Upward by 5 yen

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 14, 2025 3:45 pm JST Earnings

2819 EBARA Foods Industry,Inc. 【J-GAAP】

Earnings Report

EBARA Foods Industry,Inc. <2819> [TSE Std] announced its financial results after the market closed on February 14th (15:45). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 3.7% from the same period last year to 2.82 billion yen.

However, the full-year consolidated ordinary profit has been revised upward 40.0%, from the previous forecast of 1.5 billion yen to 2.1 billion yen (compared to 2.62 billion yen in the previous period), and the declining rate is expected to decrease from 42.9% to 20.1%.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (2H) has been revised upward 3.6 times, from the previous forecast of 0.22 billion yen to 0.82 billion yen (compared to 1.14 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 80.0% to 27.5%.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 40 yen to 45 yen (compared to 40 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 7.4% from the same period last year, reaching 1.54 billion yen. However, the operating profit margin decreased from 10.7% in the same period last year to 9.9%.

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	34,353	3,258	3,443	2,373	241.6	108.3	Feb 7, 2023	J-GAAP
Apr - Dec, 2023	35,128	2,761	2,927	1,984	202.2	111.4	Feb 7, 2024	J-GAAP
Apr - Dec, 2024	38,198	2,648	2,820	1,918	196.4	134.3	Feb 14, 2025	J-GAAP
YoY	+8.7%	-4.1%	-3.7%	-3.3%	-2.9%

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2024 Prev	23,165	269	228	52	5.3	20	Nov 7, 2024	J-GAAP
Oct - Mar, 2024 New	24,165	769	828	552	56.5	25	Feb 14, 2025	J-GAAP
Revision Rate	+4.3%	+185.9%	+263.2%	+961.5%	+961.8%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	47,000	1,500	1,500	900	92.1	40	Nov 7, 2024	J-GAAP
Mar, 2025 New	48,000	2,000	2,100	1,400	143.3	45	Feb 14, 2025	J-GAAP
Revision Rate	+2.1%	+33.3%	+40.0%	+55.6%	+55.5%

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	23,181	1,037	1,142	821	83.6	20	May 15, 2024	J-GAAP
Oct - Mar, 2024 Guidance	24,165	769	828	552	56.5	25	Feb 14, 2025	J-GAAP
YoY	+4.2%	-25.8%	-27.5%	-32.8%	-32.5%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	43,419	2,972	3,180	2,177	221.7	40	May 15, 2023	J-GAAP
Mar, 2024	45,216	2,400	2,628	1,802	183.6	40	May 15, 2024	J-GAAP
Mar, 2025 Guidance	48,000	2,000	2,100	1,400	143.3	45	Feb 14, 2025	J-GAAP
YoY	+6.2%	-16.7%	-20.1%	-22.3%	-22.0%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	13,093	1,398	1,441	1,003	102.2	10.7	Feb 7, 2024	J-GAAP
Jan - Mar, 2024	10,088	-361	-299	-182	-18.5	-3.6	May 15, 2024	J-GAAP
Apr - Jun, 2024	11,926	725	813	539	55.2	6.1	Aug 7, 2024	J-GAAP
Jul - Sep, 2024	11,909	506	459	309	31.7	4.2	Nov 7, 2024	J-GAAP
Oct - Dec, 2024	14,363	1,417	1,548	1,070	109.6	9.9	Feb 14, 2025	J-GAAP
YoY	+9.7%	+1.4%	+7.4%	+6.7%	+7.2%