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Shindengen Electric Manufacturing, The Current Fiscal Year Ordinary Profit Revised Downward to a Loss, Dividend Revised down by 65 yen

Tue Mar 18, 2025 3:30 pm JST Revision

6844 Shindengen Electric Manufacturing Co.,Ltd. 【J-GAAP】

Guidance Update Report

Shindengen Electric Manufacturing Co.,Ltd. <6844> [TSE Prime] announced a revision to its performance and dividend after the market closed on March 18th (15:30). The consolidated ordinary profit/loss for the fiscal year ending March 2025 has been revised downward from an expected profit of 1.7 billion yen to a loss of 0.8 billion yen (compared to a profit of 1.66 billion yen in the previous period), turning to a loss outlook.

Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (2H) consolidated ordinary profit/loss has been revised downward from an expected profit of 1.99 billion yen to a loss of 0.5 billion yen (compared to a profit of 0.98 billion yen in the same period of the previous year), turning to a loss outlook.

Due to a decline in performance, the company has significantly reduced its planned year-end lump-sum dividend for the current fiscal year from the original plan of 130 yen to 65 yen (compared to 130 yen in the previous period).

Kabutan News

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 55,737 1,834 1,998 1,389 134.6 130 Nov 8, 2024 J-GAAP
Oct - Mar, 2024 New 54,837 -266 -502 -1,611 -156.2 65 Mar 18, 2025 J-GAAP
Revision Rate -1.6%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 106,300 2,200 1,700 300 29.1 130 Nov 1, 2024 J-GAAP
Mar, 2025 New 105,400 100 -800 -2,700 -261.7 65 Mar 18, 2025 J-GAAP
Revision Rate -0.8% -95.5%

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 52,659 872 987 246 23.9 130 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 54,837 -266 -502 -1,611 -156.2 65 Mar 18, 2025 J-GAAP
YoY +4.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 101,007 3,621 4,326 1,644 159.6 130 May 15, 2023 J-GAAP
Mar, 2024 102,261 1,278 1,660 -712 -69.1 130 May 14, 2024 J-GAAP
Mar, 2025 Guidance 105,400 100 -800 -2,700 -261.7 65 Mar 18, 2025 J-GAAP
YoY +3.1% -92.2% -279.2% -278.8%

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