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IKEGAMI TSUSHINKI, The Current Fiscal Year Ordinary Profit Revised Downward by 71%, Dividend Revised down by 23 yen

Mon Mar 24, 2025 3:30 pm JST Revision

6771 IKEGAMI TSUSHINKI CO., LTD. 【J-GAAP】

Guidance Update Report

IKEGAMI TSUSHINKI CO., LTD. <6771> [TSE Std] announced a revision to its performance and dividend after the market closed on March 24th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 has decreased 71.4%, from the previous forecast of 0.7 billion yen to 0.2 billion yen (compared to 0.9 billion yen in the previous period), leading to an increase in the profit decline rate from 22.4% to 77.8%.

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 has decreased 25.1%, from the previous forecast of 1.99 billion yen to 1.49 billion yen (compared to 0.76 billion yen in the same period of the previous year), leading to a reduction in the profit growth rate from 2.6 times to 94.8%.

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 33 yen to 10 yen (compared to 30 yen in the previous period).

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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 16,951M 2,077M 1,992M 1,917M 299.1 33 Nov 7, 2024 J-GAAP
Oct - Mar, 2024 New 14,751M 1,477M 1,492M 1,477M 230.4 10 Mar 24, 2025 J-GAAP
Revision Rate -13.0% -28.9% -25.1% -23.0% -23.0%
Full Year Update
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Mar, 2025 Prev 22,500M 800M 700M 600M 93.6 33 May 9, 2024 J-GAAP
Mar, 2025 New 20,300M 200M 200M 160M 25.0 10 Mar 24, 2025 J-GAAP
Revision Rate -9.8% -75.0% -71.4% -73.3% -73.3%

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
13,262M 795M 766M 606M 94.7 30 May 9, 2024 J-GAAP
Guidance
Oct - Mar, 2024
14,751M 1,477M 1,492M 1,477M 230.4 10 Mar 24, 2025 J-GAAP
YoY +11.2% +85.8% +94.8% +143.7% +143.2%
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Mar, 2023
22,146M -997M -1,000M -1,074M -168.0 10 May 11, 2023 J-GAAP
Mar, 2024
21,603M 794M 902M 679M 106.2 30 May 9, 2024 J-GAAP
Guidance
Mar, 2025
20,300M 200M 200M 160M 25.0 10 Mar 24, 2025 J-GAAP
YoY -6.0% -74.8% -77.8% -76.4% -76.5%