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SUKEGAWA ELECTRIC, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 19%, Raises Record High Profit Forecast, Dividend Revised Upward by 2 Yen
7711 SUKEGAWA ELECTRIC CO.,LTD 【J-GAAP】
Earnings ReportSUKEGAWA ELECTRIC CO.,LTD <7711> [TSE Std] announced its financial results in the afternoon session on August 7th (15:00). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending September 2025 (October 2024 to June 2025) expanded 1.06 billion yen, an increase 36.9% compared to the same period last year.
In addition, the full-year forecast for ordinary profit has been revised upward 19.0%, from the previous forecast of 1.02 billion yen to 1.22 billion yen (compared to 0.91 billion yen in the previous period), increasing the growth rate from 12.3% to 33.6%, further surpassing the previous forecast of record-high profits for two consecutive terms.
Based on the full-year plan announced by the company after the upward revision, our estimate of the ordinary profit for the April to September period (second half) is expected to increase 60.2%, from the previous forecast of 0.32 billion yen to 0.51 billion yen (compared to 0.30 billion yen in the same period of the previous year), increasing the growth rate from 5.9% to 69.6%.
In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 38 yen to 40 yen (compared to 34 yen in the previous period).
In the most recent three-month period, from April to June (3Q), the ordinary profit surged 2.1 times that of the same period last year, reaching 0.36 billion yen. The operating profit margin jumped from 15.8% in the same period last year to 26.1%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Jun, 2022 | 3,449 | 465 | 478 | 310 | 55.5 | 80.2 | Aug 9, 2023 | J-GAAP |
| Oct - Jun, 2023 | 3,672 | 772 | 780 | 553 | 100.3 | 85.2 | Aug 8, 2024 | J-GAAP |
| Oct - Jun, 2024 | 4,326 | 1,056 | 1,068 | 720 | 130.7 | 87.3 | Aug 7, 2025 | J-GAAP |
| YoY | +17.8% | +36.8% | +36.9% | +30.2% | +30.3% |
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 Prev | 2,520 | 320 | 324 | 229 | 41.5 | 20 | May 8, 2025 | J-GAAP |
| Apr - Sep, 2025 New | 2,740 | 510 | 519 | 334 | 60.6 | 22 | Aug 7, 2025 | J-GAAP |
| Revision Rate | +8.7% | +59.4% | +60.2% | +45.9% | +45.9% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep, 2025 Prev | 5,480 | 1,020 | 1,029 | 724 | 131.3 | 38 | May 8, 2025 | J-GAAP |
| Sep, 2025 New | 5,700 | 1,210 | 1,224 | 829 | 150.3 | 40 | Aug 7, 2025 | J-GAAP |
| Revision Rate | +4.0% | +18.6% | +19.0% | +14.5% | +14.5% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 2,315 | 306 | 306 | 206 | 37.4 | 18 | Nov 7, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 2,740 | 510 | 519 | 334 | 60.6 | 22 | Aug 7, 2025 | J-GAAP |
| YoY | +18.4% | +66.7% | +69.6% | +62.1% | +61.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep, 2023 | 4,577 | 589 | 596 | 397 | 71.4 | 29 | Nov 9, 2023 | J-GAAP |
| Sep, 2024 | 4,964 | 916 | 916 | 637 | 115.7 | 34 | Nov 7, 2024 | J-GAAP |
| Sep, 2025 Guidance | 5,700 | 1,210 | 1,224 | 829 | 150.3 | 40 | Aug 7, 2025 | J-GAAP |
| YoY | +14.8% | +32.1% | +33.6% | +30.1% | +29.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2024 | 1,023 | 162 | 170 | 122 | 22.1 | 15.8 | Aug 8, 2024 | J-GAAP |
| Jul - Sep, 2024 | 1,292 | 144 | 136 | 84 | 15.3 | 11.1 | Nov 7, 2024 | J-GAAP |
| Oct - Dec, 2024 | 1,319 | 284 | 290 | 205 | 37.2 | 21.5 | Feb 6, 2025 | J-GAAP |
| Jan - Mar, 2025 | 1,641 | 416 | 415 | 290 | 52.7 | 25.4 | May 8, 2025 | J-GAAP |
| Apr - Jun, 2025 | 1,366 | 356 | 363 | 225 | 40.9 | 26.1 | Aug 7, 2025 | J-GAAP |
| YoY | +33.5% | +119.8% | +113.5% | +84.4% | +84.6% |
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