OKUMURA, First Half Ordinary Profit Turns to Loss, Jul-Sep Ordinary Profit Turns to Loss

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.

Wed Jan 15, 2025 4:00 pm JST Earnings

1833 OKUMURA CORPORATION 【J-GAAP】

Earnings Report

OKUMURA CORPORATION <1833> [TSE Prime] announced its financial results after the market closed on January 15th (16:00). The consolidated ordinary profit/loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) turned into a loss of 3.1 billion yen (compared to a profit of 7.18 billion yen in the same period last year).

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (2H) is expected to expand 37.7% from the same period last year, reaching 10.6 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit/loss turned to a loss of 4.25 billion yen (compared to a profit of 4.93 billion yen in the same period last year). The operating profit margin drastically worsened from 7.1% in the same period last year to 0.9%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Apr - Sep, 2022	111,143	3,681	4,506	3,921	106.6	34.9	Nov 11, 2022	J-GAAP
Apr - Sep, 2023	135,660	6,455	7,180	5,707	155.0	48.3	Nov 13, 2023	J-GAAP
Apr - Sep, 2024	139,339	791	-3,101	-324	-8.8	ー	Jan 15, 2025	J-GAAP
YoY	+2.7%	-87.7%	－	－	－

First Half Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024 Guidance	139,330	790	-3,100	-320	-8.7	113	Jan 14, 2025	J-GAAP
Apr - Sep, 2024 Results	139,339	791	-3,101	-324	-8.8	113	Jan 15, 2025	J-GAAP
Revision Rate	+0.0%	+0.1%	0.0%	-1.3%	-1.4%

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	152,486	7,253	7,698	6,786	184.3	160	May 13, 2024	J-GAAP
Oct - Mar, 2024 Guidance	156,661	6,609	10,601	8,874	243.0	87	Jan 15, 2025	J-GAAP
YoY	+2.7%	-8.9%	+37.7%	+30.8%	+31.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	249,442	11,847	12,908	11,261	306.1	223	May 12, 2023	J-GAAP
Mar, 2024	288,146	13,708	14,878	12,493	339.3	237	May 13, 2024	J-GAAP
Mar, 2025 Guidance	296,000	7,400	7,500	8,550	234.1	200	Nov 12, 2024	J-GAAP
YoY	+2.7%	-46.0%	-49.6%	-31.6%	-31.0%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	70,982	5,054	4,932	3,442	93.5	7.1	Nov 13, 2023	J-GAAP
Oct - Dec, 2023	71,581	3,531	3,931	3,819	103.7	4.9	Feb 13, 2024	J-GAAP
Jan - Mar, 2024	80,905	3,722	3,767	2,967	80.6	4.6	May 13, 2024	J-GAAP
Apr - Jun, 2024	66,405	158	1,152	1,251	34.0	0.2	Aug 7, 2024	J-GAAP
Jul - Sep, 2024	72,934	633	-4,253	-1,575	-42.8	0.9	Jan 15, 2025	J-GAAP
YoY	+2.7%	-87.5%	－	－	－