Sanyo Engineering & Construction, First Half Ordinary Profit Turns to Profit

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 6:00 pm JST Earnings

1960 Sanyo Engineering & Construction Inc. 【J-GAAP】

Earnings Report

Sanyo Engineering & Construction Inc. <1960> [TSE Std] announced its financial results after the market closed on January 15th (18:00). The consolidated ordinary profit/loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) turned into a profit of 0.95 billion yen (compared to a loss of 0.32 billion yen in the same period last year), exceeded the previous forecast of 0.6 billion yen.

The progress rate toward the full-year plan of 1.5 billion yen was 63.6%, also surpassing the five-year average of 16.0%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit/loss for the October to March period (2H) is expected to turn into a profit of 0.54 billion yen (compared to a loss of 0.33 billion yen in the same period last year).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit surged 2.7 times that of the same period last year, reaching 0.41 billion yen. The operating profit/loss margin significantly improved from -1.1% in the same period last year to 2.6%.

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	15,960	-1,284	-633	-482	-33.0	ー	Nov 7, 2022	J-GAAP
Apr - Sep, 2023	22,571	-762	-324	-404	-25.0	ー	Nov 6, 2023	J-GAAP
Apr - Sep, 2024	27,715	666	954	401	26.2	63.6	Jan 15, 2025	J-GAAP
YoY	+22.8%	－	－	－	－

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	26,000	300	600	400	26.1	－	May 27, 2024	J-GAAP
Apr - Sep, 2024 Results	27,715	666	954	401	26.2	－	Jan 15, 2025	J-GAAP
Revision Rate	+6.6%	+122.0%	+59.0%	+0.3%	+0.4%

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	28,160	-514	-476	-367	-23.1	30	May 27, 2024	J-GAAP
Oct - Mar, 2024 Guidance	26,285	234	546	499	32.5	30	Jan 15, 2025	J-GAAP
YoY	-6.7%	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	38,877	-827	-323	479	29.4	30	May 10, 2023	J-GAAP
Mar, 2024	50,731	-1,276	-800	-771	-48.6	30	May 27, 2024	J-GAAP
Mar, 2025 Guidance	54,000	900	1,500	900	58.6	30	May 27, 2024	J-GAAP
YoY	+6.4%	－	－	－	－

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	11,558	-128	156	143	8.9	-1.1	Nov 6, 2023	J-GAAP
Oct - Dec, 2023	12,002	-769	-611	-465	-27.7	-6.4	Feb 5, 2024	J-GAAP
Jan - Mar, 2024	16,158	255	135	98	6.2	1.6	May 27, 2024	J-GAAP
Apr - Jun, 2024	13,556	296	536	379	24.7	2.2	Jan 15, 2025	J-GAAP
Jul - Sep, 2024	14,159	370	418	22	1.4	2.6	Jan 15, 2025	J-GAAP
YoY	+22.5%	－	+167.9%	-84.6%	-83.9%