UBE Corporation, First Half Ordinary Profit Revised Downward to an Unexpected 83% Decrease

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Fri Oct 25, 2024 3:00 pm JST Revision

4208 UBE Corporation 【J-GAAP】

Guidance Update Report

UBE Corporation <4208> [TSE-P] announced a performance revision after the market closed on October 25th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has downwardly by 83.5%, from the previous forecast of 11.5 billion yen to 1.9 billion yen (compared to 11.3 billion yen in the same period of the previous year). This changes the outlook from an anticipated profit increase to a projection of a 83.2% decrease in profit.

Furthermore, the full-year ordinary profit forecast remains unchanged from the estimate of 37 billion yen(compared to 36.3 billion yen in the previous period).

Kabutan News

Guidance Update

First Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024 Prev	238,000	7,500	11,500	8,000	82.4	55	May 13, 2024	J-GAAP
Apr - Sep, 2024 New	243,000	6,000	1,900	300	3.1	55	Oct 25, 2024	J-GAAP
Revision Rate	+2.1%	-20.0%	-83.5%	-96.3%	-96.2%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	218,079	5,221	11,303	9,019	92.9	50	Nov 6, 2023	J-GAAP
Apr - Sep, 2024 Guidance	243,000	6,000	1,900	300	3.1	55	Oct 25, 2024	J-GAAP
YoY	+11.4%	+14.9%	-83.2%	-96.7%	-96.7%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	494,738	16,210	-8,745	-7,034	-72.5	95	May 12, 2023	J-GAAP
Mar, 2024	468,237	22,456	36,333	28,981	298.6	105	May 13, 2024	J-GAAP
Mar, 2025 Guidance	510,000	27,000	37,000	29,500	303.8	110	May 13, 2024	J-GAAP
YoY	+8.9%	+20.2%	+1.8%	+1.8%	+1.7%