kabutan

SANYO CHEMICAL INDUSTRIES,LTD., First Half Net Income Decreases by 79%, July-September Net Income Turns to Loss

Tue Nov 12, 2024 11:00 am JST Earnings

4471 SANYO CHEMICAL INDUSTRIES,LTD. 【J-GAAP】

Earnings Report

SANYO CHEMICAL INDUSTRIES,LTD. <4471> [TSE-P] announced its financial results in the morning on November 12th (11:00). The consolidated net income for the cumulative second quarter of the fiscal year ending March 2025 (April to September) significantly dropped by 78.6% from the same period last year to 940 million yen. The progress rate against the 4 billion yen full-year plan was 23.5%, also falling below the five-year average of 57.6%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income/loss for the October to March period (second half) is expected to turn into a profit of 3.06 billion yen (compared to a loss of 12.8 billion yen in the same period last year).

In the most recent three-month period, from July to September (2Q), the consolidated net income/loss turned to a loss of 1.46 billion yen (compared to a profit of 1.43 billion yen in the same period last year). However, the operating profit margin improved from 3.3% in the same period last year to 6.1%.

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 88,439 3,807 7,368 4,719 213.9 74.3 Nov 10, 2022 J-GAAP
Apr - Sep, 2023 79,278 2,020 4,947 4,398 199.2 60.4 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 77,030 4,453 4,991 940 42.6 49.9 Nov 12, 2024 J-GAAP
YoY -2.8% +120.4% +0.9% -78.6% -78.6%

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 75,000 4,000 4,500 0 0.0 85 Sep 27, 2024 J-GAAP
Apr - Sep, 2024 Results 77,030 4,453 4,991 940 42.6 85 Nov 12, 2024 J-GAAP
Revision Rate +2.7% +11.3% +10.9% － －

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 80,232 2,866 3,239 -12,899 -584.2 85 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 67,970 4,547 5,009 3,060 138.3 85 Nov 12, 2024 J-GAAP
YoY -15.3% +58.7% +54.6% － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 174,973 8,123 9,918 5,684 257.6 170 May 12, 2023 J-GAAP
Mar, 2024 159,510 4,886 8,186 -8,501 -385.0 170 May 14, 2024 J-GAAP
Mar, 2025 Guidance 145,000 9,000 10,000 4,000 180.8 170 Sep 27, 2024 J-GAAP
YoY -9.1% +84.2% +22.2% － －

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 40,364 1,316 2,105 1,438 65.1 3.3 Nov 10, 2023 J-GAAP
Oct - Dec, 2023 42,854 2,197 1,937 -1,418 -64.2 5.1 Feb 5, 2024 J-GAAP
Jan - Mar, 2024 37,378 669 1,302 -11,481 -520.0 1.8 May 14, 2024 J-GAAP
Apr - Jun, 2024 39,654 2,183 3,571 2,402 108.8 5.5 Aug 7, 2024 J-GAAP
Jul - Sep, 2024 37,376 2,270 1,420 -1,462 -66.2 6.1 Nov 12, 2024 J-GAAP
YoY -7.4% +72.5% -32.5% － －

Related Articles