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MANDOM CORPORATION, First Half Ordinary Profit Increases by 1%, Exceeds Full-Year Plan

Wed Nov 6, 2024 3:30 pm JST Earnings

4917 MANDOM CORPORATION 【J-GAAP】

Earnings Report

MANDOM CORPORATION <4917> [TSE-P] announced its financial results after the market closed on November 6th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) was 2.08 billion yen, a 1.1% increase compared to the same period last year. The progress rate against the full-year plan of 1.58 billion yen is 132.0%, already exceeding the target and also exceeding the five-year average of 69.0%.

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 (second half) is expected to turn into a loss of 506 million yen (compared to a profit of 917 million yen in the same period last year).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew by 28.3% from the same period last year, reaching 1.07 billion yen. The operating profit margin improved from 3.3% in the same period last year to 3.7%.

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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 32,652 1,038 1,362 974 21.7 61.7 Nov 2, 2022 J-GAAP
Apr - Sep, 2023 37,133 1,645 2,064 1,584 35.2 69.2 Oct 31, 2023 J-GAAP
Apr - Sep, 2024 39,181 1,433 2,086 1,562 34.7 132.0 Nov 6, 2024 J-GAAP
YoY +5.5% -12.9% +1.1% -1.4% -1.4%

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 ー ー ー ー － 20 May 14, 2024 J-GAAP
Apr - Sep, 2024 Results 39,181 1,433 2,086 1,562 34.7 20 Nov 6, 2024 J-GAAP
Revision Rate － － － － －

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 36,100 375 917 1,017 22.6 20 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 37,819 -653 -506 -652 -14.4 20 Nov 6, 2024 J-GAAP
YoY +4.8% － － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 67,047 1,409 2,207 958 21.3 38 May 12, 2023 J-GAAP
Mar, 2024 73,233 2,020 2,981 2,601 57.8 40 May 14, 2024 J-GAAP
Mar, 2025 Guidance 77,000 780 1,580 910 20.2 40 May 14, 2024 J-GAAP
YoY +5.1% -61.4% -47.0% -65.0% -65.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 18,678 612 834 673 15.0 3.3 Oct 31, 2023 J-GAAP
Oct - Dec, 2023 17,539 558 898 570 12.7 3.2 Feb 2, 2024 J-GAAP
Jan - Mar, 2024 18,561 -183 19 447 9.9 -1.0 May 14, 2024 J-GAAP
Apr - Jun, 2024 19,265 696 1,016 666 14.8 3.6 Aug 6, 2024 J-GAAP
Jul - Sep, 2024 19,916 737 1,070 896 19.9 3.7 Nov 6, 2024 J-GAAP
YoY +6.6% +20.4% +28.3% +33.1% +33.1%

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