MITANI SEKISAN, The Current Fiscal Year Ordinary Profit Revised Upward to an Unexpected 4% Increase, Raises Record High Profit, Dividend Revised Upward by 30 yen

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.

Fri Feb 14, 2025 3:00 pm JST Earnings

5273 MITANI SEKISAN CO.,LTD. 【J-GAAP】

Earnings Report

MITANI SEKISAN CO.,LTD. <5273> [TSE Std] announced its financial results in the afternoon session on February 14th (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) increased 14.5% from the same period last year, reaching 11.5 billion yen.

In addition, the full-year consolidated ordinary profit has been revised upward 12.0%, from the previous forecast of 12.5 billion yen to 14 billion yen (compared to 13.4 billion yen in the previous period), record profits reach three consecutive terms, turning to a 4.3% increase in the consolidated ordinary profit outlook.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (2H) has been revised upward 28.6%, from the previous forecast of 5.23 billion yen to 6.73 billion yen (compared to 6.88 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 23.9% to 2.1%.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 105 yen to 135 yen (compared to 101 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 20.7% from the same period last year, reaching 4.31 billion yen. The operating profit margin rose from 15.4% in the same period last year to 17.0%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Apr - Dec, 2022	64,375	6,856	7,699	5,269	71.6	70.6	Feb 14, 2023	J-GAAP
Apr - Dec, 2023	61,800	8,948	10,106	6,954	94.8	75.3	Feb 14, 2024	J-GAAP
Apr - Dec, 2024	64,429	10,492	11,572	7,926	108.7	82.7	Feb 14, 2025	J-GAAP
YoY	+4.3%	+17.3%	+14.5%	+14.0%	+14.7%

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2024 Prev	41,960	4,805	5,238	3,529	49.7	12.50	Nov 12, 2024	J-GAAP
Oct - Mar, 2024 New	42,960	6,305	6,738	4,729	66.6	20	Feb 14, 2025	J-GAAP
Revision Rate	+2.4%	+31.2%	+28.6%	+34.0%	+34.0%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	84,000	11,500	12,500	8,500	119.7	26.25	Nov 12, 2024	J-GAAP
Mar, 2025 New	85,000	13,000	14,000	9,700	136.6	33.75	Feb 14, 2025	J-GAAP
Revision Rate	+1.2%	+13.0%	+12.0%	+14.1%	+14.1%

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	42,620	6,441	6,883	4,740	64.6	15.25	May 14, 2024	J-GAAP
Oct - Mar, 2024 Guidance	42,960	6,305	6,738	4,729	66.6	20	Feb 14, 2025	J-GAAP
YoY	+0.8%	-2.1%	-2.1%	-0.2%	+3.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	86,075	9,997	10,900	8,201	111.4	18	May 12, 2023	J-GAAP
Mar, 2024	83,116	12,108	13,417	9,251	126.1	25.25	May 14, 2024	J-GAAP
Mar, 2025 Guidance	85,000	13,000	14,000	9,700	136.6	33.75	Feb 14, 2025	J-GAAP
YoY	+2.3%	+7.4%	+4.3%	+4.9%	+8.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	21,304	3,281	3,572	2,443	33.3	15.4	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	21,316	3,160	3,311	2,297	31.3	14.8	May 14, 2024	J-GAAP
Apr - Jun, 2024	21,630	3,861	4,384	3,071	42.0	17.9	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	20,410	2,834	2,878	1,900	26.0	13.9	Nov 12, 2024	J-GAAP
Oct - Dec, 2024	22,389	3,797	4,310	2,955	40.5	17.0	Feb 14, 2025	J-GAAP
YoY	+5.1%	+15.7%	+20.7%	+21.0%	+21.7%