kabutan

CHUO MALLEABLE IRON CO., LTD., First Half Ordinary Profit Decreases by 17%, July-September Ordinary Profit Decreases by 23%

Thu Nov 7, 2024 2:20 pm JST Earnings

5607 CHUO MALLEABLE IRON CO., LTD. 【J-GAAP】

Earnings Report

CHUO MALLEABLE IRON CO., LTD. <5607> [NSE-M] announced its financial results in the afternoon session on November 7th (14:20). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) decreased by 16.8% from the same period last year to 549 million yen. The progress rate against the 1.79 billion yen full-year plan was 30.7%, also falling below the five-year average of 52.2%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to expand by 86.3% from the same period last year, reaching 1.24 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 267 million yen, a 23.3% decrease compared to the same period last year. The operating profit margin worsened from 2.8% in the same period last year to 1.1%.

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 16,098 -516 -114 -223 -14.6 ー Nov 7, 2022 J-GAAP
Apr - Sep, 2023 16,990 316 660 570 37.0 49.8 Nov 9, 2023 J-GAAP
Apr - Sep, 2024 17,304 236 549 391 25.3 30.7 Nov 7, 2024 J-GAAP
YoY +1.8% -25.3% -16.8% -31.4% -31.6%

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 ー ー ー ー － 6 May 10, 2024 J-GAAP
Apr - Sep, 2024 Results 17,304 236 549 391 25.3 6 Nov 7, 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 16,208 5 666 243 15.8 6 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 20,396 664 1,241 749 47.6 6 Nov 7, 2024 J-GAAP
YoY +25.8% +13,180.0% +86.3% +208.2% +202.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 33,522 -288 790 670 43.6 12 May 11, 2023 J-GAAP
Mar, 2024 33,198 321 1,326 813 52.7 12 May 10, 2024 J-GAAP
Mar, 2025 Guidance 37,700 900 1,790 1,140 72.4 12 May 10, 2024 J-GAAP
YoY +13.6% +180.4% +35.0% +40.2% +37.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 8,468 233 348 248 16.1 2.8 Nov 9, 2023 J-GAAP
Oct - Dec, 2023 8,613 123 387 282 18.3 1.4 Feb 8, 2024 J-GAAP
Jan - Mar, 2024 7,595 -118 279 -39 -2.5 -1.6 May 10, 2024 J-GAAP
Apr - Jun, 2024 8,477 135 282 212 13.8 1.6 Aug 8, 2024 J-GAAP
Jul - Sep, 2024 8,827 101 267 179 11.6 1.1 Nov 7, 2024 J-GAAP
YoY +4.2% -56.7% -23.3% -27.8% -28.1%

Related Articles