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CORONA CORPORATION, First Half Ordinary Profit Turns to Profit, Exceeds Expectations

Wed Oct 23, 2024 3:00 pm JST Revision

5909 CORONA CORPORATION 【J-GAAP】

Guidance Update Report

CORONA CORPORATION <5909> [TSE-S] announced a performance revision after the market closed on October 23rd (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has been revised upward from an expected loss of 300 million yen to a profit of 200 million yen (compared to a profit of 23 million yen in the same period of the previous year), turning to a profit and leading to a 8.7 times increase in the consolidated ordinary profit outlook.

Furthermore, the full-year ordinary profit forecast remains unchanged from the estimate of 1.6 billion yen(compared to 1.76 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 39,200 -500 -300 -300 -10.3 14 May 10, 2024 J-GAAP
Apr - Sep, 2024 New 40,130 35 200 140 4.8 14 Oct 23, 2024 J-GAAP
Revision Rate +2.4% － － － －

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2023 37,219 -181 23 16 0.6 14 Oct 31, 2023 J-GAAP
Apr - Sep, 2024 Guidance 40,130 35 200 140 4.8 14 Oct 23, 2024 J-GAAP
YoY +7.8% － +769.6% +775.0% +755.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 85,335 1,901 2,289 1,482 50.8 28 May 10, 2023 J-GAAP
Mar, 2024 82,046 1,355 1,767 1,306 44.8 28 May 10, 2024 J-GAAP
Mar, 2025 Guidance 85,000 1,300 1,600 1,200 41.1 28 May 10, 2024 J-GAAP
YoY +3.6% -4.1% -9.5% -8.1% -8.2%

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