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

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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%