kabutan

SUS Co.,Ltd., 26% Increase in Ordinary Profit, Update Record High for Second Consecutive Term, Increased Previous Year's Dividend by 5 yen, This Fiscal Year to Increase Dividend by 5 yen

Thu Nov 14, 2024 5:00 pm JST Earnings

6554 SUS Co.,Ltd. 【J-GAAP】

Earnings Report

SUS Co.,Ltd. <6554> [TSE-G] announced its financial results after the market closed on November 14th (17:00). The consolidated ordinary profit for the fiscal year ending September 2024 expanded to 38.0% from the previous period to 860 million yen. For the fiscal year ending September 2025, the profit is expected to grow by 25.6% to 1.08 billion yen, marking the second consecutive term of record-high profits. This will be the eleventh consecutive term of revenue growth.

At the same time, the company increased the annual dividend for the previous term from 25 yen to 30 yen (compared to 25 yen in the prior term), and has decided to increase the dividend this fiscal year to 35 yen, an increase of 5 yen from the previous fiscal year.

In the most recent three-month period, from July to September (4Q), the consolidated ordinary profit surged to 2.9 times that of the same period last year, reaching 255 million yen. The operating profit margin significantly improved from 2.9% in the same period last year to 7.0%.

Kabutan News

Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep, 2022 10,465 731 806 316 35.8 15 Nov 15, 2022 J-GAAP
Sep, 2023 11,501 608 623 461 51.8 25 Nov 14, 2023 J-GAAP
Sep, 2024 13,219 829 860 602 67.6 30 Nov 14, 2024 J-GAAP
YoY +14.9% +36.3% +38.0% +30.6% +30.4%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep, 2024 Guidance 12,900 800 831 548 62.2 25 Nov 14, 2023 J-GAAP
Sep, 2024 Results 13,219 829 860 602 67.6 30 Nov 14, 2024 J-GAAP
Revision Rate +2.5% +3.6% +3.5% +9.9% +8.8%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 6,209 451 481 355 39.8 0 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 7,174 547 577 370 41.8 0 Nov 14, 2024 J-GAAP
YoY +15.5% +21.3% +20.0% +4.2% +5.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep, 2023 11,501 608 623 461 51.8 25 Nov 14, 2023 J-GAAP
Sep, 2024 13,219 829 860 602 67.6 30 Nov 14, 2024 J-GAAP
Sep, 2025 Guidance 14,800 1,050 1,080 723 81.6 35 Nov 14, 2024 J-GAAP
YoY +12.0% +26.7% +25.6% +20.1% +20.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 3,018 89 87 119 13.4 2.9 Nov 14, 2023 J-GAAP
Oct - Dec, 2023 3,054 206 228 154 17.4 6.7 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 3,155 245 253 201 22.6 7.8 May 15, 2024 J-GAAP
Apr - Jun, 2024 3,375 124 124 81 9.1 3.7 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 3,635 254 255 166 18.7 7.0 Nov 14, 2024 J-GAAP
YoY +20.4% +185.4% +193.1% +39.5% +39.4%

Related Articles