TIEMCO LTD., The Current Fiscal Year Net Income Revised Downward to a Loss

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Mon Oct 7, 2024 3:30 pm JST Revision

7501 TIEMCO LTD. 【J-GAAP】

Guidance Update Report

TIEMCO LTD. <7501> [TSE-S] announced a performance revision after the market closed on October 7th (15:30). The net income/loss (non-consolidated) for the fiscal year ending November 2024 has been revised downward from an expected profit of 20 million yen to a loss of 20 million yen (compared to a profit of 108 million yen in the previous period), turning to a loss outlook.

Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the June to November period (second half) net income/loss has been revised downward from an expected profit of 18 million yen to a loss of 22 million yen (compared to a profit of 10 million yen in the same period of the previous year), turning to a loss outlook.

Kabutan News

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jun - Nov, 2024 Prev	1,702	28	29	18	7.3	17.50	Jul 10, 2024	J-GAAP
Jun - Nov, 2024 New	1,583	-14	-7	-22	-8.9	17.50	Oct 7, 2024	J-GAAP
Revision Rate	-7.0%	－	－	－	－

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Nov, 2024 Prev	3,403	45	49	20	8.1	17.50	Jul 9, 2024	J-GAAP
Nov, 2024 New	3,284	3	13	-20	-8.1	17.50	Oct 7, 2024	J-GAAP
Revision Rate	-3.5%	-93.3%	-73.5%	－	－

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jun - Nov, 2023	1,589	-9	-6	10	4.1	12	Jan 19, 2024	J-GAAP
Jun - Nov, 2024 Guidance	1,583	-14	-7	-22	-8.9	17.50	Oct 7, 2024	J-GAAP
YoY	-0.4%	-55.6%	-16.7%	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Nov, 2022	3,290	113	119	126	50.9	12	Jan 19, 2023	J-GAAP
Nov, 2023	3,403	116	118	108	43.9	12	Jan 19, 2024	J-GAAP
Nov, 2024 Guidance	3,284	3	13	-20	-8.1	17.50	Oct 7, 2024	J-GAAP
YoY	-3.5%	-97.4%	-89.0%	－	－