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MUSASHI CO.,LTD., The Current Fiscal Year Ordinary Profit Revised Upward by 88%, Dividend Revised Upward by 24 yen

Tue Oct 29, 2024 3:30 pm JST Revision

7521 MUSASHI CO.,LTD. 【J-GAAP】

Guidance Update Report

MUSASHI CO.,LTD. <7521> [TSE-S] announced a revision to its performance and dividend after the market closed on October 29th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 has been revised upward by 87.9%, from the previous forecast of 1.94 billion yen to 3.65 billion yen (compared to 1.12 billion yen in the previous period), increasing the growth rate from 73.3% to 3.3 times.

At the same time, the April to September period (first half) consolidated ordinary profit has been revised upward by 34.7%, from the previous forecast of 1.45 billion yen to 1.95 billion yen (compared to 751 million yen in the same period of the previous year), increasing the growth rate from 93.6% to 2.6 times, reaches new record high for the first time in seventeen terms.

In light of the strong performance, the dividend for the first half of this fiscal year has been significantly increased from the original plan of 18 yen to 30 yen, and the dividend for the second half has also been revised upwards from the original plan of 18 yen to 30 yen. The annual dividend will be 60 yen (compared to 36 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 16,275 282 1,454 1,122 164.7 18 May 17, 2024 J-GAAP
Apr - Sep, 2024 New 16,581 605 1,958 1,503 220.6 30 Oct 29, 2024 J-GAAP
Revision Rate +1.9% +114.5% +34.7% +34.0% +34.0%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 33,739 790 1,946 1,439 211.2 36 May 17, 2024 J-GAAP
Mar, 2025 New 38,020 2,327 3,657 2,579 378.5 60 Oct 29, 2024 J-GAAP
Revision Rate +12.7% +194.6% +87.9% +79.2% +79.2%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2023 16,779 730 751 498 73.1 15 Nov 7, 2023 J-GAAP
Apr - Sep, 2024 Guidance 16,581 605 1,958 1,503 220.6 30 Oct 29, 2024 J-GAAP
YoY -1.2% -17.1% +160.7% +201.8% +201.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 37,072 2,619 2,705 1,762 258.7 43 May 12, 2023 J-GAAP
Mar, 2024 33,140 1,077 1,123 767 112.7 36 May 17, 2024 J-GAAP
Mar, 2025 Guidance 38,020 2,327 3,657 2,579 378.5 60 Oct 29, 2024 J-GAAP
YoY +14.7% +116.1% +225.6% +236.2% +235.8%

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