SEVEN INDUSTRIES CO.,LTD., First Half Ordinary Profit Turns to Profit, July-September Ordinary Profit Increases by 95%

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Thu Oct 31, 2024 1:20 pm JST Earnings

7896 SEVEN INDUSTRIES CO.,LTD. 【J-GAAP】

Earnings Report

SEVEN INDUSTRIES CO.,LTD. <7896> [TSE-S] announced its financial results in the afternoon session on October 31st (13:20). The ordinary profit/loss (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2025 (April to September) turned into a profit of 57 million yen (compared to a loss of 20 million yen in the same period last year). The progress rate against the 113 million yen full-year plan was 50.4%, also surpassing the five-year average of 40.7%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to March period (second half) is expected to decrease by 9.7% from the same period last year to 56 million yen.

In the most recent three-month period, from July to September (2Q), the ordinary profit increased by 94.7% from the same period last year, reaching 37 million yen. The operating profit margin improved from 0.5% in the same period last year to 1.0%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Apr - Sep, 2022	9,011	218	220	149	33.4	67.1	Oct 31, 2022	J-GAAP
Apr - Sep, 2023	7,782	-26	-20	-785	-175.9	ー	Oct 31, 2023	J-GAAP
Apr - Sep, 2024	7,654	50	57	42	9.5	50.4	Oct 31, 2024	J-GAAP
YoY	-1.6%	－	－	－	－

First Half Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024 Guidance	7,654	50	57	42	9.4	10	Oct 24, 2024	J-GAAP
Apr - Sep, 2024 Results	7,654	50	57	42	9.5	10	Oct 31, 2024	J-GAAP
Revision Rate	0.0%	0.0%	0.0%	0.0%	+0.5%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2023	7,482	63	62	2	0.5	10	Apr 30, 2024	J-GAAP
Oct - Mar, 2024 Guidance	7,893	66	56	24	5.4	10	Oct 24, 2024	J-GAAP
YoY	+5.5%	+4.8%	-9.7%	+1,100.0%	+1,095.6%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	17,655	325	328	231	51.8	20	Apr 28, 2023	J-GAAP
Mar, 2024	15,264	37	42	-783	-175.6	20	Apr 30, 2024	J-GAAP
Mar, 2025 Guidance	15,547	116	113	66	14.8	20	Apr 30, 2024	J-GAAP
YoY	+1.9%	+213.5%	+169.0%	－	－

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	3,919	20	19	-755	-169.2	0.5	Oct 31, 2023	J-GAAP
Oct - Dec, 2023	4,000	85	84	71	15.9	2.1	Jan 31, 2024	J-GAAP
Jan - Mar, 2024	3,482	-22	-22	-69	-15.5	-0.6	Apr 30, 2024	J-GAAP
Apr - Jun, 2024	3,707	10	20	12	2.8	0.3	Jul 31, 2024	J-GAAP
Jul - Sep, 2024	3,947	40	37	30	6.8	1.0	Oct 31, 2024	J-GAAP
YoY	+0.7%	+100.0%	+94.7%	－	－