kabutan

MARUFUJI SHEET PILING CO., LTD., First Half Ordinary Profit Increases by 11%

Thu Oct 31, 2024 1:00 pm JST Earnings

8046 MARUFUJI SHEET PILING CO., LTD. 【J-GAAP】

Earnings Report

MARUFUJI SHEET PILING CO., LTD. <8046> [TSE-S] announced its financial results in the afternoon session on October 31st (13:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 11.3% from the same period last year, reaching 864 million yen. The progress rate against the 1.94 billion yen full-year plan was 44.5%, exceeding the five-year average of 35.5%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to decrease by 6.4% from the same period last year to 1.07 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 366 million yen, a 15.1% decrease compared to the same period last year. The operating profit margin worsened from 3.4% in the same period last year to 3.0%.

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 15,623 294 512 330 92.3 33.1 Oct 31, 2022 J-GAAP
Apr - Sep, 2023 16,672 510 776 533 148.9 40.3 Oct 31, 2023 J-GAAP
Apr - Sep, 2024 16,733 634 864 567 158.7 44.5 Oct 31, 2024 J-GAAP
YoY +0.4% +24.3% +11.3% +6.4% +6.5%

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 ー ー ー ー － 0 May 14, 2024 J-GAAP
Apr - Sep, 2024 Results 16,733 634 864 567 158.7 0 Oct 31, 2024 J-GAAP
Revision Rate － － － － －

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 17,871 900 1,150 839 234.4 110 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 19,367 826 1,076 723 202.0 110 Oct 31, 2024 J-GAAP
YoY +8.4% -8.2% -6.4% -13.8% -13.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 35,104 1,063 1,548 1,038 290.2 90 May 12, 2023 J-GAAP
Mar, 2024 34,543 1,410 1,926 1,372 383.4 110 May 14, 2024 J-GAAP
Mar, 2025 Guidance 36,100 1,460 1,940 1,290 360.4 110 May 14, 2024 J-GAAP
YoY +4.5% +3.5% +0.7% -6.0% -6.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 8,299 284 431 310 86.6 3.4 Oct 31, 2023 J-GAAP
Oct - Dec, 2023 8,951 687 788 521 145.6 7.7 Jan 31, 2024 J-GAAP
Jan - Mar, 2024 8,920 213 362 318 88.9 2.4 May 14, 2024 J-GAAP
Apr - Jun, 2024 8,262 382 498 324 90.8 4.6 Jul 31, 2024 J-GAAP
Jul - Sep, 2024 8,471 252 366 243 68.0 3.0 Oct 31, 2024 J-GAAP
YoY +2.1% -11.3% -15.1% -21.6% -21.5%

Related Articles