Komori
Revision of earnings forecasts5888DAIWA CYCLE CO.,LTD.Retail

Notice Regarding Differences Between the Forecast and Actual Results for the Second Quarter (Interim Period) of the Fiscal Year Ended January 2025 and Revisions to the Full-Year Forecast

During the interim period of the fiscal year ending January 2025, actual revenue and profit exceeded the previous forecasts. Accordingly, the company revised its full-year forecasts for revenue and each profit measure upward, with operating profit raised by 31.1%.

Worth reading
62In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
31.1
% (change in full-year operating income)
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ended January 2025 · Second quarter (interim period) and full yearPrevious forecast published 2024年3月18日
Net SalesInterim period8,917→—million
—
Net SalesFull year17,059→17,745million
+4.0%
Operating profitInterim period575→—million
—
Operating profitFull year827→1,085million
+31.2%
Ordinary incomeInterim period581→—million
—
Ordinary incomeFull year840→1,091million
+29.9%
Profit attributable to owners of the parentInterim period360→—million
—
Profit attributable to owners of the parentFull year505→659million
+30.5%
Net income per shareInterim period132.01→—yen
—
Net income per shareFull year185.1→241.27yen
+30.3%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

中間期は、コロナ禍の終息に伴う客足の回復、上場感謝祭の好調、プライベートブランドを含む電動アシスト車の販売好調により、売上高、営業利益、経常利益及び中間純利益が前回発表予想を上回った。通期は中間期実績、足元の業績動向及び下期の出店計画の見直し等を反映した。

Previous-period results中間期(2024年1月期第2四半期) Net Sales 7,927 Millions of yen, yen and sen / Operating profit 496 Millions of yen, yen and sen / Ordinary income 510 Millions of yen, yen and sen / Interim net income 333 Millions of yen, yen and sen / Interim net income per share 166.79 Millions of yen, yen and sen / 通期(2024年1月期) Net Sales 15,339 Millions of yen, yen and sen / Operating profit 797 Millions of yen, yen and sen / Ordinary income 804 Millions of yen, yen and sen / Net income for the current fiscal year 501 Millions of yen, yen and sen / Net income per share 232.09 Millions of yen, yen and sen
Dividend forecast revision2024年3月18日発表の予想から据え置き(修正なし)
Revised forecast
ItemDetails
Net SalesInterim period 8,917 / Full year 17,059 → Six-month results 9,562 / Full year 17,745(Interim period 7.2% / Full year 4.0%)
Operating profitInterim period 575 / Full year 827 → Six-month results 811 / Full year 1,085(Interim period 41.0% / Full year 31.1%)
Ordinary incomeInterim period 581 / Full year 840 → Six-month results 813 / Full year 1,091(Interim period 39.8% / Full year 29.8%)
Profit attributable to owners of the parentInterim period 360 / Full year 505 → Six-month results 509 / Full year 659(Interim period 41.3% / Full year 30.3%)
Net income per shareInterim period 132.01 / Full year 185.10 → Six-month results 186.54 / Full year 241.27
Fiscal Period CoveredFiscal year ended January 2025
Period CoveredSecond quarter (interim period) and full year
Publication date of previous forecast2024年3月18日
Previous-period results中間期(2024年1月期第2四半期) Net Sales 7,927 Millions of yen, yen and sen / Operating profit 496 Millions of yen, yen and sen / Ordinary income 510 Millions of yen, yen and sen / Interim net income 333 Millions of yen, yen and sen / Interim net income per share 166.79 Millions of yen, yen and sen / 通期(2024年1月期) Net Sales 15,339 Millions of yen, yen and sen / Operating profit 797 Millions of yen, yen and sen / Ordinary income 804 Millions of yen, yen and sen / Net income for the current fiscal year 501 Millions of yen, yen and sen / Net income per share 232.09 Millions of yen, yen and sen
Reason for the revision中間期は、コロナ禍の終息に伴う客足の回復、上場感謝祭の好調、プライベートブランドを含む電動アシスト車の販売好調により、売上高、営業利益、経常利益及び中間純利益が前回発表予想を上回った。通期は中間期実績、足元の業績動向及び下期の出店計画の見直し等を反映した。
Dividend forecast revision2024年3月18日発表の予想から据え置き(修正なし)
Items this document does not state (2)
Details and amount of extraordinary lossConsolidated / non-consolidated

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

中間期は、コロナ禍の終息に伴う客足の回復、上場感謝祭の好調、プライベートブランドを含む電動アシスト車の販売好調により、売上高と各利益が予想を上回った。通期は中間期実績、足元の業績動向、下期の出店計画の見直しなどを反映した。

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This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Differences Between the Forecast and Actual Results for the Second Quarter (Interim Period) of the Fiscal Year Ended January 2025 and Revisions to the Full-Year Forecast | DAIWA CYCLE CO.,LTD. (5888) timely disclosure | Komori