Komori
Revision of earnings forecasts7743SEED CO.,LTD.Electrical Equipment and Precision Instruments

Notice Regarding Revisions to Full-Year Earnings Forecasts and Recording of an Extraordinary Loss

The full-year forecast for the fiscal year ending March 2024 was revised again. On a consolidated basis, revenue was revised downward by ¥700 million, while operating profit, ordinary profit and profit attributable to owners of the parent were revised upward. On a non-consolidated basis, revenue and each profit measure were revised upward, and an impairment loss of ¥320 million on shares of an affiliated company was recorded in the non-consolidated results.

Worth reading
77Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
440
¥ million
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2024 · Full yearPrevious forecast published 2024年2月7日
Net SalesConsolidated33,000→32,300million
-2.1%
Net SalesIndividual29,000→29,400million
+1.4%
Operating profitConsolidated1,900→2,030million
+6.8%
Operating profitIndividual2,150→2,370million
+10.2%
Ordinary incomeConsolidated1,900→2,030million
+6.8%
Ordinary incomeIndividual2,150→2,350million
+9.3%
Profit attributable to owners of the parentConsolidated1,500→1,940million
+29.3%
Profit attributable to owners of the parentIndividual1,400→1,780million
+27.1%
Net income per shareConsolidated59.92→76.44
+27.6%
Net income per shareIndividual55.93→70.14
+25.4%

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

国内コンタクトレンズ市場の需要増加、1日使い捨てタイプ・遠近両用コンタクトレンズ・オルソケラトロジーレンズの伸長、売上高と生産数量の増加による量産効果・原価率低減、2023年3月期第2四半期以降の価格改定による売上総利益の増加、英国・欧州の子会社間の事業統合に伴う税効果、留保金課税対象から外れたこと、その他税額控除が当初予想を上回る見込みとなったため。

Details and amount of extraordinary loss

関係会社株式評価損320百万円。SEED EUの事業譲渡後の清算に伴う譲渡資産の評価見直しによる株式評価損で、個別財務諸表のみで計上し、連結決算では消去。

Previous-period resultsConsolidated Net Sales 30,593 / Operating profit 629 / Ordinary income 554 / Profit attributable to owners of the parent -316 / Net income per share -12.63 / Individual Net Sales 27,798 / Operating profit 1,458 / Ordinary income 1,435 / Net income for the current fiscal year 747 / Net income per share 29.84
Dividend forecast revision2024年3月期の期末配当は1株当たり15円で、修正なし。
Consolidated / non-consolidatedConsolidated/non-consolidated
Revised forecast
ItemDetails
Net SalesConsolidated 33,000 / Individual 29,000 → Consolidated 32,300 / Individual 29,400(Consolidated -2.1% / Individual 1.4%)
Operating profitConsolidated 1,900 / Individual 2,150 → Consolidated 2,030 / Individual 2,370(Consolidated 6.8% / Individual 10.2%)
Ordinary incomeConsolidated 1,900 / Individual 2,150 → Consolidated 2,030 / Individual 2,350(Consolidated 6.8% / Individual 9.3%)
Profit attributable to owners of the parentConsolidated 1,500 / Individual 1,400 → Consolidated 1,940 / Individual 1,780(Consolidated 29.3% / Individual 27.1%)
Net income per shareConsolidated 59.92 / Individual 55.93 → Consolidated 76.44 / Individual 70.14
Fiscal Period CoveredFiscal year ending March 2024
Period CoveredFull year
Publication date of previous forecast2024年2月7日
Previous-period resultsConsolidated Net Sales 30,593 / Operating profit 629 / Ordinary income 554 / Profit attributable to owners of the parent -316 / Net income per share -12.63 / Individual Net Sales 27,798 / Operating profit 1,458 / Ordinary income 1,435 / Net income for the current fiscal year 747 / Net income per share 29.84
Reason for the revision国内コンタクトレンズ市場の需要増加、1日使い捨てタイプ・遠近両用コンタクトレンズ・オルソケラトロジーレンズの伸長、売上高と生産数量の増加による量産効果・原価率低減、2023年3月期第2四半期以降の価格改定による売上総利益の増加、英国・欧州の子会社間の事業統合に伴う税効果、留保金課税対象から外れたこと、その他税額控除が当初予想を上回る見込みとなったため。
Details and amount of extraordinary loss関係会社株式評価損320百万円。SEED EUの事業譲渡後の清算に伴う譲渡資産の評価見直しによる株式評価損で、個別財務諸表のみで計上し、連結決算では消去。
Dividend forecast revision2024年3月期の期末配当は1株当たり15円で、修正なし。
Consolidated / non-consolidatedConsolidated/non-consolidated

The reasons the company gives

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

コンタクトレンズ市場の拡大、1日使い捨て・遠近両用・オルソケラトロジーレンズの伸長、売上高と生産数量の増加による量産効果・原価率低減、価格改定による売上総利益の増加、英国・欧州の子会社間の事業統合に伴う税効果、留保金課税対象から外れたこと、その他税額控除が当初予想を上回る見込みとなったため。関係会社株式評価損は、SEED EUの事業譲渡後の清算に伴い、譲渡資産の評価見直しで株式評価が低下するため。

How to read this page

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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Revisions to Full-Year Earnings Forecasts and Recording of an Extraordinary Loss | SEED CO.,LTD. (7743) timely disclosure | Komori