November 7, 2024
Notice Concerning Revision of Business Results Forecasts
Company name: Unipres Corporation
Title and name of representative: Nobuya Uranishi, President and Representative Director
Securities code: 5949 (Prime of Tokyo Stock Exchange)
Contact: Naoki Saito, General Manager of Finance & Accounting Department Tel. +81-45-470-8631
Website: https://www.unipres.co.jp/
We hereby announce that in order to reflect recent performance we have revised the business results forecasts for FY2024 ending March 31, 2025, released on May 10, 2024. The details are given below.
1. Revised Forecasts of Consolidated Business Results for FY2024 Ending March 31, 2025 (April 1, 2024 through March 31, 2025)
Operating | Ordinary | Net income | ||||
Net Sales | attributable | Net income | ||||
income | income | to owners | ||||
per share | ||||||
(Millions of | of parent | |||||
(Millions of | (Millions of | |||||
yen) | (Millions of | (yen) | ||||
yen) | yen) | |||||
yen) | ||||||
Previous forecast (A) | 330,000 | 12,000 | 12,000 | 5,500 | 123.43 | |
Revised forecast (B) | 320,000 | 7,500 | 8,000 | 1,000 | 22.37 | |
Change (B - A) | (10,000) | (4,500) | (4,000) | (4,500) | ||
Percentage change (%) | (3.0) | (37.5) | (33.3) | (81.8) | ||
(Reference) | ||||||
Financial results of | 335,079 | 10,927 | 12,553 | 5,256 | 118.06 | |
FY2023 ended March | ||||||
31, 2024 | ||||||
2. Reason for Revision
We made our original forecast, which was released on May 10, 2024, after formulating a plan for the production volume of parts in each business entity of the Unipres Group based on information on our customers that was available at the time including their production information.
During the current fiscal year, however, our customers' sales and production have declined significantly, which is expected to considerably reduce the Group's production compared to the original plan. As a result, our net sales are declining, despite an increase in net sales due to the impact of foreign exchanges. Meanwhile, cutting costs in line with the falling net sales is difficult for reasons such as the rising material and labor costs. Consequently, we expect our operating income and ordinary income to be below our previous forecast. In addition, our net income attributable to owners of parent is also expected to be smaller than our previous forecast due to
the anticipated loss concerning the reorganization of our affiliates and the increase of profit attributable to non-controlling interests.
Given the above situation, we have revised our consolidated financial result forecast as above.
*The above forecasts are based on information available as of the date this announcement was released. Actual results may differ from the forecasted figures due to various factors arising in the future.