Sinanen : Notice of revision to full-year financial results forecasts （113KB）
May 12, 2024
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May 13, 2024
For Immediate Release
Company name: Sinanen Holdings Co., Ltd. Representative: Masaki Yamazaki, President and CEO (Securities code: 8132, Prime Market, TSE)
Inquiries: Kango Saito, General Manager of Finance and IR Department (Tel: +81-3-6478-7807)
Notice of revision to full-year financial results forecasts
The Company hereby announces that a decision was made to revise our financial results forecast for the
fiscal year ended March 31, 2024 (April 1, 2023 to March 31, 2024) that had been announced on November
13, 2023, as follows.
Details
1. Revisions to the full-year consolidated results forecasts for the fiscal year ended March 31, 2024 (April 1, 2023 to March 31, 2024)
Profit
Net sales
Operating
Ordinary
attributable
Profit per
profit
profit
to owners of
share
parent
Previously announced
million yen
million yen
million yen
million yen
Yen
forecasts (A)
380,000
(800)
(200)
(700)
(64.28)
Revised forecasts (B)
348,282
(711)
93
(1,039)
(95.53)
Change (B-A)
(31,718)
89
293
(339)
(31.25)
Change (%)
(8.3%)
-
-
-
-
(Reference) Previous
year's results
342,254
895
1,227
478
43.82
(FY 2022)
2. Reasons for revision
While net sales and operating profit generally went as expected, ordinary profit is expected to exceed the previous forecast because of the expected recording of insurance claim income of 214 million yen, etc.
Meanwhile, the forecast for loss attributable to owners of parent is expected to fall below the previous forecast because we expect to record extraordinary losses of 389 million yen, which includes 172 million yen for impairment loss on non-current assets as well as 124 million yen for loss on disaster because of solar power generation facilities and other equipment damaged by the 2024 Noto Peninsula Earthquake, and because we expect to record 94 million yen for deferred income taxes due to the reversal of deferred tax assets.
At the time of this announcement, no revisions have been made to the year-end dividend forecast for the fiscal year ended March 31, 2024.
End
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SINANEN Holdings Co. Ltd. published this content on
13 May 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
23 May 2024 07:42:04 UTC.
SINANEN HOLDINGS CO., LTD., is a Japan-based company mainly engaged in the energy wholesale and retail business, among others. It has three business segments. The Energy Wholesale and Retail segment (BtoB Business) is engaged in the sale of fuel such as liquefied petroleum (LP) gas, home energy peripheral business such as reform and gas appliance sales, home electric power sales business, supply of city gas, as well as security and delivery business of liquefied petroleum gas. Energy Solutions segment (BtoB Business) is engaged in the sales of various fuels such as petroleum products for large-scale customers, operation of gas stations, power supply development and corporate power sales business, sales of solar power generation systems and the provision of peripheral services, energy saving solutions business, housing equipment related business. Non-energy and Overseas segment includes antibacterial business, environment and recycling business, import and sale of bicycles and others.
SINANEN HOLDINGS CO., LTD. 
