Tesla Vs. Ford: New Defiance ETF Capitalized On Market Disruptors
Maruin - In the third quarter, there was an increase in revenue and significant profit growth, announcement of upward revision of full-year Financial Estimates and an increase in year-end Dividends.
Maru-Un <9067> announced its consolidated financial results for the third quarter of the fiscal year ending March 2025 (April-December 2024) on the 13th. Operating revenue increased by 2.1% year-on-year to 34.567 billion yen, operating profit rose by 181.0% to 0.964 billion yen, ordinary profit increased by 131.1% to 1.076 billion yen, and net profit attributable to shareholders of the parent company increased by 234.5% to 0.844 billion yen. The operating revenue from Trucking was the same as the previous year at 16.974 billion yen, and ordinary profit increased by 0.405 billion yen year-on-year to 4.91.
Tia --- In the first quarter, there was a double-digit revenue increase and significant profit growth, with the funeral business performing well.
On the 13th, Tier Co., Ltd. (<2485>) announced its consolidated financial results for the first quarter of the fiscal year ending September 2025 (October-December 2024). Revenue increased by 43.1% year-on-year to 5.428 billion yen, operating profit increased by 113.0% to 0.553 billion yen, ordinary profit increased by 135.0% to 0.597 billion yen, and the quarterly net profit attributable to shareholders of the parent company increased by 162.2% to 0.387 billion yen. The revenue from the funeral business was 5.026 billion yen, an increase of 37.9% year-on-year, and the operating profit was 0.967 billion yen, an increase of 39.1% year-on-year.
Kato Seisakusho --- Revision of the financial estimates for the fiscal year ending March 2025.
Kato Manufacturing Company <6390> announced on the 13th that it has revised its consolidated performance Financial Estimates for the fiscal year ending March 2025, which will be published on November 8, 2024. For the fiscal year ending March 2025, the domestic market continues to face a challenging sales environment due to delays in the sales of new high-end large rough terrain cranes, a decrease in repurchase demand due to falling prices in the used car market, and a sluggish demand for construction machinery due to a shortage of personnel involved in construction work. Additionally, in Overseas markets, there is a holdback in the USA ahead of the presidential election and in the European Index there is demand uncertainty.
Kato Manufacturing --- In the third quarter, ordinary profit increased until the profit period, and the loss margin of the China segment improved significantly.
On the 13th, Kato Manufacturing Co., Ltd. <6390> announced its consolidated financial results for the third quarter of the fiscal year ending March 2025 (April to December 2024). Revenue was 36.815 billion yen, down 8.8% year-on-year, operating profit was 0.897 billion yen, up 1.1% year-on-year, ordinary profit was 1.752 billion yen, up 1.4% year-on-year, and quarterly net loss attributable to the shareholders was 4.831 billion yen (compared to a profit of 2.877 billion yen in the same period last year). Revenue for the Japan segment was 32.257 billion yen, down 89.2% year-on-year, and segment profit was the same.
Segway - Confirmation of compliance with the listing maintenance standards of the Main Board market.
On the 10th, Segue Group <3968> announced that it has confirmed compliance with all the listing maintenance standards of the Main Board as of December 31, 2024. The company prepared a plan towards compliance on December 29, 2021, and has been working to meet the standards, including modifying the plan on March 26, 2024. As a result, as of December 31, 2024, there will be 11,332 Shareholders, 172,678 units of circulating Stocks, and a Market Cap of 10.43 billion yen.