People Co., Ltd., First Half Ordinary Profit Turns to Loss, 2Q (May-July) Ordinary Profit Turns to Loss

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Fri Aug 30, 2024 5:00 pm JST Earnings

7865 People Co., Ltd. 【J-GAAP】

Earnings Report

People Co., Ltd. <7865> [TSE-S] announced its financial results after the market closed on August 30th (17:00). The ordinary profit/loss (non-consolidated) for the cumulative second quarter of the fiscal year ending January 2025 (February to July) turned into a loss of 144 million yen (compared to a profit of 97 million yen in the same period last year).

In the most recent three-month period, from May to July (2Q), the ordinary profit/loss turned to a loss of 94 million yen (compared to a profit of 91 million yen in the same period last year). The operating profit/loss margin drastically worsened from 6.4% in the same period last year to -28.7%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Feb - Jul, 2022	4,120	406	398	276	63.1	77.6	Sep 1, 2022	J-GAAP
Feb - Jul, 2023	2,394	90	97	67	15.3	21.6	Aug 31, 2023	J-GAAP
Feb - Jul, 2024	718	-147	-144	-150	-34.4	ー	Aug 30, 2024	J-GAAP
YoY	-70.0%	－	－	－	－

First Half Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb - Jul, 2024 Guidance	702	-144	-144	-144	-32.9	0	Jun 3, 2024	J-GAAP
Feb - Jul, 2024 Results	718	-147	-144	-150	-34.4	0	Aug 30, 2024	J-GAAP
Revision Rate	+2.3%	-2.1%	0.0%	-4.2%	-4.5%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Aug - Jan, 2023	2,959	341	352	246	56.2	48	Mar 1, 2024	J-GAAP
Aug - Jan, 2024 Guidance	ー	ー	ー	ー	－	－	Mar 1, 2024	J-GAAP
YoY	－	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jan, 2023	7,444	518	513	356	81.3	58	Mar 3, 2023	J-GAAP
Jan, 2024	5,353	431	449	313	71.5	48	Mar 1, 2024	J-GAAP
Jan, 2025 Guidance	ー	ー	ー	ー	－	－	Mar 1, 2024	J-GAAP
YoY	－	－	－	－	－

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
May - Jul, 2023	1,383	89	91	63	14.4	6.4	Aug 31, 2023	J-GAAP
Aug - Oct, 2023	1,998	303	314	220	50.2	15.2	Dec 1, 2023	J-GAAP
Nov - Jan, 2023	961	38	38	26	5.9	4.0	Mar 1, 2024	J-GAAP
Feb - Apr, 2024	380	-50	-50	-59	-13.4	-13.2	Jun 3, 2024	J-GAAP
May - Jul, 2024	338	-97	-94	-91	-20.9	-28.7	Aug 30, 2024	J-GAAP
YoY	-75.6%	－	－	－	－