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ITO EN,LTD., 1Q (May-July) Ordinary Profit Decreases by 31%

Mon Sep 2, 2024 3:00 pm JST Earnings

2593 ITO EN,LTD. 【J-GAAP】

Earnings Report

ITO EN,LTD. <2593> [TSE-P] announced its financial results after the market closed on September 2nd (15:00). The consolidated ordinary profit for the first quarter of the fiscal year ending April 2025 (May to July) dropped by 31.5% from the same period last year to 7.21 billion yen. This progress accounts for 27.0% of the full-year plan of 26.7 billion yen, almost the same as the five-year average of 31.7%.

In the most recent three-month period, from May to July (1Q), the operating profit margin worsened from 8.2% in the same period last year to 5.7%.

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Actual Results

Accumulated Results 1st Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
May - Jul, 2022 113,225 6,002 6,701 4,217 34.9 53.4 Sep 1, 2022 J-GAAP
May - Jul, 2023 121,154 9,992 10,536 6,828 56.4 58.2 Sep 1, 2023 J-GAAP
May - Jul, 2024 125,039 7,128 7,219 4,440 37.3 Sep 2, 2024 J-GAAP
YoY +3.2% -28.7% -31.5% -35.0% -33.9%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
May - Oct, 2023 242,527 17,046 18,089 11,209 91.0 21 Dec 1, 2023 J-GAAP
May - Oct, 2024 Guidance 22 Jun 3, 2024 J-GAAP
YoY

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr, 2023 431,674 19,588 20,341 12,888 103.8 40 Jun 1, 2023 J-GAAP
Apr, 2024 453,899 25,023 26,681 15,650 126.4 42 Jun 3, 2024 J-GAAP
Apr, 2025 Guidance 466,600 26,500 26,700 17,200 147.3 44 Jun 3, 2024 J-GAAP
YoY +2.8% +5.9% +0.1% +9.9% +16.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
May - Jul, 2023 121,154 9,992 10,536 6,828 56.4 8.2 Sep 1, 2023 J-GAAP
Aug - Oct, 2023 121,373 7,054 7,553 4,381 35.6 5.8 Dec 1, 2023 J-GAAP
Nov - Jan, 2023 103,724 4,712 4,892 3,034 24.7 4.5 Mar 1, 2024 J-GAAP
Feb - Apr, 2024 107,648 3,265 3,700 1,407 11.4 3.0 Jun 3, 2024 J-GAAP
May - Jul, 2024 125,039 7,128 7,219 4,440 37.3 5.7 Sep 2, 2024 J-GAAP
YoY +3.2% -28.7% -31.5% -35.0% -33.9%

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