GENDA Inc., 2Q (May-July) Ordinary Profit Decreases by 19%

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.

Mon Sep 9, 2024 3:00 pm JST Earnings

9166 GENDA Inc. 【J-GAAP】

Earnings Report

GENDA Inc. <9166> [TSE-G] announced its financial results after the market closed on September 9th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending January 2025 (February to July) increased by 6.0% from the same period last year, reaching 2.88 billion yen. However, this progress accounts for 43.7% of the full-year plan of 6.6 billion yen, also falling below the same period of the previous year of 52.2%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the August to January period (second half) is expected to expand by 49.0% from the same period last year, reaching 3.71 billion yen.

In the most recent three-month period, from May to July (2Q), the consolidated ordinary profit decreased to 871 million yen, a 19.1% decrease compared to the same period last year. The operating profit margin drastically worsened from 8.8% in the same period last year to 4.5%.

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, 2023	24,515	2,767	2,723	1,975	31.0	52.2	Sep 8, 2023	J-GAAP
Feb - Jul, 2024	49,531	3,184	2,886	1,405	20.4	43.7	Sep 9, 2024	J-GAAP
YoY	+102.0%	+15.1%	+6.0%	-28.9%	-34.4%

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	ー	ー	ー	ー	－	0	Mar 11, 2024	J-GAAP
Feb - Jul, 2024 Results	49,531	3,184	2,886	1,405	20.4	0	Sep 9, 2024	J-GAAP
Revision Rate	－	－	－	－	－

Guidance Update

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jan, 2025 Prev	100,000	7,000	6,600	4,300	56.1	0	Mar 11, 2024	J-GAAP
Jan, 2025 New	110,000	7,000	6,600	4,300	56.1	0	Sep 9, 2024	J-GAAP
Revision Rate	+10.0%	0.0%	0.0%	0.0%	0.0%

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	31,182	2,603	2,493	2,203	33.3	0	Mar 11, 2024	J-GAAP
Aug - Jan, 2024 Guidance	60,469	3,816	3,714	2,895	37.7	0	Sep 9, 2024	J-GAAP
YoY	+93.9%	+46.6%	+49.0%	+31.4%	+13.2%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jan, 2024	55,697	5,370	5,216	4,178	63.2	0	Mar 11, 2024	J-GAAP
Jan, 2025 Guidance	110,000	7,000	6,600	4,300	56.1	0	Sep 9, 2024	J-GAAP
YoY	+97.5%	+30.4%	+26.5%	+2.9%	-11.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
May - Jul, 2023	12,521	1,097	1,077	390	6.1	8.8	Sep 8, 2023	J-GAAP
Aug - Oct, 2023	14,293	1,397	1,403	1,349	20.7	9.8	Dec 11, 2023	J-GAAP
Nov - Jan, 2023	16,889	1,206	1,090	854	12.9	7.1	Mar 11, 2024	J-GAAP
Feb - Apr, 2024	24,685	2,059	2,015	1,223	17.7	8.3	Jun 11, 2024	J-GAAP
May - Jul, 2024	24,846	1,125	871	182	2.6	4.5	Sep 9, 2024	J-GAAP
YoY	+98.4%	+2.6%	-19.1%	-53.3%	-56.9%