Star Asia Investment, 10% Increase in Ordinary Profit, Update Record High for Fourth Consecutive Term

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Fri Sep 13, 2024 3:00 pm JST Earnings

3468 Star Asia Investment

Earnings Report

Star Asia Investment <3468> [TSE-REIT] announced its financial results after the market closed on September 13th (15:00). ordinary profit for the fiscal year ending July 2024 increased by 4.0% from the previous period to 3.66 billion yen. For the fiscal year ending January 2025, the profit is expected to grow by 10.0% to 4.03 billion yen, marking the fourth consecutive term of record-high profits.

At the same time, the company plans to set the distribution for the current term at 1538 yen.

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Actual Results

Historical Performance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul, 2023	6,946	3,606	3,073	3,073	1,599.0	1,586	Sep 13, 2023	J-GAAP
Jan, 2024	7,964	4,309	3,528	3,527	1,518.0	1,524	Mar 15, 2024	J-GAAP
Jul, 2024	8,113	4,338	3,669	3,668	1,546.0	1,596	Sep 13, 2024	J-GAAP
YoY	+1.9%	+0.7%	+4.0%	+4.0%	+1.8%

Full Year Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul, 2024 Guidance	8,097	4,332	3,663	3,662	1,543.8	1,596	Aug 19, 2024	J-GAAP
Jul, 2024 Results	8,113	4,338	3,669	3,668	1,546.0	1,596	Sep 13, 2024	J-GAAP
Revision Rate	+0.2%	+0.1%	+0.2%	+0.2%	+0.1%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jan, 2024	7,964	4,309	3,528	3,527	1,518.0	1,524	Mar 15, 2024	J-GAAP
Jul, 2024	8,113	4,338	3,669	3,668	1,546.0	1,596	Sep 13, 2024	J-GAAP
Jan, 2025 Guidance	9,141	5,003	4,035	4,035	1,501.7	1,538	Sep 13, 2024	J-GAAP
YoY	+12.7%	+15.3%	+10.0%	+10.0%	-2.9%

Quarterly Results