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.
(C) 2024 MINKABU THE INFONOID, Inc.

FIT EASY Inc., The Current Fiscal Year Ordinary Profit Revised Upward by 7%, Adds to Record High Profit Forecast, Dividend Revised Upward by 7.37 yen

Fri Sep 13, 2024 3:00 pm JST Earnings

212A FIT EASY Inc. 【J-GAAP】

Earnings Report

FIT EASY Inc. <212A> [TSE-S] announced its financial results after the market closed on September 13th (15:00). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending October 2024 (November 2023 to July 2024) was 1.16 billion yen.

In addition, the full-year ordinary profit has been revised upward by 7.0%, from the previous forecast of 1.45 billion yen to 1.56 billion yen (compared to 1.09 billion yen in the previous period), increasing the growth rate from 33.3% to 42.6%, further surpassing the previous forecast of record-high profits for three consecutive terms.

Based on the full-year plan announced by the company after the upward revision, our estimate of the ordinary profit for the May to October period (second half) is expected to increase by 18.0%, from the previous forecast of 566 million yen to 668 million yen.

In light of the strong performance, the company has significantly increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 12.63 yen to 20 yen (compared to no dividend in the previous period)

Kabutan News

Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Nov - Jul, 2023 4,733 1,191 1,162 768 51.4 74.5 Sep 13, 2024 J-GAAP
YoY

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
May - Oct, 2024 Prev 2,954 588 566 342 21.6 12.63 Jul 23, 2024 J-GAAP
May - Oct, 2024 New 3,390 691 668 439 27.7 20 Sep 13, 2024 J-GAAP
Revision Rate +14.8% +17.5% +18.0% +28.4% +28.4%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct, 2024 Prev 6,064 1,487 1,458 930 58.7 12.63 Jul 23, 2024 J-GAAP
Oct, 2024 New 6,500 1,590 1,560 1,027 64.8 20 Sep 13, 2024 J-GAAP
Revision Rate +7.2% +6.9% +7.0% +10.4% +10.4%

Current Period Guidance

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct, 2024 Guidance 6,500 1,590 1,560 1,027 64.8 20 Sep 13, 2024 J-GAAP
YoY 0.0% 0.0% 0.0% 0.0% 0.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
May - Jul, 2024 1,623 292 270 180 12.0 18.0 Sep 13, 2024 J-GAAP
YoY

Related Articles