WADAKOHSAN CORPORATION, The Current Fiscal Year Ordinary Profit Revised Upward to an Unexpected 9% Increase, Adds to Record High Profit Forecast

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Fri Sep 13, 2024 3:30 pm JST Revision

8931 WADAKOHSAN CORPORATION 【J-GAAP】

Guidance Update Report

WADAKOHSAN CORPORATION <8931> [TSE-S] announced a performance revision after the market closed on September 13th (15:30). The ordinary profit (non-consolidated) for the fiscal year ending February 2025 has been revised upward by 9.2%, from the previous forecast of 3.8 billion yen to 4.15 billion yen (compared to 3.82 billion yen in the previous period), record profits reach four consecutive terms, turning to a 8.6% increase in the ordinary profit outlook.

At the same time, the March to August period (first half) ordinary profit has been revised upward by 30.0%, from the previous forecast of 1.4 billion yen to 1.82 billion yen (compared to 2.14 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 34.6% to 15.0%.

Kabutan News

Guidance Update

First Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar - Aug, 2024 Prev	19,000	1,900	1,400	1,000	91.3	26	Apr 12, 2024	J-GAAP
Mar - Aug, 2024 New	20,100	2,170	1,820	1,240	113.2	26	Sep 13, 2024	J-GAAP
Revision Rate	+5.8%	+14.2%	+30.0%	+24.0%	+24.0%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2025 Prev	39,000	4,700	3,800	2,700	246.5	65	Apr 12, 2024	J-GAAP
Feb, 2025 New	40,000	4,950	4,150	2,950	269.3	65	Sep 13, 2024	J-GAAP
Revision Rate	+2.6%	+5.3%	+9.2%	+9.3%	+9.3%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar - Aug, 2023	20,789	2,502	2,141	1,481	133.5	26	Oct 6, 2023	J-GAAP
Mar - Aug, 2024 Guidance	20,100	2,170	1,820	1,240	113.2	26	Sep 13, 2024	J-GAAP
YoY	-3.3%	-13.3%	-15.0%	-16.3%	-15.2%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2023	42,712	4,387	3,607	2,382	214.6	50	Apr 7, 2023	J-GAAP
Feb, 2024	38,825	4,528	3,820	2,638	237.7	60	Apr 12, 2024	J-GAAP
Feb, 2025 Guidance	40,000	4,950	4,150	2,950	269.3	65	Sep 13, 2024	J-GAAP
YoY	+3.0%	+9.3%	+8.6%	+11.8%	+13.3%