kabutan

TOKYO BASE Co., Ltd., First Half Ordinary Profit Increases by 32%

Tue Sep 17, 2024 3:00 pm JST Earnings

3415 TOKYO BASE Co., Ltd. 【J-GAAP】

Earnings Report

TOKYO BASE Co., Ltd. <3415> [TSE-P] announced its financial results after the market closed on September 17th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending January 2025 (February to July) expanded to 545 million yen, an increase of 32.0% compared to the same period last year. However, this progress accounts for 38.9% of the full-year plan of 1.4 billion yen, almost the same as the same period of the previous year of 36.8%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the August to January period (second half) is expected to grow by 20.6% from the same period last year, reaching 855 million yen.

In the most recent three-month period, from May to July (2Q), the consolidated ordinary profit amounted to 306 million yen, an increase of 2.0% compared to the same period last year. The operating profit margin significantly improved from 4.4% in the same period last year to 8.3%.

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, 2022 8,896 -15 205 0 0.0 77.4 Sep 14, 2022 J-GAAP
Feb - Jul, 2023 9,656 316 413 193 4.2 36.8 Sep 14, 2023 J-GAAP
Feb - Jul, 2024 9,109 523 545 256 5.8 38.9 Sep 17, 2024 J-GAAP
YoY -5.7% +65.5% +32.0% +32.6% +38.7%

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 0 Mar 18, 2024 J-GAAP
Feb - Jul, 2024 Results 9,109 523 545 256 5.8 0 Sep 17, 2024 J-GAAP
Revision Rate

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 10,330 565 709 142 3.1 4 Mar 18, 2024 J-GAAP
Aug - Jan, 2024 Guidance 10,891 1,077 855 494 11.5 5 Sep 17, 2024 J-GAAP
YoY +5.4% +90.6% +20.6% +247.9% +270.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan, 2023 19,181 215 265 -539 -11.8 2 Mar 15, 2023 J-GAAP
Jan, 2024 19,986 881 1,122 335 7.3 4 Mar 18, 2024 J-GAAP
Jan, 2025 Guidance 20,000 1,600 1,400 750 17.4 5 Mar 18, 2024 J-GAAP
YoY +0.1% +81.6% +24.8% +123.9% +138.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
May - Jul, 2023 4,931 219 300 194 4.2 4.4 Sep 14, 2023 J-GAAP
Aug - Oct, 2023 4,648 50 170 -175 -4.0 1.1 Dec 15, 2023 J-GAAP
Nov - Jan, 2023 5,682 515 539 317 6.9 9.1 Mar 18, 2024 J-GAAP
Feb - Apr, 2024 4,770 163 239 100 2.2 3.4 Jun 14, 2024 J-GAAP
May - Jul, 2024 4,339 360 306 156 3.6 8.3 Sep 17, 2024 J-GAAP
YoY -12.0% +64.4% +2.0% -19.6% -15.8%

Related Articles