PALEMO HOLDINGS CO.,LTD., The Current Fiscal Year Ordinary Profit Revised Downward to an Unexpected 9% Decrease

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Tue Sep 17, 2024 3:30 pm JST Revision

2778 PALEMO HOLDINGS CO.,LTD. 【J-GAAP】

Guidance Update Report

PALEMO HOLDINGS CO.,LTD. <2778> [TSE-S] announced a performance revision after the market closed on September 17th (15:30). The consolidated ordinary profit for the fiscal year ending February 2025 has downwardly by 26.5%, from the previous forecast of 415 million yen to 305 million yen (compared to 336 million yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 9.2% decrease in profit.

At the same time, the March to August period (first half) consolidated ordinary profit has downwardly by 19.7%, from the previous forecast of 310 million yen to 249 million yen (compared to 437 million yen in the same period of the previous year), leading to an increase in the profit decline rate from 29.1% to 43.0%.

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	8,080	320	310	305	25.4	0	Mar 29, 2024	J-GAAP
Mar - Aug, 2024 New	7,834	262	249	105	8.7	0	Sep 17, 2024	J-GAAP
Revision Rate	-3.0%	-18.1%	-19.7%	-65.6%	-65.6%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2025 Prev	15,870	440	415	420	34.9	0	Mar 29, 2024	J-GAAP
Feb, 2025 New	15,370	365	305	175	14.6	0	Sep 17, 2024	J-GAAP
Revision Rate	-3.2%	-17.0%	-26.5%	-58.3%	-58.3%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar - Aug, 2023	8,412	454	437	508	42.3	0	Sep 29, 2023	J-GAAP
Mar - Aug, 2024 Guidance	7,834	262	249	105	8.7	0	Sep 17, 2024	J-GAAP
YoY	-6.9%	-42.3%	-43.0%	-79.3%	-79.4%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2023	17,513	527	580	562	46.8	0	Mar 31, 2023	J-GAAP
Feb, 2024	15,941	362	336	411	34.2	0	Mar 29, 2024	J-GAAP
Feb, 2025 Guidance	15,370	365	305	175	14.6	0	Sep 17, 2024	J-GAAP
YoY	-3.6%	+0.8%	-9.2%	-57.4%	-57.5%