OOMITSU CO., LTD., June-August (1Q) Ordinary Profit Decreases by 58%

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Wed Sep 25, 2024 3:00 pm JST Earnings

3160 OOMITSU CO., LTD. 【J-GAAP】

Earnings Report

OOMITSU CO., LTD. <3160> [TSE-S] announced its financial results after the market closed on September 25th (15:00). The consolidated ordinary profit for the first quarter of the fiscal year ending May 2025 (June to August) significantly dropped by 58.2% from the same period last year to 135 million yen. This progress accounts for 61.4% of the plan for the six months ending November (first half) of 220 million yen, also surpassing the progress rate of 53.4% from the same period of the previous year.

In the most recent three-month period, from June to August (1Q), the operating profit margin worsened from 1.8% in the same period last year to 0.7%.

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Actual Results

Accumulated Results 1st Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Jun - Aug, 2022	15,083	5	19	4	0.4	9.9	Sep 26, 2022	J-GAAP
Jun - Aug, 2023	16,590	301	323	201	13.7	53.4	Sep 25, 2023	J-GAAP
Jun - Aug, 2024	18,228	121	135	78	5.4	61.4	Sep 25, 2024	J-GAAP
YoY	+9.9%	-59.8%	-58.2%	-61.2%	-60.8%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jun - Nov, 2023	33,690	574	605	378	25.8	5.50	Dec 21, 2023	J-GAAP
Jun - Nov, 2024 Guidance	36,900	200	220	120	8.2	6.50	Jul 11, 2024	J-GAAP
YoY	+9.5%	-65.2%	-63.6%	-68.3%	-68.3%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
May, 2023	64,825	762	820	424	31.3	10	Jul 12, 2023	J-GAAP
May, 2024	70,505	1,084	1,145	760	51.8	12	Jul 11, 2024	J-GAAP
May, 2025 Guidance	75,500	1,000	1,040	660	45.0	13	Jul 11, 2024	J-GAAP
YoY	+7.1%	-7.7%	-9.2%	-13.2%	-13.2%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jun - Aug, 2023	16,590	301	323	201	13.7	1.8	Sep 25, 2023	J-GAAP
Sep - Nov, 2023	17,100	273	282	177	12.1	1.6	Dec 21, 2023	J-GAAP
Dec - Feb, 2023	18,058	114	122	-20	-1.4	0.6	Mar 25, 2024	J-GAAP
Mar - May, 2024	18,757	396	418	402	27.4	2.1	Jul 11, 2024	J-GAAP
Jun - Aug, 2024	18,228	121	135	78	5.4	0.7	Sep 25, 2024	J-GAAP
YoY	+9.9%	-59.8%	-58.2%	-61.2%	-60.8%