kabutan

RIDE ON EXPRESS HOLDINGS Co.,Ltd., The Current Fiscal Year Ordinary Profit Revised Downward to an Unexpected 36% Decrease

Wed Sep 25, 2024 3:00 pm JST Revision

6082 RIDE ON EXPRESS HOLDINGS Co.,Ltd. 【J-GAAP】

Guidance Update Report

RIDE ON EXPRESS HOLDINGS Co.,Ltd. <6082> [TSE-S] announced a performance revision after the market closed on September 25th (15:00). The consolidated ordinary profit for the fiscal year ending March 2025 has downwardly by 42.0%, from the previous forecast of 1.13 billion yen to 658 million yen (compared to 1.02 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 35.7% decrease in profit.

At the same time, the April to September period (first half) consolidated ordinary profit/loss has been revised downward from an expected profit of profit of 222 million yen to a loss of 46 million yen (compared to a profit of 331 million yen in the same period of the previous year), turning to a loss outlook.

Kabutan News

Guidance Update

First Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 Prev 10,633 230 222 130 13.3 0 May 15, 2024 J-GAAP
Apr - Sep, 2024 New 10,650 -7 -46 -90 -9.2 0 Sep 25, 2024 J-GAAP
Revision Rate +0.2% － － － －

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 23,188 1,151 1,135 709 72.5 15 May 15, 2024 J-GAAP
Mar, 2025 New 23,229 704 658 372 38.0 15 Sep 25, 2024 J-GAAP
Revision Rate +0.2% -38.8% -42.0% -47.5% -47.5%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2023 11,051 318 331 122 12.6 0 Nov 13, 2023 J-GAAP
Apr - Sep, 2024 Guidance 10,650 -7 -46 -90 -9.2 0 Sep 25, 2024 J-GAAP
YoY -3.6% － － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 25,353 1,251 1,099 546 55.6 30 May 15, 2023 J-GAAP
Mar, 2024 23,995 1,067 1,024 364 37.4 15 May 15, 2024 J-GAAP
Mar, 2025 Guidance 23,229 704 658 372 38.0 15 Sep 25, 2024 J-GAAP
YoY -3.2% -34.0% -35.7% +2.2% +1.6%

Related Articles