YAKUODO HOLDINGS Co., Ltd., First Half Ordinary Profit Revised Downward to an Unexpected 4%Decrease

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Fri Oct 4, 2024 3:30 pm JST Earnings

7679 YAKUODO HOLDINGS Co., Ltd. 【J-GAAP】

Earnings Report

YAKUODO HOLDINGS Co., Ltd. <7679> [TSE-P] announced its financial results after the market closed on October 4th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending February 2025 (March to August) decreased by 3.7% from the same period last year to 3.32 billion yen, resulting in a decrease in profits compared to the previous forecast of a 1.2% increase.

The progress rate against the 6 billion yen full-year plan was 55.5%, below the five-year average of 59.6%.

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 September to February period (second half) is expected to grow by 23.3% from the same period last year, reaching 2.67 billion yen.

In the most recent three-month period, from June to August (2Q), the consolidated ordinary profit decreased to 1.84 billion yen, a 8.5% decrease compared to the same period last year. The operating profit margin worsened from 5.1% in the same period last year to 4.4%.

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
Mar - Aug, 2022	64,683	2,822	2,986	2,060	104.6	59.5	Oct 5, 2022	J-GAAP
Mar - Aug, 2023	71,542	3,269	3,458	2,289	116.9	61.5	Oct 5, 2023	J-GAAP
Mar - Aug, 2024	76,791	3,180	3,329	2,361	120.5	55.5	Oct 4, 2024	J-GAAP
YoY	+7.3%	-2.7%	-3.7%	+3.1%	+3.1%

First Half Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar - Aug, 2024 Guidance	76,800	3,350	3,500	2,400	122.5	0	Apr 5, 2024	J-GAAP
Mar - Aug, 2024 Results	76,791	3,180	3,329	2,361	120.5	0	Oct 4, 2024	J-GAAP
Revision Rate	0.0%	-5.1%	-4.9%	-1.6%	-1.6%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep - Feb, 2023	70,699	1,940	2,167	1,536	78.4	26	Apr 5, 2024	J-GAAP
Sep - Feb, 2024 Guidance	75,409	2,520	2,671	1,639	83.6	27	Oct 4, 2024	J-GAAP
YoY	+6.7%	+29.9%	+23.3%	+6.7%	+6.7%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2023	128,791	4,660	5,017	3,240	165.0	25	Apr 5, 2023	J-GAAP
Feb, 2024	142,241	5,209	5,625	3,825	195.2	26	Apr 5, 2024	J-GAAP
Feb, 2025 Guidance	152,200	5,700	6,000	4,000	204.1	27	Apr 5, 2024	J-GAAP
YoY	+7.0%	+9.4%	+6.7%	+4.6%	+4.6%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jun - Aug, 2023	37,764	1,919	2,017	1,305	66.6	5.1	Oct 5, 2023	J-GAAP
Sep - Nov, 2023	35,315	1,390	1,534	1,062	54.2	3.9	Jan 5, 2024	J-GAAP
Dec - Feb, 2023	35,384	550	633	474	24.2	1.6	Apr 5, 2024	J-GAAP
Mar - May, 2024	36,625	1,403	1,483	1,027	52.5	3.8	Jul 5, 2024	J-GAAP
Jun - Aug, 2024	40,166	1,777	1,846	1,334	68.1	4.4	Oct 4, 2024	J-GAAP
YoY	+6.4%	-7.4%	-8.5%	+2.2%	+2.2%