GFOOT CO.,LTD., First Half Net Income Loss Narrows

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.

Wed Oct 9, 2024 3:30 pm JST Earnings

2686 GFOOT CO.,LTD. 【J-GAAP】

Earnings Report

GFOOT CO.,LTD. <2686> [TSE-S] announced its financial results after the market closed on October 9th (15:30). The consolidated net loss for the cumulative second quarter of the fiscal year ending February 2025 (March to August) was a reduced loss of 159 million yen (compared to a loss of 800 million yen in the same period last year). The company has been in a state of excessive liabilities (4.9 billion yen) since the fiscal year ending February 2022.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income/loss for the September to February period (second half) is expected to turn into a profit of 169 million yen (compared to a loss of 968 million yen in the same period last year).

In the most recent three-month period, from June to August (2Q), the consolidated net loss improved to a deficit of loss of 367 million yen (compared to a loss of 836 million yen in the same period last year). The operating profit/loss margin improved from -4.4% in the same period last year to -1.8%.

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	33,009	-1,988	-2,088	-2,136	-50.2	ー	Oct 5, 2022	J-GAAP
Mar - Aug, 2023	33,665	-490	-615	-800	-18.8	ー	Oct 11, 2023	J-GAAP
Mar - Aug, 2024	32,273	118	-44	-159	-3.7	ー	Oct 9, 2024	J-GAAP
YoY	-4.1%	－	+92.8%	+80.1%	+80.1%

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	ー	ー	ー	ー	－	0	Apr 10, 2024	J-GAAP
Mar - Aug, 2024 Results	32,273	118	-44	-159	-3.7	0	Oct 9, 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
Sep - Feb, 2023	30,936	-591	-748	-968	-22.8	0	Apr 10, 2024	J-GAAP
Sep - Feb, 2024 Guidance	31,727	382	244	169	3.9	0	Oct 9, 2024	J-GAAP
YoY	+2.6%	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2023	65,695	-4,804	-5,004	-5,523	-129.8	0	Apr 12, 2023	J-GAAP
Feb, 2024	64,601	-1,081	-1,363	-1,768	-41.6	0	Apr 10, 2024	J-GAAP
Feb, 2025 Guidance	64,000	500	200	10	0.2	0	Apr 10, 2024	J-GAAP
YoY	-0.9%	－	－	－	－

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jun - Aug, 2023	15,590	-689	-754	-836	-19.7	-4.4	Oct 11, 2023	J-GAAP
Sep - Nov, 2023	15,544	-185	-268	-265	-6.2	-1.2	Jan 11, 2024	J-GAAP
Dec - Feb, 2023	15,392	-406	-480	-703	-16.5	-2.6	Apr 10, 2024	J-GAAP
Mar - May, 2024	16,933	400	317	208	4.9	2.4	Jul 10, 2024	J-GAAP
Jun - Aug, 2024	15,340	-282	-361	-367	-8.6	-1.8	Oct 9, 2024	J-GAAP
YoY	-1.6%	+59.1%	+52.1%	+56.1%	+56.1%