MrMax Holdings Ltd., First Half Ordinary Profit Increases by 21%

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.

Thu Oct 10, 2024 3:00 pm JST Earnings

8203 MrMax Holdings Ltd. 【J-GAAP】

Earnings Report

MrMax Holdings Ltd. <8203> [TSE-P] announced its financial results after the market closed on October 10th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending February 2025 (March to August) increased by 21.3% from the same period last year, reaching 2.24 billion yen, exceeded the previous forecast of 1.9 billion yen.

The progress rate against the 3.2 billion yen full-year plan was 70.2%, also surpassing the five-year average of 60.3%.

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 decrease by 9.6% from the same period last year to 955 million yen.

In the most recent three-month period, from June to August (2Q), the consolidated ordinary profit grew by 20.5% from the same period last year, reaching 1.39 billion yen. The operating profit margin improved from 3.4% in the same period last year to 3.8%.

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	63,952	2,771	2,707	1,832	55.2	59.8	Oct 14, 2022	J-GAAP
Mar - Aug, 2023	65,524	1,899	1,851	1,196	36.0	63.7	Oct 13, 2023	J-GAAP
Mar - Aug, 2024	69,183	2,243	2,245	1,455	43.7	70.2	Oct 10, 2024	J-GAAP
YoY	+5.6%	+18.1%	+21.3%	+21.7%	+21.5%

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	67,000	2,000	1,900	1,300	39.1	0	Apr 11, 2024	J-GAAP
Mar - Aug, 2024 Results	69,183	2,243	2,245	1,455	43.7	0	Oct 10, 2024	J-GAAP
Revision Rate	+3.3%	+12.2%	+18.2%	+11.9%	+12.0%

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	64,046	1,122	1,057	1,248	37.6	18	Apr 11, 2024	J-GAAP
Sep - Feb, 2024 Guidance	62,817	1,057	955	745	22.4	20	Oct 10, 2024	J-GAAP
YoY	-1.9%	-5.8%	-9.6%	-40.3%	-40.4%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2023	126,904	4,632	4,523	3,427	103.2	27	Apr 13, 2023	J-GAAP
Feb, 2024	129,570	3,021	2,908	2,444	73.5	18	Apr 11, 2024	J-GAAP
Feb, 2025 Guidance	132,000	3,300	3,200	2,200	66.1	20	Apr 11, 2024	J-GAAP
YoY	+1.9%	+9.2%	+10.0%	-10.0%	-10.1%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jun - Aug, 2023	34,570	1,175	1,154	734	22.1	3.4	Oct 13, 2023	J-GAAP
Sep - Nov, 2023	31,463	587	539	354	10.7	1.9	Jan 12, 2024	J-GAAP
Dec - Feb, 2023	32,583	535	518	894	26.9	1.6	Apr 11, 2024	J-GAAP
Mar - May, 2024	32,199	844	855	541	16.3	2.6	Jul 12, 2024	J-GAAP
Jun - Aug, 2024	36,984	1,399	1,390	914	27.5	3.8	Oct 10, 2024	J-GAAP
YoY	+7.0%	+19.1%	+20.5%	+24.5%	+24.4%