Three F Co., Ltd., First Half Ordinary Profit Increases by 26%, June-Augus Ordinary Profit Increases by 8%

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 4:00 pm JST Earnings

7544 Three F Co., Ltd. 【J-GAAP】

Earnings Report

Three F Co., Ltd. <7544> [TSE-S] announced its financial results after the market closed on October 10th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending February 2025 (March to August) increased by 25.6% from the same period last year, reaching 594 million yen. The progress rate against the 745 million yen full-year plan was 79.7%, almost the same as the five-year average of 77.9%.

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 significant drop by 65.8% from the same period last year to 151 million yen.

In the most recent three-month period, from June to August (2Q), the consolidated ordinary profit grew by 8.2% from the same period last year, reaching 343 million yen. The operating profit margin improved from 8.8% in the same period last year to 9.5%.

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	6,646	115	117	-23	-3.1	74.5	Oct 13, 2022	J-GAAP
Mar - Aug, 2023	7,035	470	473	111	14.7	51.8	Oct 12, 2023	J-GAAP
Mar - Aug, 2024	7,004	592	594	157	20.8	79.7	Oct 10, 2024	J-GAAP
YoY	-0.4%	+26.0%	+25.6%	+41.4%	+41.2%

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	7,000	590	590	155	20.5	5	Sep 20, 2024	J-GAAP
Mar - Aug, 2024 Results	7,004	592	594	157	20.8	5	Oct 10, 2024	J-GAAP
Revision Rate	+0.1%	+0.3%	+0.7%	+1.3%	+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	6,822	439	441	106	14.0	5	Apr 11, 2024	J-GAAP
Sep - Feb, 2024 Guidance	6,496	148	151	-12	-1.6	5	Oct 10, 2024	J-GAAP
YoY	-4.8%	-66.3%	-65.8%	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2023	13,213	152	157	-164	-21.7	10	Apr 13, 2023	J-GAAP
Feb, 2024	13,857	909	914	217	28.7	10	Apr 11, 2024	J-GAAP
Feb, 2025 Guidance	13,500	740	745	145	19.1	10	Sep 20, 2024	J-GAAP
YoY	-2.6%	-18.6%	-18.5%	-33.2%	-33.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jun - Aug, 2023	3,593	315	317	77	10.2	8.8	Oct 12, 2023	J-GAAP
Sep - Nov, 2023	3,470	200	201	53	7.0	5.8	Jan 11, 2024	J-GAAP
Dec - Feb, 2023	3,352	239	240	53	7.0	7.1	Apr 11, 2024	J-GAAP
Mar - May, 2024	3,413	250	251	72	9.6	7.3	Jul 11, 2024	J-GAAP
Jun - Aug, 2024	3,591	342	343	85	11.3	9.5	Oct 10, 2024	J-GAAP
YoY	-0.1%	+8.6%	+8.2%	+10.4%	+10.2%