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OTAKE CORPORATION, June-August (1Q) Ordinary Profit Decreases by 14%

Fri Oct 11, 2024 1:00 pm JST Earnings

7434 OTAKE CORPORATION 【J-GAAP】

Earnings Report

OTAKE CORPORATION <7434> [TSE-S] announced its financial results in the afternoon session on October 11th (13:00). The ordinary profit (non-consolidated) for the first quarter of the fiscal year ending May 2025 (June to August) decreased by 14.1% from the same period last year to 213 million yen. The progress rate against the 620 million yen plan for the six months ending November (first half) was 34.4%, which was higher than the five-year average of 30.0%.

In the most recent three-month period, from June to August (1Q), the operating profit margin worsened from 2.6% in the same period last year to 2.1%.

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Actual Results

Accumulated Results 1st Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jun - Aug, 2022 6,728 126 170 115 28.9 29.6 Oct 14, 2022 J-GAAP
Jun - Aug, 2023 7,887 206 248 168 42.2 40.2 Oct 12, 2023 J-GAAP
Jun - Aug, 2024 7,598 158 213 144 36.1 34.4 Oct 11, 2024 J-GAAP
YoY -3.7% -23.3% -14.1% -14.3% -14.5%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun - Nov, 2023 15,731 517 617 420 105.2 0 Jan 12, 2024 J-GAAP
Jun - Nov, 2024 Guidance 16,000 520 620 430 109.8 0 Jul 12, 2024 J-GAAP
YoY +1.7% +0.6% +0.5% +2.4% +4.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
May, 2023 29,321 915 1,105 822 205.9 33 Jul 14, 2023 J-GAAP
May, 2024 31,253 916 1,117 774 193.5 35 Jul 12, 2024 J-GAAP
May, 2025 Guidance 32,000 950 1,150 780 199.2 35 Jul 12, 2024 J-GAAP
YoY +2.4% +3.7% +3.0% +0.8% +2.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jun - Aug, 2023 7,887 206 248 168 42.2 2.6 Oct 12, 2023 J-GAAP
Sep - Nov, 2023 7,844 311 369 252 63.1 4.0 Jan 12, 2024 J-GAAP
Dec - Feb, 2023 7,653 197 235 145 36.3 2.6 Apr 12, 2024 J-GAAP
Mar - May, 2024 7,869 202 265 209 52.3 2.6 Jul 12, 2024 J-GAAP
Jun - Aug, 2024 7,598 158 213 144 36.1 2.1 Oct 11, 2024 J-GAAP
YoY -3.7% -23.3% -14.1% -14.3% -14.5%

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