TWINBIRD CORPORATION, First Half Ordinary Profit Loss Widens, June-Augus Ordinary Profit Loss Widens

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 11, 2024 2:00 pm JST Earnings

6897 TWINBIRD CORPORATION 【J-GAAP】

Earnings Report

TWINBIRD CORPORATION <6897> [TSE-S] announced its financial results in the afternoon session on October 11th (14:00). The ordinary loss (non-consolidated) for the cumulative second quarter of the fiscal year ending February 2025 (March to August) expanded to a loss of 328 million yen (compared to a loss of 193 million yen in the same period last year).

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the September to February period (second half) is expected to expand by 41.5% from the same period last year, reaching 508 million yen.

In the most recent three-month period, from June to August (2Q), the ordinary loss expanded to a loss of 162 million yen (compared to a loss of 80 million yen in the same period last year). The operating profit/loss margin worsened from -4.2% in the same period last year to -7.1%.

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	4,805	-480	-400	-299	-28.3	ー	Oct 13, 2022	J-GAAP
Mar - Aug, 2023	4,786	-228	-193	-143	-13.5	ー	Oct 12, 2023	J-GAAP
Mar - Aug, 2024	4,454	-350	-328	-221	-20.8	ー	Oct 11, 2024	J-GAAP
YoY	-6.9%	-53.5%	-69.9%	-54.5%	-54.1%

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	－	3	Apr 12, 2024	J-GAAP
Mar - Aug, 2024 Results	4,454	-350	-328	-221	-20.8	3	Oct 11, 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	5,517	341	359	251	23.6	10	Apr 12, 2024	J-GAAP
Sep - Feb, 2024 Guidance	6,046	550	508	351	32.9	10	Oct 11, 2024	J-GAAP
YoY	+9.6%	+61.3%	+41.5%	+39.8%	+39.3%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2023	10,930	40	143	69	6.6	13	Apr 12, 2023	J-GAAP
Feb, 2024	10,303	113	166	108	10.2	13	Apr 12, 2024	J-GAAP
Feb, 2025 Guidance	10,500	200	180	130	12.2	13	Apr 12, 2024	J-GAAP
YoY	+1.9%	+77.0%	+8.4%	+20.4%	+20.0%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jun - Aug, 2023	2,419	-101	-80	-62	-5.9	-4.2	Oct 12, 2023	J-GAAP
Sep - Nov, 2023	2,166	-67	-56	-40	-3.8	-3.1	Jan 11, 2024	J-GAAP
Dec - Feb, 2023	3,351	408	415	291	27.4	12.2	Apr 12, 2024	J-GAAP
Mar - May, 2024	2,196	-190	-166	-117	-11.0	-8.7	Jul 12, 2024	J-GAAP
Jun - Aug, 2024	2,258	-160	-162	-104	-9.8	-7.1	Oct 11, 2024	J-GAAP
YoY	-6.7%	-58.4%	-102.5%	-67.7%	-67.2%