Happiness and D Co.,Ltd., Aiming for Return to Profitability This Year

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Tue Oct 15, 2024 3:10 pm JST Earnings

3174 Happiness and D Co.,Ltd. 【J-GAAP】

Earnings Report

Happiness and D Co.,Ltd. <3174> [TSE-S] announced its financial results after the market closed on October 15th (15:10). The consolidated net loss for the fiscal year ending August 2024 was loss of 459 million yen, a reduction in the deficit compared to loss of 459 million yen in the previous term. For the fiscal year ending August 2025, the profit is expected to turn into a profit of 67 million yen.

In the most recent three-month period, from June to August (4Q), the consolidated net loss improved to a deficit of loss of 302 million yen (compared to a loss of 489 million yen in the same period last year). However, the operating profit/loss margin remained almost flat, changing from -4.0% in the same period last year to -4.2%.

Kabutan News

Actual Results

Historical Performance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Aug, 2022	13,608	190	191	89	35.4	15	Oct 14, 2022	J-GAAP
Aug, 2023	12,742	-216	-243	-668	-263.4	15	Oct 12, 2023	J-GAAP
Aug, 2024	10,780	-158	-186	-459	-180.4	15	Oct 15, 2024	J-GAAP
YoY	-15.4%	+26.9%	+23.5%	+31.3%	+31.5%

Full Year Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Aug, 2024 Guidance	10,817	-145	-171	-248	-97.5	15	Aug 20, 2024	J-GAAP
Aug, 2024 Results	10,780	-158	-186	-459	-180.4	15	Oct 15, 2024	J-GAAP
Revision Rate	-0.3%	-9.0%	-8.8%	-85.1%	-85.0%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep - Feb, 2023	5,974	44	30	-19	-7.8	7.50	Apr 12, 2024	J-GAAP
Sep - Feb, 2024 Guidance	5,491	173	154	101	39.6	7.50	Oct 15, 2024	J-GAAP
YoY	-8.1%	+293.2%	+413.3%	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Aug, 2023	12,742	-216	-243	-668	-263.4	15	Oct 12, 2023	J-GAAP
Aug, 2024	10,780	-158	-186	-459	-180.4	15	Oct 15, 2024	J-GAAP
Aug, 2025 Guidance	10,321	178	138	67	26.3	15	Oct 15, 2024	J-GAAP
YoY	-4.3%	－	－	－	－

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jun - Aug, 2023	2,893	-115	-122	-489	-192.9	-4.0	Oct 12, 2023	J-GAAP
Sep - Nov, 2023	2,442	-184	-191	-209	-82.3	-7.5	Jan 12, 2024	J-GAAP
Dec - Feb, 2023	3,532	228	221	190	78.0	6.5	Apr 12, 2024	J-GAAP
Mar - May, 2024	2,410	-102	-107	-138	-54.5	-4.2	Jul 12, 2024	J-GAAP
Jun - Aug, 2024	2,396	-100	-109	-302	-118.7	-4.2	Oct 15, 2024	J-GAAP
YoY	-17.2%	+13.0%	+10.7%	+38.2%	+38.5%