Yoshimura Food Holdings K.K., First Half Ordinary Profit Increases by 47%

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.

Tue Oct 15, 2024 3:30 pm JST Earnings

2884 Yoshimura Food Holdings K.K. 【J-GAAP】

Earnings Report

Yoshimura Food Holdings K.K. <2884> [TSE-P] announced its financial results after the market closed on October 15th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending February 2025 (March to August) expanded to 2.01 billion yen, an increase of 46.6% compared to the same period last year. The progress rate against the 2.67 billion yen full-year plan was 75.3%, also surpassing the five-year average of 53.6%.

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 60.7% from the same period last year to 661 million yen.

In the most recent three-month period, from June to August (2Q), the consolidated ordinary profit decreased to 675 million yen, a 11.1% decrease compared to the same period last year. However, the operating profit margin improved from 3.5% in the same period last year to 5.7%.

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	16,349	193	747	406	17.1	56.5	Oct 14, 2022	J-GAAP
Mar - Aug, 2023	23,084	902	1,371	832	35.1	45.5	Oct 13, 2023	J-GAAP
Mar - Aug, 2024	28,738	2,003	2,010	834	35.1	75.3	Oct 15, 2024	J-GAAP
YoY	+24.5%	+122.1%	+46.6%	+0.2%	0.0%

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	－	0	Apr 15, 2024	J-GAAP
Mar - Aug, 2024 Results	28,738	2,003	2,010	834	35.1	0	Oct 15, 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	26,697	1,489	1,643	200	8.5	0	Apr 15, 2024	J-GAAP
Sep - Feb, 2024 Guidance	29,477	741	661	279	11.7	0	Oct 15, 2024	J-GAAP
YoY	+10.4%	-50.2%	-59.8%	+39.5%	+38.5%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2023	34,937	678	1,323	613	25.8	0	Apr 14, 2023	J-GAAP
Feb, 2024	49,781	2,391	3,014	1,032	43.6	0	Apr 15, 2024	J-GAAP
Feb, 2025 Guidance	58,215	2,744	2,671	1,113	46.7	0	Apr 15, 2024	J-GAAP
YoY	+16.9%	+14.8%	-11.4%	+7.8%	+7.1%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jun - Aug, 2023	11,503	399	759	439	18.5	3.5	Oct 13, 2023	J-GAAP
Sep - Nov, 2023	11,561	487	562	-243	-10.3	4.2	Jan 15, 2024	J-GAAP
Dec - Feb, 2023	15,136	1,002	1,081	443	18.7	6.6	Apr 15, 2024	J-GAAP
Mar - May, 2024	14,614	1,197	1,335	619	26.1	8.2	Jul 12, 2024	J-GAAP
Jun - Aug, 2024	14,124	806	675	215	9.1	5.7	Oct 15, 2024	J-GAAP
YoY	+22.8%	+102.0%	-11.1%	-51.0%	-51.2%