Twenty-four seven Inc., The Current Fiscal Year Net Income Loss Widened in Downward Revision

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

7074 Twenty-four seven Inc. 【J-GAAP】

Earnings Report

Twenty-four seven Inc. <7074> [TSE-G] announced its financial results after the market closed on October 15th (15:30). The net loss (non-consolidated) for the cumulative third quarter of the fiscal year ending November 2024 (December 2023 to August 2024) expanded to a loss of 428 million yen (compared to a loss of 363 million yen in the same period last year). The company has been in a state of excessive liabilities (111 million yen) for two consecutive quarters.

In addition, the full-year net income/loss has been revised downward from an expected loss of 330 million yen to a loss of 490 million yen (compared to a loss of 480 million yen in the previous period), indicating an expansion in the loss margin.

Based on the full-year plan announced by the company after the downward revision, our estimate of the net income/loss for the June to November period (second half) has been revised downward from an expected profit of 40 million yen to a loss of 120 million yen (compared to a loss of 233 million yen in the same period of the previous year), turning to a loss outlook.

In the most recent three-month period, from June to August (3Q), the net loss improved to a deficit of loss of 58 million yen (compared to a loss of 116 million yen in the same period last year). The operating profit/loss margin significantly improved from -11.6% in the same period last year to -7.5%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Dec - Aug, 2021	3,284	-395	-388	-478	-105.3	ー	Oct 14, 2022	J-GAAP
Dec - Aug, 2022	2,497	-272	-277	-363	-79.7	ー	Oct 13, 2023	J-GAAP
Dec - Aug, 2023	1,945	-373	-370	-428	-73.4	ー	Oct 15, 2024	J-GAAP
YoY	-22.1%	-37.1%	-33.6%	-17.9%	+8.0%

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jun - Nov, 2024 Prev	1,505	33	28	40	6.1	0	Jul 12, 2024	J-GAAP
Jun - Nov, 2024 New	1,195	-96	-106	-120	-18.3	0	Oct 15, 2024	J-GAAP
Revision Rate	-20.6%	－	－	－	－

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Nov, 2024 Prev	2,800	-291	-296	-330	-50.4	0	Apr 15, 2024	J-GAAP
Nov, 2024 New	2,490	-420	-430	-490	-74.8	0	Oct 15, 2024	J-GAAP
Revision Rate	-11.1%	-44.3%	-45.3%	-48.5%	-48.5%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jun - Nov, 2023	1,516	-180	-195	-233	-49.9	0	Jan 15, 2024	J-GAAP
Jun - Nov, 2024 Guidance	1,195	-96	-106	-120	-18.3	0	Oct 15, 2024	J-GAAP
YoY	-21.2%	+46.7%	+45.6%	+48.5%	+63.3%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Nov, 2022	4,236	-539	-532	-1,690	-371.6	0	Jan 16, 2023	J-GAAP
Nov, 2023	3,212	-359	-379	-480	-102.7	0	Jan 15, 2024	J-GAAP
Nov, 2024 Guidance	2,490	-420	-430	-490	-74.8	0	Oct 15, 2024	J-GAAP
YoY	-22.5%	-17.0%	-13.5%	-2.1%	+27.2%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jun - Aug, 2023	801	-93	-93	-116	-25.5	-11.6	Oct 13, 2023	J-GAAP
Sep - Nov, 2023	715	-87	-102	-117	-25.0	-12.2	Jan 15, 2024	J-GAAP
Dec - Feb, 2023	619	-198	-200	-213	-37.0	-32.0	Apr 15, 2024	J-GAAP
Mar - May, 2024	676	-126	-124	-157	-27.3	-18.6	Jul 12, 2024	J-GAAP
Jun - Aug, 2024	650	-49	-46	-58	-9.9	-7.5	Oct 15, 2024	J-GAAP
YoY	-18.9%	+47.3%	+50.5%	+50.0%	+61.0%