CARE TWENTYONE CORPORATION, The Current Fiscal Year Net Income Turns to Profit, Exceeds Expectations

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Mon Oct 21, 2024 3:00 pm JST Revision

2373 CARE TWENTYONE CORPORATION 【J-GAAP】

Guidance Update Report

CARE TWENTYONE CORPORATION <2373> [TSE-S] announced a performance revision after the market closed on October 21st (15:00). The consolidated net income for the fiscal year ending October 2024 has been revised upward from an expected loss of 350 million yen to a profit of 50 million yen (compared to a profit of 6 million yen in the previous period), turning to a profit and leading to a 8.3 times increase in the consolidated net income outlook.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the May to October period (second half) consolidated net income is expected to increase by 4.3 times, from the previous forecast of 120 million yen to 520 million yen (compared to a loss of 10 million yen in the same period of the previous year).

Kabutan News

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
May - Oct, 2024 Prev	23,054	31	-31	120	8.9	10	Jul 22, 2024	J-GAAP
May - Oct, 2024 New	23,054	31	-31	520	38.5	10	Oct 21, 2024	J-GAAP
Revision Rate	0.0%	0.0%	0.0%	+333.3%	+332.8%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct, 2024 Prev	45,000	-600	-350	-350	-25.9	17	Jul 22, 2024	J-GAAP
Oct, 2024 New	45,000	-600	-350	50	3.7	17	Oct 21, 2024	J-GAAP
Revision Rate	0.0%	0.0%	0.0%	－	－

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
May - Oct, 2023	21,251	3	119	-10	-0.8	10	Dec 8, 2023	J-GAAP
May - Oct, 2024 Guidance	23,054	31	-31	520	38.5	10	Oct 21, 2024	J-GAAP
YoY	+8.5%	+933.3%	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct, 2022	38,398	1,107	1,157	630	46.8	17	Dec 9, 2022	J-GAAP
Oct, 2023	41,098	-401	197	6	0.5	17	Dec 8, 2023	J-GAAP
Oct, 2024 Guidance	45,000	-600	-350	50	3.7	17	Oct 21, 2024	J-GAAP
YoY	+9.5%	-49.6%	－	+733.3%	+704.3%