kabutan

SE Holdings and Incubations Co., Ltd., July-September (2Q) Ordinary Profit Increases by 12%

Thu Oct 24, 2024 3:30 pm JST Earnings

9478 SE Holdings and Incubations Co., Ltd. 【J-GAAP】

Earnings Report

SE Holdings and Incubations Co., Ltd. <9478> [TSE-S] announced its financial results after the market closed on October 24th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) decreased by 16.3% from the same period last year to 488 million yen. However, The progress rate against the 940 million yen full-year plan was 51.9%, almost the same as the five-year average of 49.6%.

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 October to March period (second half) is expected to decrease by 19.3% from the same period last year to 452 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew by 12.0% from the same period last year, reaching 308 million yen. However, the operating profit margin decreased from 14.4% in the same period last year to 12.1%.

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
Apr - Sep, 2022 3,562 752 684 461 21.8 49.2 Oct 27, 2022 J-GAAP
Apr - Sep, 2023 3,615 651 583 382 19.7 51.0 Oct 26, 2023 J-GAAP
Apr - Sep, 2024 3,606 466 488 319 17.9 51.9 Oct 24, 2024 J-GAAP
YoY -0.2% -28.4% -16.3% -16.5% -9.1%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 Guidance 3,600 450 420 280 16.2 0 Jul 18, 2024 J-GAAP
Apr - Sep, 2024 Results 3,606 466 488 319 17.9 0 Oct 24, 2024 J-GAAP
Revision Rate +0.2% +3.6% +16.2% +13.9% +10.6%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 3,703 564 560 347 18.4 3.50 May 8, 2024 J-GAAP
Oct - Mar, 2024 Guidance 3,694 534 452 306 18.6 3.50 Oct 24, 2024 J-GAAP
YoY -0.2% -5.3% -19.3% -11.8% +1.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 7,335 1,437 1,390 965 46.8 3 May 10, 2023 J-GAAP
Mar, 2024 7,318 1,215 1,143 729 38.6 3.50 May 8, 2024 J-GAAP
Mar, 2025 Guidance 7,300 1,000 940 625 38.0 3.50 Jul 18, 2024 J-GAAP
YoY -0.2% -17.7% -17.8% -14.3% -1.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 1,924 277 275 171 8.8 14.4 Oct 26, 2023 J-GAAP
Oct - Dec, 2023 1,745 314 389 261 13.7 18.0 Jan 30, 2024 J-GAAP
Jan - Mar, 2024 1,958 250 171 86 4.6 12.8 May 8, 2024 J-GAAP
Apr - Jun, 2024 1,682 233 180 115 6.4 13.9 Jul 25, 2024 J-GAAP
Jul - Sep, 2024 1,924 233 308 204 11.5 12.1 Oct 24, 2024 J-GAAP
YoY 0.0% -15.9% +12.0% +19.3% +29.8%

Related Articles