ITOHAM YONEKYU HOLDINGS INC., The Current Fiscal Year Ordinary Profit Revised Downward to an Unexpected 8% Decrease

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Fri Oct 25, 2024 12:00 pm JST Revision

2296 ITOHAM YONEKYU HOLDINGS INC. 【J-GAAP】

Guidance Update Report

ITOHAM YONEKYU HOLDINGS INC. <2296> [TSE-P] announced a performance revision at noon (12:00) on October 25th. The consolidated ordinary profit for the fiscal year ending March 2025 has downwardly by 9.4%, from the previous forecast of 26.5 billion yen to 24 billion yen (compared to 26 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 7.8% decrease in profit.

At the same time, the April to September period (first half) consolidated ordinary profit has downwardly by 18.2%, from the previous forecast of 11 billion yen to 9 billion yen (compared to 12.2 billion yen in the same period of the previous year), leading to an increase in the profit decline rate from 10.6% to 26.8%.

Kabutan News

Guidance Update

First Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024 Prev	477,000	10,500	11,000	7,000	123.4	70	May 2, 2024	J-GAAP
Apr - Sep, 2024 New	490,000	8,800	9,000	6,200	109.3	70	Oct 25, 2024	J-GAAP
Revision Rate	+2.7%	-16.2%	-18.2%	-11.4%	-11.4%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	970,000	25,000	26,500	16,000	282.0	145	May 2, 2024	J-GAAP
Mar, 2025 New	985,000	22,500	24,000	15,000	264.4	145	Oct 25, 2024	J-GAAP
Revision Rate	+1.5%	-10.0%	-9.4%	-6.3%	-6.3%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	470,141	10,580	12,298	7,589	133.3	0	Nov 2, 2023	J-GAAP
Apr - Sep, 2024 Guidance	490,000	8,800	9,000	6,200	109.3	70	Oct 25, 2024	J-GAAP
YoY	+4.2%	-16.8%	-26.8%	-18.3%	-18.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	922,682	22,994	26,044	16,975	294.1	120	May 9, 2023	J-GAAP
Mar, 2024	955,580	22,336	26,036	15,553	273.2	125	May 2, 2024	J-GAAP
Mar, 2025 Guidance	985,000	22,500	24,000	15,000	264.4	145	Oct 25, 2024	J-GAAP
YoY	+3.1%	+0.7%	-7.8%	-3.6%	-3.2%