Prestige International Inc., July-September (2Q) Ordinary Profit Increases by 9%

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 29, 2024 4:00 pm JST Earnings

4290 Prestige International Inc. 【J-GAAP】

Earnings Report

Prestige International Inc. <4290> [TSE-P] announced its financial results after the market closed on October 29th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) was 3.96 billion yen, a 2.7% decrease compared to the same period last year. The progress rate against the 8.5 billion yen full-year plan was 46.6%, almost the same as the five-year average of 47.4%.

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 grow by 3.5% from the same period last year, reaching 4.53 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew by 8.9% from the same period last year, reaching 2.29 billion yen. However, the operating profit margin decreased from 13.3% in the same period last year to 12.7%.

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
Apr - Sep, 2022	26,179	3,839	4,039	2,458	19.3	48.2	Oct 28, 2022	J-GAAP
Apr - Sep, 2023	28,763	3,857	4,071	2,357	18.4	48.1	Oct 27, 2023	J-GAAP
Apr - Sep, 2024	30,770	3,729	3,961	2,231	17.5	46.6	Oct 29, 2024	J-GAAP
YoY	+7.0%	-3.3%	-2.7%	-5.3%	-4.9%

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	30,580	3,600	3,800	2,300	18.1	12	May 10, 2024	J-GAAP
Apr - Sep, 2024 Results	30,770	3,729	3,961	2,231	17.5	12	Oct 29, 2024	J-GAAP
Revision Rate	+0.6%	+3.6%	+4.2%	-3.0%	-2.9%

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	29,975	4,064	4,387	3,434	26.9	6	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	32,230	4,271	4,539	3,069	24.1	12	Oct 29, 2024	J-GAAP
YoY	+7.5%	+5.1%	+3.5%	-10.6%	-10.5%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	54,562	7,840	8,378	5,318	41.6	11	May 12, 2023	J-GAAP
Mar, 2024	58,738	7,921	8,458	5,791	45.3	12	May 10, 2024	J-GAAP
Mar, 2025 Guidance	63,000	8,000	8,500	5,300	41.6	24	May 10, 2024	J-GAAP
YoY	+7.3%	+1.0%	+0.5%	-8.5%	-8.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	14,846	1,968	2,106	1,283	10.0	13.3	Oct 27, 2023	J-GAAP
Oct - Dec, 2023	14,981	1,997	2,155	1,497	11.7	13.3	Jan 29, 2024	J-GAAP
Jan - Mar, 2024	14,994	2,067	2,232	1,937	15.2	13.8	May 10, 2024	J-GAAP
Apr - Jun, 2024	15,048	1,729	1,668	785	6.2	11.5	Jul 26, 2024	J-GAAP
Jul - Sep, 2024	15,722	2,000	2,293	1,446	11.4	12.7	Oct 29, 2024	J-GAAP
YoY	+5.9%	+1.6%	+8.9%	+12.7%	+13.3%