DKS Co. Ltd., First Half Ordinary Profit Turns to Profit, July-September Ordinary Profit Increases by 7.8 times

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.

Wed Oct 30, 2024 2:00 pm JST Earnings

4461 DKS Co. Ltd. 【J-GAAP】

Earnings Report

DKS Co. Ltd. <4461> [TSE-P] announced its financial results in the afternoon session on October 30th (14:00). The consolidated ordinary profit/loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) turned into a profit of 2.57 billion yen (compared to a loss of 379 million yen in the same period last year). The progress rate against the 5 billion yen full-year plan was 51.6%, almost the same as the five-year average of 51.6%.

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 nearly flat at 2.42 billion yen, down 0.7% from the same period last year.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit surged to 7.8 times that of the same period last year, reaching 1.38 billion yen. The operating profit margin drastically improved from 0.8% in the same period last year to 7.9%.

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	32,765	717	872	-396	-40.0	72.7	Oct 27, 2022	J-GAAP
Apr - Sep, 2023	29,200	-449	-379	-478	-50.0	ー	Oct 30, 2023	J-GAAP
Apr - Sep, 2024	35,431	2,474	2,579	1,256	131.3	51.6	Oct 30, 2024	J-GAAP
YoY	+21.3%	－	－	－	－

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	36,000	2,400	2,400	1,300	135.8	45	Aug 28, 2024	J-GAAP
Apr - Sep, 2024 Results	35,431	2,474	2,579	1,256	131.3	45	Oct 30, 2024	J-GAAP
Revision Rate	-1.6%	+3.1%	+7.5%	-3.4%	-3.3%

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	33,918	2,526	2,439	1,652	172.8	45	May 14, 2024	J-GAAP
Oct - Mar, 2024 Guidance	37,569	2,526	2,421	1,244	129.9	45	Oct 30, 2024	J-GAAP
YoY	+10.8%	0.0%	-0.7%	-24.7%	-24.8%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	65,081	1,186	1,200	-407	-41.9	80	May 15, 2023	J-GAAP
Mar, 2024	63,118	2,077	2,060	1,174	122.8	65	May 14, 2024	J-GAAP
Mar, 2025 Guidance	73,000	5,000	5,000	2,500	261.1	90	Aug 28, 2024	J-GAAP
YoY	+15.7%	+140.7%	+142.7%	+112.9%	+112.6%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	15,316	123	178	-1	-0.1	0.8	Oct 30, 2023	J-GAAP
Oct - Dec, 2023	16,434	978	935	777	81.4	6.0	Jan 30, 2024	J-GAAP
Jan - Mar, 2024	17,484	1,548	1,504	875	91.5	8.9	May 14, 2024	J-GAAP
Apr - Jun, 2024	17,531	1,058	1,194	608	63.6	6.0	Jul 30, 2024	J-GAAP
Jul - Sep, 2024	17,900	1,416	1,385	648	67.7	7.9	Oct 30, 2024	J-GAAP
YoY	+16.9%	+1,051.2%	+678.1%	－	－