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G-7 HOLDINGS Inc., July-September (2Q) Ordinary Profit Decreases by 14%

Wed Oct 30, 2024 3:00 pm JST Earnings

7508 G-7 HOLDINGS Inc. 【J-GAAP】

Earnings Report

G-7 HOLDINGS Inc. <7508> [TSE-P] announced its financial results after the market closed on October 30th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) was 3.04 billion yen, a 2.4% decrease compared to the same period last year. The progress rate against the 8.5 billion yen full-year plan was 35.8%, also falling below the five-year average of 47.7%.

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 30.0% from the same period last year, reaching 5.45 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 1.32 billion yen, a 14.4% decrease compared to the same period last year. The operating profit margin worsened from 3.1% in the same period last year to 2.4%.

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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 85,595 3,181 3,373 2,198 49.9 49.5 Oct 28, 2022 J-GAAP
Apr - Sep, 2023 93,060 2,909 3,123 2,253 51.1 42.7 Oct 30, 2023 J-GAAP
Apr - Sep, 2024 100,994 2,854 3,047 2,040 46.4 35.8 Oct 30, 2024 J-GAAP
YoY +8.5% -1.9% -2.4% -9.5% -9.2%

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 ー ー ー ー － 20 May 13, 2024 J-GAAP
Apr - Sep, 2024 Results 100,994 2,854 3,047 2,040 46.4 20 Oct 30, 2024 J-GAAP
Revision Rate － － － － －

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 99,932 4,011 4,195 2,922 66.3 20 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance 119,006 5,346 5,453 3,560 81.5 20 Oct 30, 2024 J-GAAP
YoY +19.1% +33.3% +30.0% +21.8% +22.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 176,922 6,504 6,813 3,824 86.8 38 May 12, 2023 J-GAAP
Mar, 2024 192,992 6,920 7,318 5,175 117.5 40 May 13, 2024 J-GAAP
Mar, 2025 Guidance 220,000 8,200 8,500 5,600 128.2 40 May 13, 2024 J-GAAP
YoY +14.0% +18.5% +16.2% +8.2% +9.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 47,211 1,452 1,551 1,024 23.2 3.1 Oct 30, 2023 J-GAAP
Oct - Dec, 2023 52,552 2,762 2,840 1,920 43.6 5.3 Jan 31, 2024 J-GAAP
Jan - Mar, 2024 47,380 1,249 1,355 1,002 22.7 2.6 May 13, 2024 J-GAAP
Apr - Jun, 2024 48,664 1,610 1,719 977 22.2 3.3 Jul 31, 2024 J-GAAP
Jul - Sep, 2024 52,330 1,244 1,328 1,063 24.2 2.4 Oct 30, 2024 J-GAAP
YoY +10.8% -14.3% -14.4% +3.8% +4.1%

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