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

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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%