Tokai Tokyo Financial Holdings, Inc., First Half Ordinary Profit Decreases by 11%, July-September Ordinary Profit Decreases by 65%

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Thu Oct 31, 2024 11:00 am JST Earnings

8616 Tokai Tokyo Financial Holdings, Inc. 【J-GAAP】

Earnings Report

Tokai Tokyo Financial Holdings, Inc. <8616> [TSE-P] announced its financial results in the morning on October 31st (11:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) decreased by 10.8% from the same period last year to 7.36 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit significantly dropped to 1.46 billion yen, a 65.5% decrease compared to the same period last year. The operating profit margin significantly dropped from 16.8% in the same period last year to 9.4%.

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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	38,636	2,781	3,641	814	3.3	57.4	Oct 28, 2022	J-GAAP
Apr - Sep, 2023	43,474	7,242	8,256	4,625	18.6	44.9	Oct 31, 2023	J-GAAP
Apr - Sep, 2024	43,810	6,501	7,361	5,003	20.0	ー	Oct 31, 2024	J-GAAP
YoY	+0.8%	-10.2%	-10.8%	+8.2%	+7.5%

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	－	12	Sep 25, 2024	J-GAAP
Apr - Sep, 2024 Results	43,810	6,501	7,361	5,003	20.0	12	Oct 31, 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	45,727	8,062	10,141	5,564	22.3	16	Apr 30, 2024	J-GAAP
Oct - Mar, 2024 Guidance	ー	ー	ー	ー	－	－	Apr 30, 2024	J-GAAP
YoY	－	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	73,383	3,159	6,346	1,953	7.9	16	Apr 28, 2023	J-GAAP
Mar, 2024	89,201	15,304	18,397	10,189	40.9	28	Apr 30, 2024	J-GAAP
Mar, 2025 Guidance	ー	ー	ー	ー	－	－	Apr 30, 2024	J-GAAP
YoY	－	－	－	－	－

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	22,269	3,748	4,252	2,627	10.6	16.8	Oct 31, 2023	J-GAAP
Oct - Dec, 2023	21,116	3,259	3,211	2,498	10.0	15.4	Jan 31, 2024	J-GAAP
Jan - Mar, 2024	24,611	4,803	6,930	3,066	12.3	19.5	Apr 30, 2024	J-GAAP
Apr - Jun, 2024	23,203	4,569	5,893	3,271	13.1	19.7	Jul 31, 2024	J-GAAP
Jul - Sep, 2024	20,607	1,932	1,468	1,732	6.9	9.4	Oct 31, 2024	J-GAAP
YoY	-7.5%	-48.5%	-65.5%	-34.1%	-34.5%