YURTEC CORPORATION, First Half Ordinary Profit Increases by 50%, July-September Ordinary Profit Increases by 25%

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.

Thu Oct 31, 2024 3:00 pm JST Earnings

1934 YURTEC CORPORATION 【J-GAAP】

Earnings Report

YURTEC CORPORATION <1934> [TSE-P] announced its financial results after the market closed on October 31st (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to 4.34 billion yen, an increase of 50.2% compared to the same period last year. The progress rate against the 12.8 billion yen full-year plan was 33.9%, exceeding the five-year average of 12.4%.

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 decrease by 6.0% from the same period last year to 8.45 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew by 25.3% from the same period last year, reaching 3.24 billion yen. The operating profit margin improved from 3.3% in the same period last year to 4.9%.

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	100,208	834	1,837	864	12.1	17.5	Oct 27, 2022	J-GAAP
Apr - Sep, 2023	105,807	1,725	2,892	1,720	24.0	24.3	Oct 30, 2023	J-GAAP
Apr - Sep, 2024	111,046	3,518	4,345	2,905	40.5	33.9	Oct 31, 2024	J-GAAP
YoY	+5.0%	+103.9%	+50.2%	+68.9%	+68.8%

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	－	23	Apr 25, 2024	J-GAAP
Apr - Sep, 2024 Results	111,046	3,518	4,345	2,905	40.5	23	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	137,364	8,798	8,993	5,790	80.8	28	Apr 25, 2024	J-GAAP
Oct - Mar, 2024 Guidance	140,954	8,682	8,455	5,295	77.1	23	Oct 31, 2024	J-GAAP
YoY	+2.6%	-1.3%	-6.0%	-8.5%	-4.6%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	227,366	9,538	10,501	6,561	91.7	28	Apr 26, 2023	J-GAAP
Mar, 2024	243,171	10,523	11,885	7,510	104.8	42	Apr 25, 2024	J-GAAP
Mar, 2025 Guidance	252,000	12,200	12,800	8,200	119.4	46	Apr 25, 2024	J-GAAP
YoY	+3.6%	+15.9%	+7.7%	+9.2%	+13.9%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	57,395	1,894	2,591	1,785	24.9	3.3	Oct 30, 2023	J-GAAP
Oct - Dec, 2023	67,166	3,496	3,498	2,387	33.3	5.2	Jan 30, 2024	J-GAAP
Jan - Mar, 2024	70,198	5,302	5,495	3,403	47.5	7.6	Apr 25, 2024	J-GAAP
Apr - Jun, 2024	48,994	499	1,098	569	8.0	1.0	Jul 30, 2024	J-GAAP
Jul - Sep, 2024	62,052	3,019	3,247	2,336	32.6	4.9	Oct 31, 2024	J-GAAP
YoY	+8.1%	+59.4%	+25.3%	+30.9%	+30.8%