kabutan

QUICK CO.,LTD., First Half Ordinary Profit Decreases by 6%, July-September Ordinary Profit Decreases by 25%

Thu Oct 31, 2024 3:00 pm JST Earnings

4318 QUICK CO.,LTD. 【J-GAAP】

Earnings Report

QUICK CO.,LTD. <4318> [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) decreased by 6.4% from the same period last year to 3.81 billion yen. However, The progress rate against the 4.52 billion yen full-year plan was 84.4%, almost the same as the five-year average of 82.6%.

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 decrease by 25.8% from the same period last year to 706 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 782 million yen, a 25.1% decrease compared to the same period last year. The operating profit margin significantly dropped from 15.0% in the same period last year to 10.2%.

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 14,799 3,646 3,674 2,537 44.9 80.9 Oct 31, 2022 J-GAAP
Apr - Sep, 2023 15,798 4,030 4,077 2,811 50.1 81.1 Oct 31, 2023 J-GAAP
Apr - Sep, 2024 17,145 3,783 3,817 3,114 55.5 84.4 Oct 31, 2024 J-GAAP
YoY +8.5% -6.1% -6.4% +10.8% +10.8%

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 16,637 3,258 3,280 2,262 40.3 15.67 Apr 26, 2024 J-GAAP
Apr - Sep, 2024 Results 17,145 3,783 3,817 3,114 55.5 15.67 Oct 31, 2024 J-GAAP
Revision Rate +3.1% +16.1% +16.4% +37.7% +37.7%

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 13,689 934 952 694 12.4 19.33 Apr 26, 2024 J-GAAP
Oct - Mar, 2024 Guidance 14,525 707 706 -74 -1.3 15.66 Oct 31, 2024 J-GAAP
YoY +6.1% -24.3% -25.8% － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 27,794 4,487 4,543 3,261 57.7 23.33 Apr 28, 2023 J-GAAP
Mar, 2024 29,487 4,964 5,029 3,505 62.5 31.33 Apr 26, 2024 J-GAAP
Mar, 2025 Guidance 31,670 4,490 4,523 3,040 54.2 31.33 Apr 26, 2024 J-GAAP
YoY +7.4% -9.5% -10.1% -13.3% -13.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 6,815 1,025 1,044 706 12.6 15.0 Oct 31, 2023 J-GAAP
Oct - Dec, 2023 6,442 489 502 319 5.7 7.6 Jan 31, 2024 J-GAAP
Jan - Mar, 2024 7,247 445 450 375 6.7 6.1 Apr 26, 2024 J-GAAP
Apr - Jun, 2024 9,569 3,013 3,035 2,101 37.4 31.5 Jul 31, 2024 J-GAAP
Jul - Sep, 2024 7,576 770 782 1,013 18.1 10.2 Oct 31, 2024 J-GAAP
YoY +11.2% -24.9% -25.1% +43.5% +43.5%

Related Articles