Yoshitake Inc., First Half Ordinary Profit Decreases by 41%, July-September Ordinary Profit Decreases by 55%

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 3:10 pm JST Earnings

6488 Yoshitake Inc. 【J-GAAP】

Earnings Report

Yoshitake Inc. <6488> [TSE-S] announced its financial results after the market closed on October 31st (15:10). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) dropped by 41.3% from the same period last year to 518 million yen. The progress rate against the 1.35 billion yen full-year plan was 38.4%, also falling below the five-year average of 49.7%.

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 expand by 38.4% from the same period last year, reaching 832 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit significantly dropped to 180 million yen, a 54.5% decrease compared to the same period last year. The operating profit margin decreased from 12.1% in the same period last year to 10.9%.

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	3,758	423	766	649	50.9	58.0	Oct 31, 2022	J-GAAP
Apr - Sep, 2023	4,195	515	883	635	49.9	59.5	Oct 31, 2023	J-GAAP
Apr - Sep, 2024	4,755	473	518	407	32.1	38.4	Oct 31, 2024	J-GAAP
YoY	+13.3%	-8.2%	-41.3%	-35.9%	-35.7%

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	4,755	473	518	407	32.0	0	Oct 30, 2024	J-GAAP
Apr - Sep, 2024 Results	4,755	473	518	407	32.1	0	Oct 31, 2024	J-GAAP
Revision Rate	0.0%	0.0%	0.0%	0.0%	+0.2%

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	4,757	359	601	498	39.1	27	May 16, 2024	J-GAAP
Oct - Mar, 2024 Guidance	4,945	397	832	593	46.6	27	Oct 30, 2024	J-GAAP
YoY	+4.0%	+10.6%	+38.4%	+19.1%	+19.2%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	7,517	890	1,320	1,064	83.4	26	May 16, 2023	J-GAAP
Mar, 2024	8,952	874	1,484	1,133	89.0	27	May 16, 2024	J-GAAP
Mar, 2025 Guidance	9,700	870	1,350	1,000	78.6	27	May 16, 2024	J-GAAP
YoY	+8.4%	-0.5%	-9.0%	-11.7%	-11.7%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	2,190	266	396	300	23.6	12.1	Oct 31, 2023	J-GAAP
Oct - Dec, 2023	2,288	209	259	217	17.0	9.1	Jan 31, 2024	J-GAAP
Jan - Mar, 2024	2,469	150	342	281	22.1	6.1	May 16, 2024	J-GAAP
Apr - Jun, 2024	2,198	195	338	242	19.1	8.9	Jul 31, 2024	J-GAAP
Jul - Sep, 2024	2,557	278	180	165	13.0	10.9	Oct 31, 2024	J-GAAP
YoY	+16.8%	+4.5%	-54.5%	-45.0%	-44.8%