GMO Financial Holdings, Inc., July-September (3Q) Ordinary Profit Increases by 4%

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Thu Oct 31, 2024 3:31 pm JST Earnings

7177 GMO Financial Holdings, Inc. 【J-GAAP】

Earnings Report

GMO Financial Holdings, Inc. <7177> [TSE-S] announced its financial results after the market closed on October 31st (15:31). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2024 (January to September) decreased by 28.7% from the same period last year to 7.97 billion yen.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit grew by 4.1% from the same period last year, reaching 3.54 billion yen. However, the operating profit margin decreased from 30.5% in the same period last year to 26.2%.

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Actual Results

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Jan - Sep, 2022	33,695	8,379	8,700	2,537	22.3	110.5	Nov 1, 2022	J-GAAP
Jan - Sep, 2023	38,358	11,392	11,184	6,538	56.1	79.3	Oct 31, 2023	J-GAAP
Jan - Sep, 2024	40,420	8,679	7,978	3,509	29.7	ー	Oct 31, 2024	J-GAAP
YoY	+5.4%	-23.8%	-28.7%	-46.3%	-47.0%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul - Dec, 2023	24,420	6,522	6,332	4,060	34.7	17	Feb 5, 2024	J-GAAP
Jul - Dec, 2024 Guidance	ー	ー	ー	ー	－	－	Feb 5, 2024	J-GAAP
YoY	－	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	46,533	9,150	7,875	1,212	10.7	21	Feb 3, 2023	J-GAAP
Dec, 2023	51,432	14,451	14,107	7,649	65.4	32.80	Feb 5, 2024	J-GAAP
Dec, 2024 Guidance	ー	ー	ー	ー	－	－	Feb 5, 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	11,346	3,463	3,409	2,949	25.3	30.5	Oct 31, 2023	J-GAAP
Oct - Dec, 2023	13,074	3,059	2,923	1,111	9.5	23.4	Feb 5, 2024	J-GAAP
Jan - Mar, 2024	12,880	4,352	4,161	2,800	23.7	33.8	May 8, 2024	J-GAAP
Apr - Jun, 2024	13,267	593	269	-1,242	-10.5	4.5	Aug 5, 2024	J-GAAP
Jul - Sep, 2024	14,273	3,734	3,548	1,951	16.5	26.2	Oct 31, 2024	J-GAAP
YoY	+25.8%	+7.8%	+4.1%	-33.8%	-34.6%