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ITO YOGYO CO.,LTD., First Half Ordinary Profit Turns to Profit, July-September Ordinary Profit Turns to Profit

Fri Nov 1, 2024 3:30 pm JST Earnings

5287 ITO YOGYO CO.,LTD. 【J-GAAP】

Earnings Report

ITO YOGYO CO.,LTD. <5287> [TSE-S] announced its financial results after the market closed on November 1st (15:30). The ordinary profit/loss (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2025 (April to September) turned into a profit of 48 million yen (compared to a loss of 59 million yen in the same period last year). The progress rate against the 122 million yen full-year plan was 39.3%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to March period (second half) is expected to significant drop by 53.8% from the same period last year to 74 million yen.

In the most recent three-month period, from July to September (2Q), the ordinary profit/loss turned to a profit of profit of 55 million yen (compared to a loss of 5 million yen in the same period last year). The operating profit/loss margin drastically improved from -0.3% in the same period last year to 6.3%.

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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 1,418 5 4 3 1.0 2.3 Nov 2, 2022 J-GAAP
Apr - Sep, 2023 1,163 -55 -59 -40 -13.8 ー Nov 2, 2023 J-GAAP
Apr - Sep, 2024 1,558 49 48 161 54.9 39.3 Nov 1, 2024 J-GAAP
YoY +34.0% － － － －

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 － 0 May 10, 2024 J-GAAP
Apr - Sep, 2024 Results 1,558 49 48 161 54.9 0 Nov 1, 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 1,969 163 160 141 48.2 15 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 1,742 81 74 42 14.3 10 Nov 1, 2024 J-GAAP
YoY -11.5% -50.3% -53.8% -70.2% -70.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 3,467 179 176 131 44.7 15 May 12, 2023 J-GAAP
Mar, 2024 3,132 108 101 101 34.5 15 May 10, 2024 J-GAAP
Mar, 2025 Guidance 3,300 130 122 203 69.0 10 May 24, 2024 J-GAAP
YoY +5.4% +20.4% +20.8% +101.0% +99.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 673 -2 -5 -7 -2.4 -0.3 Nov 2, 2023 J-GAAP
Oct - Dec, 2023 786 43 42 28 10.0 5.5 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 1,183 120 118 113 38.6 10.1 May 10, 2024 J-GAAP
Apr - Jun, 2024 686 -6 -7 -4 -1.6 -0.9 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 872 55 55 165 56.3 6.3 Nov 1, 2024 J-GAAP
YoY +29.6% － － － －

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