OCHI HOLDINGS CO.,LTD., First Half Ordinary Profit Decreases by 38%, July-September Ordinary Profit Decreases by 66%

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.

Wed Nov 6, 2024 3:00 pm JST Earnings

3166 OCHI HOLDINGS CO.,LTD. 【J-GAAP】

Earnings Report

OCHI HOLDINGS CO.,LTD. <3166> [TSE-S] announced its financial results in the afternoon session on November 6th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) dropped by 38.0% from the same period last year to 950 million yen. The progress rate against the 2.1 billion yen full-year plan was 45.2%, almost the same as the five-year average of 46.0%.

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 4.1% from the same period last year to 1.15 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit significantly dropped to 218 million yen, a 65.7% decrease compared to the same period last year. The operating profit margin worsened from 1.7% in the same period last year to 0.4%.

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	56,307	1,493	1,792	1,213	94.2	50.8	Nov 4, 2022	J-GAAP
Apr - Sep, 2023	56,645	1,240	1,532	981	76.0	56.1	Nov 6, 2023	J-GAAP
Apr - Sep, 2024	56,972	692	950	511	39.4	45.2	Nov 6, 2024	J-GAAP
YoY	+0.6%	-44.2%	-38.0%	-47.9%	-48.1%

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	57,000	700	950	510	39.3	27	Oct 28, 2024	J-GAAP
Apr - Sep, 2024 Results	56,972	692	950	511	39.4	27	Nov 6, 2024	J-GAAP
Revision Rate	0.0%	-1.1%	0.0%	+0.2%	+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	56,721	915	1,199	1,112	86.0	27	May 8, 2024	J-GAAP
Oct - Mar, 2024 Guidance	58,028	808	1,150	639	49.2	27	Nov 6, 2024	J-GAAP
YoY	+2.3%	-11.7%	-4.1%	-42.5%	-42.7%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	115,613	2,946	3,531	2,484	192.8	52	May 9, 2023	J-GAAP
Mar, 2024	113,366	2,155	2,731	2,093	161.8	54	May 8, 2024	J-GAAP
Mar, 2025 Guidance	115,000	1,500	2,100	1,150	88.6	54	Oct 28, 2024	J-GAAP
YoY	+1.4%	-30.4%	-23.1%	-45.1%	-45.2%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	27,948	484	635	431	33.4	1.7	Nov 6, 2023	J-GAAP
Oct - Dec, 2023	30,414	751	899	621	48.0	2.5	Feb 5, 2024	J-GAAP
Jan - Mar, 2024	26,307	164	300	491	38.0	0.6	May 8, 2024	J-GAAP
Apr - Jun, 2024	29,143	591	732	401	31.0	2.0	Aug 5, 2024	J-GAAP
Jul - Sep, 2024	27,829	101	218	110	8.5	0.4	Nov 6, 2024	J-GAAP
YoY	-0.4%	-79.1%	-65.7%	-74.5%	-74.6%