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YAMAE GROUP HOLDINGS CO.,LTD., First Half Ordinary Profit Increases by 9%, July-September Ordinary Profit Increases by 40%

Wed Nov 6, 2024 3:30 pm JST Earnings

7130 YAMAE GROUP HOLDINGS CO.,LTD. 【J-GAAP】

Earnings Report

YAMAE GROUP HOLDINGS CO.,LTD. <7130> [TSE-P] announced its financial results after the market closed on November 6th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 8.8% from the same period last year, reaching 7.57 billion yen. However, The progress rate against the 18 billion yen full-year plan was 42.1%, almost the same as the five-year average of 39.1%.

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 33.7% from the same period last year, reaching 10.4 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased by 39.7% from the same period last year, reaching 4.8 billion yen. However, the operating profit margin worsened from 2.1% in the same period last year to 1.5%.

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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 281,697 4,231 4,301 2,969 125.5 35.4 Nov 10, 2022 J-GAAP
Apr - Sep, 2023 309,091 6,598 6,955 3,944 166.5 47.1 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 479,766 6,007 7,570 4,199 151.6 42.1 Nov 6, 2024 J-GAAP
YoY +55.2% -9.0% +8.8% +6.5% -9.0%

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 414,000 7,880 8,280 4,100 147.9 － May 10, 2024 J-GAAP
Apr - Sep, 2024 Results 479,766 6,007 7,570 4,199 151.6 － Nov 6, 2024 J-GAAP
Revision Rate +15.9% -23.8% -8.6% +2.4% +2.5%

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 403,626 7,321 7,802 4,512 185.3 60 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 420,234 10,993 10,430 4,801 173.2 60 Nov 6, 2024 J-GAAP
YoY +4.1% +50.2% +33.7% +6.4% -6.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 587,982 11,575 12,156 7,868 332.6 50 May 10, 2023 J-GAAP
Mar, 2024 712,717 13,919 14,757 8,456 347.3 60 May 10, 2024 J-GAAP
Mar, 2025 Guidance 900,000 17,000 18,000 9,000 324.6 60 May 10, 2024 J-GAAP
YoY +26.3% +22.1% +22.0% +6.4% -6.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 157,441 3,330 3,439 1,785 75.4 2.1 Nov 10, 2023 J-GAAP
Oct - Dec, 2023 171,645 3,692 3,816 2,014 85.0 2.2 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 231,981 3,629 3,986 2,498 102.6 1.6 May 10, 2024 J-GAAP
Apr - Jun, 2024 239,760 2,366 2,765 958 34.6 1.0 Aug 6, 2024 J-GAAP
Jul - Sep, 2024 240,006 3,641 4,805 3,241 117.0 1.5 Nov 6, 2024 J-GAAP
YoY +52.4% +9.3% +39.7% +81.6% +55.2%

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