EURASIA TRAVEL Co.,Ltd, Last Fiscal Year's Ordinary Profit Exceeds Expectations, 8% Increase in Ordinary Profit for The Current Fiscal Year, Increased Previous Year's Dividend by 2 yen, This Fiscal Year to Increase Dividend by 2 yen

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Wed Nov 6, 2024 4:00 pm JST Earnings

9376 EURASIA TRAVEL Co.,Ltd 【J-GAAP】

Earnings Report

EURASIA TRAVEL Co.,Ltd <9376> [TSE-S] announced its financial results after the market closed on November 6th (16:00). The consolidated ordinary profit/loss for the fiscal year ending September 2024 turned into a profit of 120 million yen (compared to a loss of 54 million yen in the previous period), exceeding the previous forecast of 95 million yen. For the fiscal year ending September 2025, the consolidated ordinary profit is expected to is 8.3% to 130 million yen.

At the same time, the company increased the annual dividend for the previous term from 10 yen to 12 yen (compared to no dividend in the prior term), and has decided to increase the dividend this fiscal year to 14 yen, an increase of 2 yen from the previous fiscal year.

In the most recent three-month period, from July to September (4Q), the consolidated ordinary profit increased by 96.7% from the same period last year, reaching 59 million yen. The operating profit margin significantly improved from 1.7% in the same period last year to 5.7%.

Kabutan News

Actual Results

Historical Performance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep, 2022	502	-401	-105	-123	-33.5	0	Nov 7, 2022	J-GAAP
Sep, 2023	2,945	-120	-54	-55	-15.2	0	Nov 6, 2023	J-GAAP
Sep, 2024	4,598	106	120	120	32.7	12	Nov 6, 2024	J-GAAP
YoY	+56.1%	－	－	－	－

Full Year Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep, 2024 Guidance	4,900	95	95	80	21.7	10	May 2, 2024	J-GAAP
Sep, 2024 Results	4,598	106	120	120	32.7	12	Nov 6, 2024	J-GAAP
Revision Rate	-6.2%	+11.6%	+26.3%	+50.0%	+50.7%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2023	2,072	5	14	10	2.9	5	May 7, 2024	J-GAAP
Oct - Mar, 2024 Guidance	2,200	10	10	8	2.2	7	Nov 6, 2024	J-GAAP
YoY	+6.2%	+100.0%	-28.6%	-20.0%	-24.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep, 2023	2,945	-120	-54	-55	-15.2	0	Nov 6, 2023	J-GAAP
Sep, 2024	4,598	106	120	120	32.7	12	Nov 6, 2024	J-GAAP
Sep, 2025 Guidance	5,200	130	130	110	29.8	14	Nov 6, 2024	J-GAAP
YoY	+13.1%	+22.6%	+8.3%	-8.3%	-8.8%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	1,045	18	30	29	8.0	1.7	Nov 6, 2023	J-GAAP
Oct - Dec, 2023	883	-24	-18	-18	-5.2	-2.7	Jan 31, 2024	J-GAAP
Jan - Mar, 2024	1,189	29	32	28	8.1	2.4	May 7, 2024	J-GAAP
Apr - Jun, 2024	1,184	25	47	42	11.5	2.1	Jul 31, 2024	J-GAAP
Jul - Sep, 2024	1,342	76	59	68	18.5	5.7	Nov 6, 2024	J-GAAP
YoY	+28.4%	+322.2%	+96.7%	+134.5%	+131.4%