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CREATE CORPORATION, July-September (2Q) Ordinary Profit Decreases by 4%

Thu Nov 7, 2024 3:00 pm JST Earnings

3024 CREATE CORPORATION 【J-GAAP】

Earnings Report

CREATE CORPORATION <3024> [TSE-S] announced its financial results in the afternoon session on November 7th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) surged by 2.3 times that of the same period last year, reaching 200 million yen. However, The progress rate against the 900 million yen full-year plan was 22.2%, also falling below the five-year average of 30.1%.

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 surge by 2.2 times that of the same period last year, reaching 700 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 134 million yen, a 4.3% decrease compared to the same period last year. However, the operating profit margin remained almost flat, changing from 1.5% in the same period last year to 1.6%.

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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 16,483 295 298 180 45.8 44.1 Nov 7, 2022 J-GAAP
Apr - Sep, 2023 17,372 90 86 33 8.5 21.0 Nov 7, 2023 J-GAAP
Apr - Sep, 2024 17,384 218 200 107 27.4 22.2 Nov 7, 2024 J-GAAP
YoY +0.1% +142.2% +132.6% +224.2% +221.9%

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 － 14 May 14, 2024 J-GAAP
Apr - Sep, 2024 Results 17,384 218 200 107 27.4 14 Nov 7, 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 18,488 323 324 110 28.3 18 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 19,616 682 700 433 111.5 28 Nov 7, 2024 J-GAAP
YoY +6.1% +111.1% +116.0% +293.6% +294.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 34,881 679 676 419 106.6 24 May 11, 2023 J-GAAP
Mar, 2024 35,860 413 410 143 36.8 26 May 14, 2024 J-GAAP
Mar, 2025 Guidance 37,000 900 900 540 139.1 42 May 14, 2024 J-GAAP
YoY +3.2% +117.9% +119.5% +277.6% +278.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 8,926 138 140 94 24.3 1.5 Nov 7, 2023 J-GAAP
Oct - Dec, 2023 9,872 335 336 216 55.7 3.4 Feb 6, 2024 J-GAAP
Jan - Mar, 2024 8,616 -12 -12 -106 -27.3 -0.1 May 14, 2024 J-GAAP
Apr - Jun, 2024 8,422 75 66 28 7.3 0.9 Aug 5, 2024 J-GAAP
Jul - Sep, 2024 8,962 143 134 79 20.3 1.6 Nov 7, 2024 J-GAAP
YoY +0.4% +3.6% -4.3% -16.0% -16.6%

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