AIFUL CORPORATION, First Half Ordinary Profit Increases by 35%

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.

Fri Nov 8, 2024 11:30 am JST Earnings

8515 AIFUL CORPORATION 【J-GAAP】

Earnings Report

AIFUL CORPORATION <8515> [TSE-P] announced its financial results at noon (11:30) on November 8th. The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to 9.72 billion yen, an increase of 34.9% compared to the same period last year. However, The progress rate against the 24 billion yen full-year plan was 40.5%, also falling below the five-year average of 101.4%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to decrease by 3.9% from the same period last year to 14.2 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased by 53.3% from the same period last year, reaching 5.82 billion yen. The operating profit margin improved from 8.6% in the same period last year to 11.3%.

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	70,402	12,150	12,642	11,772	24.3	51.8	Nov 10, 2022	J-GAAP
Apr - Sep, 2023	79,092	6,594	7,205	6,609	13.7	32.7	Nov 9, 2023	J-GAAP
Apr - Sep, 2024	91,273	9,036	9,721	7,188	14.9	40.5	Nov 8, 2024	J-GAAP
YoY	+15.4%	+37.0%	+34.9%	+8.8%	+9.4%

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	87,900	8,900	8,800	7,900	16.5	0	May 10, 2024	J-GAAP
Apr - Sep, 2024 Results	91,273	9,036	9,721	7,188	14.9	0	Nov 8, 2024	J-GAAP
Revision Rate	+3.8%	+1.5%	+10.5%	-9.0%	-9.5%

Guidance Update

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	180,200	23,800	24,000	21,600	45.1	1	May 10, 2024	J-GAAP
Mar, 2025 New	188,500	23,800	24,000	21,600	45.1	1	Nov 8, 2024	J-GAAP
Revision Rate	+4.6%	0.0%	0.0%	0.0%	0.0%

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	84,017	14,470	14,862	15,209	31.4	1	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	97,227	14,764	14,279	14,412	30.1	1	Nov 8, 2024	J-GAAP
YoY	+15.7%	+2.0%	-3.9%	-5.2%	-4.3%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	144,152	23,724	24,428	22,343	46.2	1	May 11, 2023	J-GAAP
Mar, 2024	163,109	21,064	22,067	21,818	45.1	1	May 10, 2024	J-GAAP
Mar, 2025 Guidance	188,500	23,800	24,000	21,600	45.1	1	Nov 8, 2024	J-GAAP
YoY	+15.6%	+13.0%	+8.8%	-1.0%	+0.0%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	40,427	3,486	3,797	3,641	7.5	8.6	Nov 9, 2023	J-GAAP
Oct - Dec, 2023	42,426	8,792	8,983	7,815	16.2	20.7	Feb 9, 2024	J-GAAP
Jan - Mar, 2024	41,591	5,678	5,879	7,394	15.3	13.7	May 10, 2024	J-GAAP
Apr - Jun, 2024	44,629	3,771	3,901	3,722	7.7	8.4	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	46,644	5,265	5,820	3,466	7.2	11.3	Nov 8, 2024	J-GAAP
YoY	+15.4%	+51.0%	+53.3%	-4.8%	-4.4%