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SEGA SAMMY HOLDINGS INC., First Half Ordinary Profit Decreases by 21%

Fri Nov 8, 2024 11:30 am JST Earnings

6460 SEGA SAMMY HOLDINGS INC. 【J-GAAP】

Earnings Report

SEGA SAMMY HOLDINGS INC. <6460> [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) decreased by 21.4% from the same period last year to 33 billion yen. However, The progress rate against the 48 billion yen full-year plan was 68.9%, also surpassing the five-year average of 47.4%.

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 15.8% from the same period last year to 14.9 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit dropped to 11.2 billion yen, a 40.7% decrease compared to the same period last year. The operating profit margin decreased from 15.3% in the same period last year to 12.6%.

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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 150,095 9,574 12,300 9,619 43.6 24.9 Oct 31, 2022 J-GAAP
Apr - Sep, 2023 221,620 40,058 42,086 23,182 105.0 70.4 Nov 8, 2023 J-GAAP
Apr - Sep, 2024 211,663 32,816 33,095 30,385 140.8 68.9 Nov 8, 2024 J-GAAP
YoY -4.5% -18.1% -21.4% +31.1% +34.0%

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 ー ー ー ー － 25 May 10, 2024 J-GAAP
Apr - Sep, 2024 Results 211,663 32,816 33,095 30,385 140.8 25 Nov 8, 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 247,305 17,807 17,692 9,873 45.0 27 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 233,337 12,184 14,905 8,615 40.3 25 Nov 8, 2024 J-GAAP
YoY -5.6% -31.6% -15.8% -12.7% -10.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 389,635 46,789 49,473 45,938 208.1 59 Apr 28, 2023 J-GAAP
Mar, 2024 468,925 57,865 59,778 33,055 150.8 50 May 10, 2024 J-GAAP
Mar, 2025 Guidance 445,000 45,000 48,000 39,000 182.6 50 May 10, 2024 J-GAAP
YoY -5.1% -22.2% -19.7% +18.0% +21.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 113,361 17,293 18,990 5,923 26.8 15.3 Nov 8, 2023 J-GAAP
Oct - Dec, 2023 128,949 15,100 15,278 12,405 56.3 11.7 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 118,356 2,707 2,414 -2,532 -11.6 2.3 May 10, 2024 J-GAAP
Apr - Jun, 2024 104,755 19,341 21,830 24,525 113.5 18.5 Aug 7, 2024 J-GAAP
Jul - Sep, 2024 106,908 13,475 11,265 5,860 27.1 12.6 Nov 8, 2024 J-GAAP
YoY -5.7% -22.1% -40.7% -1.1% +1.2%

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