TAKARA HOLDINGS INC., First Half Ordinary Profit Decreases by 14%

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 3:30 pm JST Earnings

2531 TAKARA HOLDINGS INC. 【J-GAAP】

Earnings Report

TAKARA HOLDINGS INC. <2531> [TSE-P] announced its financial results after the market closed on November 8th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) decreased by 14.3% from the same period last year to 11.1 billion yen. The progress rate against the 26.3 billion yen full-year plan was 42.5%, also falling below the five-year average of 46.7%.

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 46.9% from the same period last year, reaching 15.1 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew by 19.6% from the same period last year, reaching 6.37 billion yen. The operating profit margin improved from 6.6% in the same period last year to 7.1%.

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	164,279	19,614	19,972	10,873	55.0	51.6	Nov 10, 2022	J-GAAP
Apr - Sep, 2023	163,172	12,464	13,032	8,043	40.7	55.8	Nov 9, 2023	J-GAAP
Apr - Sep, 2024	176,539	10,532	11,166	9,088	46.6	42.5	Nov 8, 2024	J-GAAP
YoY	+8.2%	-15.5%	-14.3%	+13.0%	+14.4%

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	171,000	10,400	10,800	8,600	44.0	－	May 10, 2024	J-GAAP
Apr - Sep, 2024 Results	176,539	10,532	11,166	9,088	46.6	－	Nov 8, 2024	J-GAAP
Revision Rate	+3.2%	+1.3%	+3.4%	+5.7%	+5.7%

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	176,200	9,778	10,304	8,133	41.3	29	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	185,461	15,168	15,134	8,112	41.6	31	Nov 8, 2024	J-GAAP
YoY	+5.3%	+55.1%	+46.9%	-0.3%	+0.7%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	350,665	37,945	38,706	21,206	107.3	38	May 11, 2023	J-GAAP
Mar, 2024	339,372	22,242	23,336	16,176	82.1	29	May 10, 2024	J-GAAP
Mar, 2025 Guidance	362,000	25,700	26,300	17,200	88.1	31	May 10, 2024	J-GAAP
YoY	+6.7%	+15.5%	+12.7%	+6.3%	+7.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	81,662	5,363	5,332	3,078	15.6	6.6	Nov 9, 2023	J-GAAP
Oct - Dec, 2023	90,446	5,315	5,788	5,894	29.8	5.9	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	85,754	4,463	4,516	2,239	11.4	5.2	May 10, 2024	J-GAAP
Apr - Jun, 2024	84,956	4,064	4,791	5,170	26.5	4.8	Aug 8, 2024	J-GAAP
Jul - Sep, 2024	91,583	6,468	6,375	3,918	20.1	7.1	Nov 8, 2024	J-GAAP
YoY	+12.1%	+20.6%	+19.6%	+27.3%	+28.9%