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KURIYAMA HOLDINGS CORPORATION, January-September (Third Quarter Cumulative) Ordinary Profit Increases by 10%

Fri Nov 8, 2024 3:30 pm JST Earnings

3355 KURIYAMA HOLDINGS CORPORATION 【J-GAAP】

Earnings Report

KURIYAMA HOLDINGS CORPORATION <3355> [TSE-S] announced its financial results after the market closed on November 8th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2024 (January to September) increased by 9.6% from the same period last year, reaching 4.24 billion yen. The progress rate against the 4.9 billion yen full-year plan was 86.7%, also surpassing the five-year average of 79.9%.

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to December period (4Q) is expected to grow by 1.4% from the same period last year, reaching 651 million yen.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit decreased to 1.14 billion yen, a 13.5% decrease compared to the same period last year. The operating profit margin worsened from 6.4% in the same period last year to 5.8%.

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Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jan - Sep, 2022 53,750 3,337 3,680 2,675 137.1 74.0 Nov 9, 2022 J-GAAP
Jan - Sep, 2023 55,155 3,442 3,878 2,718 138.8 85.8 Nov 8, 2023 J-GAAP
Jan - Sep, 2024 58,884 3,852 4,249 2,759 140.8 86.7 Nov 8, 2024 J-GAAP
YoY +6.8% +11.9% +9.6% +1.5% +1.5%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2023 34,974 1,709 1,963 1,998 102.0 45 Feb 14, 2024 J-GAAP
Jul - Dec, 2024 Guidance 32,674 1,620 1,794 1,191 60.6 22.50 Aug 8, 2024 J-GAAP
YoY -6.6% -5.2% -8.6% -40.4% -40.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 71,475 4,560 4,971 3,637 186.2 30 Feb 14, 2023 J-GAAP
Dec, 2023 71,672 3,971 4,520 3,793 193.6 45 Feb 14, 2024 J-GAAP
Dec, 2024 Guidance 73,000 4,400 4,900 3,300 167.9 45 Feb 14, 2024 J-GAAP
YoY +1.9% +10.8% +8.4% -13.0% -13.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 18,457 1,180 1,321 923 47.1 6.4 Nov 8, 2023 J-GAAP
Oct - Dec, 2023 16,517 529 642 1,075 54.9 3.2 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 20,009 1,388 1,523 994 50.7 6.9 May 10, 2024 J-GAAP
Apr - Jun, 2024 20,317 1,392 1,583 1,115 56.9 6.9 Aug 8, 2024 J-GAAP
Jul - Sep, 2024 18,558 1,072 1,143 650 33.2 5.8 Nov 8, 2024 J-GAAP
YoY +0.5% -9.2% -13.5% -29.6% -29.6%

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