kabutan

CB GROUP MANAGEMENT Co., Ltd, First Half Ordinary Profit Increases by 2.1 times, July-September Ordinary Profit Increases by 3.5 times

Fri Nov 8, 2024 3:30 pm JST Earnings

9852 CB GROUP MANAGEMENT Co., Ltd 【J-GAAP】

Earnings Report

CB GROUP MANAGEMENT Co., Ltd <9852> [TSE-S] 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) surged by 2.1 times that of the same period last year, reaching 1.85 billion yen. The progress rate against the 2.9 billion yen full-year plan was 63.9%, also surpassing the five-year average of 35.8%.

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 drop by 47.3% from the same period last year to 1.04 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit surged to 3.5 times that of the same period last year, reaching 857 million yen. The operating profit margin improved from 0.7% in the same period last year to 2.0%.

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 69,828 842 886 573 276.6 37.6 Nov 11, 2022 J-GAAP
Apr - Sep, 2023 71,041 863 902 601 278.8 31.2 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 83,571 1,807 1,852 1,328 616.0 63.9 Nov 8, 2024 J-GAAP
YoY +17.6% +109.4% +105.3% +121.0% +120.9%

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 － 0 May 10, 2024 J-GAAP
Apr - Sep, 2024 Results 83,571 1,807 1,852 1,328 616.0 0 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 76,243 1,899 1,987 1,456 675.5 100 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 68,429 1,043 1,048 572 265.2 100 Nov 8, 2024 J-GAAP
YoY -10.2% -45.1% -47.3% -60.7% -60.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 138,752 2,295 2,357 1,647 779.1 100 May 12, 2023 J-GAAP
Mar, 2024 147,284 2,762 2,889 2,057 954.3 100 May 10, 2024 J-GAAP
Mar, 2025 Guidance 152,000 2,850 2,900 1,900 880.8 100 May 10, 2024 J-GAAP
YoY +3.2% +3.2% +0.4% -7.6% -7.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 34,912 231 243 164 76.1 0.7 Nov 10, 2023 J-GAAP
Oct - Dec, 2023 42,021 942 965 652 302.6 2.2 Feb 8, 2024 J-GAAP
Jan - Mar, 2024 34,222 957 1,022 804 373.0 2.8 May 10, 2024 J-GAAP
Apr - Jun, 2024 42,206 962 995 658 305.2 2.3 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 41,365 845 857 670 310.8 2.0 Nov 8, 2024 J-GAAP
YoY +18.5% +265.8% +252.7% +308.5% +308.5%

Related Articles