Open Up Group Inc., July-September (1Q) Net Income Increases by 5%

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Fri Nov 8, 2024 3:30 pm JST Earnings

2154 Open Up Group Inc. 【IFRS】

Earnings Report

Open Up Group Inc. <2154> [TSE-P] announced its financial results (based on IFRS) after the market closed on November 8th (15:30). The consolidated net income for the first quarter of the fiscal year ending June 2025 (July to September) increased by 4.9% from the same period last year, reaching 2.38 billion yen. However, The progress rate against the 11.2 billion yen full-year plan was 21.2%, almost the same as the three-year average of 21.3%.

In the most recent three-month period, from July to September (1Q), the operating profit margin improved from 7.8% in the same period last year to 8.6%.

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Actual Results

Accumulated Results 1st Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Jul - Sep, 2022	38,993	3,337	3,320	2,122	24.0	45.7	Nov 4, 2022	IFRS
Jul - Sep, 2023	41,329	3,243	3,244	2,276	26.3	41.2	Nov 10, 2023	IFRS
Jul - Sep, 2024	48,366	4,149	3,971	2,387	27.5	ー	Nov 8, 2024	IFRS
YoY	+17.0%	+27.9%	+22.4%	+4.9%	+4.5%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul - Dec, 2023	85,053	7,911	7,868	5,351	61.8	20	Feb 9, 2024	IFRS
Jul - Dec, 2024 Guidance	ー	ー	ー	ー	－	30	Aug 9, 2024	IFRS
YoY	－	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jun, 2023	150,697	12,164	12,508	9,533	109.1	50	Aug 10, 2023	IFRS
Jun, 2024	173,225	14,293	14,555	11,768	135.8	65	Aug 9, 2024	IFRS
Jun, 2025 Guidance	193,000	16,000	16,000	11,270	129.8	75	Aug 9, 2024	IFRS
YoY	+11.4%	+11.9%	+9.9%	-4.2%	-4.4%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	41,329	3,243	3,244	2,276	26.3	7.8	Nov 10, 2023	IFRS
Oct - Dec, 2023	43,724	4,668	4,624	3,075	35.5	10.7	Feb 9, 2024	IFRS
Jan - Mar, 2024	41,615	3,737	3,871	2,867	33.1	9.0	May 10, 2024	IFRS
Apr - Jun, 2024	46,557	2,645	2,816	3,550	41.0	5.7	Aug 9, 2024	IFRS
Jul - Sep, 2024	48,366	4,149	3,971	2,387	27.5	8.6	Nov 8, 2024	IFRS
YoY	+17.0%	+27.9%	+22.4%	+4.9%	+4.5%