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IBJ,Inc., January-September (Third Quarter Cumulative) Ordinary Profit Increases by 9%, The Undetermined Dividend to Rise by 2 yen

Fri Nov 8, 2024 3:30 pm JST Earnings

6071 IBJ,Inc. 【J-GAAP】

Earnings Report

IBJ,Inc. <6071> [TSE-P] 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 9.4% from the same period last year, reaching 1.97 billion yen. The progress rate against the 2.3 billion yen full-year plan was 85.9%, also surpassing the five-year average of 74.6%.

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 drop by 32.9% from the same period last year to 324 million yen.

At the same time, the company has decided to implement a year-end lump-sum dividend of 8 yen for the current fiscal year, which was previously undecided (compared to 6 yen in the prior term).

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit decreased to 711 million yen, a 11.7% decrease compared to the same period last year. However, the operating profit margin rose from 13.3% in the same period last year to 15.9%.

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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 11,057 1,569 1,626 1,168 29.1 79.3 Nov 10, 2022 J-GAAP
Jan - Sep, 2023 13,555 1,741 1,809 1,377 34.2 78.9 Nov 10, 2023 J-GAAP
Jan - Sep, 2024 13,091 1,989 1,979 1,316 34.7 85.9 Nov 8, 2024 J-GAAP
YoY -3.4% +14.2% +9.4% -4.4% +1.3%

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2024 Prev 9,634 1,053 1,035 663 17.5 － Aug 9, 2024 J-GAAP
Jul - Dec, 2024 New 9,634 1,053 1,035 663 17.5 8 Nov 8, 2024 J-GAAP
Revision Rate 0.0% 0.0% 0.0% 0.0% 0.0%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 Prev 18,200 2,323 2,303 1,529 40.5 － Feb 9, 2024 J-GAAP
Dec, 2024 New 18,200 2,323 2,303 1,529 40.5 8 Nov 8, 2024 J-GAAP
Revision Rate 0.0% 0.0% 0.0% 0.0% 0.0%

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 9,924 1,266 1,288 824 20.7 6 Feb 9, 2024 J-GAAP
Jul - Dec, 2024 Guidance 9,634 1,053 1,035 663 17.5 8 Nov 8, 2024 J-GAAP
YoY -2.9% -16.8% -19.6% -19.5% -15.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 14,716 1,993 2,051 1,493 37.2 6 Feb 10, 2023 J-GAAP
Dec, 2023 17,649 2,230 2,292 1,629 40.8 6 Feb 9, 2024 J-GAAP
Dec, 2024 Guidance 18,200 2,323 2,303 1,529 40.5 8 Nov 8, 2024 J-GAAP
YoY +3.1% +4.2% +0.5% -6.1% -0.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 5,830 777 805 572 14.2 13.3 Nov 10, 2023 J-GAAP
Oct - Dec, 2023 4,094 489 483 252 6.3 11.9 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 4,254 663 662 481 12.5 15.6 May 10, 2024 J-GAAP
Apr - Jun, 2024 4,312 607 606 385 10.1 14.1 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 4,525 719 711 450 11.9 15.9 Nov 8, 2024 J-GAAP
YoY -22.4% -7.5% -11.7% -21.3% -16.5%

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