Br.Holdings Corporation, July-September (2Q) Ordinary Profit Decreases by 16%

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 4:00 pm JST Earnings

1726 Br.Holdings Corporation 【J-GAAP】

Earnings Report

Br.Holdings Corporation <1726> [TSE-P] announced its financial results after the market closed on November 8th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 12.0% from the same period last year, reaching 617 million yen. However, The progress rate against the 2.35 billion yen full-year plan was 26.3%, also falling below the five-year average of 29.9%.

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 grow by 16.7% from the same period last year, reaching 1.73 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 399 million yen, a 16.0% decrease compared to the same period last year. The operating profit margin worsened from 4.7% in the same period last year to 3.7%.

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	16,516	353	364	212	4.7	22.4	Nov 11, 2022	J-GAAP
Apr - Sep, 2023	18,631	570	551	338	7.4	27.1	Nov 10, 2023	J-GAAP
Apr - Sep, 2024	19,984	625	617	365	8.2	26.3	Nov 8, 2024	J-GAAP
YoY	+7.3%	+9.6%	+12.0%	+8.0%	+9.7%

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	－	7.50	May 10, 2024	J-GAAP
Apr - Sep, 2024 Results	19,984	625	617	365	8.2	7.50	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	21,628	1,492	1,485	1,015	22.4	8	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	22,016	1,775	1,733	1,185	26.4	7.50	Nov 8, 2024	J-GAAP
YoY	+1.8%	+19.0%	+16.7%	+16.7%	+18.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	36,022	1,636	1,624	1,025	22.6	12	May 12, 2023	J-GAAP
Mar, 2024	40,259	2,062	2,036	1,353	29.8	14	May 10, 2024	J-GAAP
Mar, 2025 Guidance	42,000	2,400	2,350	1,550	34.5	15	May 10, 2024	J-GAAP
YoY	+4.3%	+16.4%	+15.4%	+14.6%	+15.7%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	10,340	485	475	315	6.9	4.7	Nov 10, 2023	J-GAAP
Oct - Dec, 2023	11,683	990	978	632	13.9	8.5	Feb 7, 2024	J-GAAP
Jan - Mar, 2024	9,945	502	507	383	8.4	5.0	May 10, 2024	J-GAAP
Apr - Jun, 2024	9,145	227	218	106	2.4	2.5	Aug 7, 2024	J-GAAP
Jul - Sep, 2024	10,839	398	399	259	5.8	3.7	Nov 8, 2024	J-GAAP
YoY	+4.8%	-17.9%	-16.0%	-17.8%	-16.5%