AHJIKAN CO.,LTD., First Half Ordinary Profit Increases by 38%, July-September Ordinary Profit Increases by 15%

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.

Mon Nov 11, 2024 3:00 pm JST Earnings

2907 AHJIKAN CO.,LTD. 【J-GAAP】

Earnings Report

AHJIKAN CO.,LTD. <2907> [TSE-S] announced its financial results in the afternoon session on November 11th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to 1.33 billion yen, an increase of 38.4% compared to the same period last year. The progress rate against the 2 billion yen full-year plan was 66.9%, also surpassing the five-year average of 58.1%.

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 49.0% from the same period last year to 663 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew by 14.8% from the same period last year, reaching 658 million yen. The operating profit margin improved from 3.6% in the same period last year to 6.4%.

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	22,912	245	738	490	64.4	158.4	Nov 8, 2022	J-GAAP
Apr - Sep, 2023	24,249	582	966	657	86.4	42.6	Nov 10, 2023	J-GAAP
Apr - Sep, 2024	25,093	1,301	1,337	922	121.2	66.9	Nov 11, 2024	J-GAAP
YoY	+3.5%	+123.5%	+38.4%	+40.3%	+40.2%

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	25,000	1,300	1,330	920	120.9	0	Nov 1, 2024	J-GAAP
Apr - Sep, 2024 Results	25,093	1,301	1,337	922	121.2	0	Nov 11, 2024	J-GAAP
Revision Rate	+0.4%	+0.1%	+0.5%	+0.2%	+0.2%

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	25,991	1,128	1,300	852	112.0	25	May 14, 2024	J-GAAP
Oct - Mar, 2024 Guidance	26,907	599	663	478	62.8	30	Nov 11, 2024	J-GAAP
YoY	+3.5%	-46.9%	-49.0%	-43.9%	-43.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	47,433	89	466	267	35.2	16	May 12, 2023	J-GAAP
Mar, 2024	50,240	1,710	2,266	1,509	198.4	25	May 14, 2024	J-GAAP
Mar, 2025 Guidance	52,000	1,900	2,000	1,400	184.0	30	Nov 1, 2024	J-GAAP
YoY	+3.5%	+11.1%	-11.7%	-7.2%	-7.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	12,427	442	573	383	50.4	3.6	Nov 10, 2023	J-GAAP
Oct - Dec, 2023	13,450	735	691	457	60.1	5.5	Feb 1, 2024	J-GAAP
Jan - Mar, 2024	12,541	393	609	395	51.9	3.1	May 14, 2024	J-GAAP
Apr - Jun, 2024	12,173	478	679	475	62.4	3.9	Aug 1, 2024	J-GAAP
Jul - Sep, 2024	12,920	823	658	447	58.7	6.4	Nov 11, 2024	J-GAAP
YoY	+4.0%	+86.2%	+14.8%	+16.7%	+16.6%