kabutan

Juroku Financial Group,Inc., First Half Ordinary Profit Unexpectedly Revised Upward by 13%

Mon Nov 11, 2024 3:00 pm JST Earnings

7380 Juroku Financial Group,Inc. 【J-GAAP】

Earnings Report

Juroku Financial Group,Inc. <7380> [TSE-P] 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) increased by 13.4% from the same period last year, reaching 15.9 billion yen, resulting in an increase in profits compared to the previous forecast of a 1.8% decrease.

The progress rate against the 27.5 billion yen full-year plan was 57.9%, also surpassing the five-year average of 52.3%.

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 decrease by 16.5% from the same period last year to 11.5 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew by 8.0% from the same period last year, reaching 7.06 billion yen.

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 58,462 ー 15,598 10,324 55.8 57.2 Nov 14, 2022 J-GAAP
Apr - Sep, 2023 63,113 ー 14,052 9,517 52.4 50.4 Nov 14, 2023 J-GAAP
Apr - Sep, 2024 63,912 ー 15,933 10,397 57.3 57.9 Nov 11, 2024 J-GAAP
YoY +1.3% － +13.4% +9.2% +9.3%

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 13,800 9,500 52.9 16 May 9, 2024 J-GAAP
Apr - Sep, 2024 Results 63,912 ー 15,933 10,397 57.3 16 Nov 11, 2024 J-GAAP
Revision Rate － － +15.5% +9.4% +8.2%

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 65,722 ー 13,856 9,801 53.8 18 May 9, 2024 J-GAAP
Oct - Mar, 2024 Guidance ー ー 11,567 8,603 47.9 16 Nov 11, 2024 J-GAAP
YoY － － -16.5% -12.2% -10.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 112,685 ー 27,262 18,630 101.2 26 May 11, 2023 J-GAAP
Mar, 2024 128,835 ー 27,908 19,318 106.1 32 May 9, 2024 J-GAAP
Mar, 2025 Guidance ー ー 27,500 19,000 105.9 32 May 9, 2024 J-GAAP
YoY － － -1.5% -1.6% -0.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 31,939 ー 6,545 4,163 22.9 0.0 Nov 14, 2023 J-GAAP
Oct - Dec, 2023 34,435 ー 6,938 5,032 27.7 0.0 Jan 30, 2024 J-GAAP
Jan - Mar, 2024 31,287 ー 6,918 4,769 26.2 0.0 May 9, 2024 J-GAAP
Apr - Jun, 2024 30,691 ー 8,867 6,299 34.5 0.0 Jul 26, 2024 J-GAAP
Jul - Sep, 2024 33,221 ー 7,066 4,098 22.6 0.0 Nov 11, 2024 J-GAAP
YoY +4.0% － +8.0% -1.6% -1.5%

Related Articles