Yamaichi Uniheim Real Estate Co.,Ltd, First Half Ordinary Profit Increases by 8.4 times, July-September Ordinary Profit Increases by 2.6 times

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 3:38 pm JST Earnings

2984 Yamaichi Uniheim Real Estate Co.,Ltd 【J-GAAP】

Earnings Report

Yamaichi Uniheim Real Estate Co.,Ltd <2984> [TSE-S] announced its financial results after the market closed on November 11th (15:38). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) surged by 8.4 times that of the same period last year, reaching 461 million yen. The progress rate against the 1.93 billion yen full-year plan was 23.9%, exceeding the same period of the previous year of 2.8%.

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 21.8% from the same period last year to 1.47 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit surged to 2.6 times that of the same period last year, reaching 427 million yen. However, the operating profit margin remained almost flat, changing from 9.0% in the same period last year to 8.9%.

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	11,295	1,578	1,397	972	153.7	65.5	Nov 11, 2022	J-GAAP
Apr - Sep, 2023	4,591	214	55	55	7.7	2.8	Nov 10, 2023	J-GAAP
Apr - Sep, 2024	8,933	643	461	227	27.1	23.9	Nov 11, 2024	J-GAAP
YoY	+94.6%	+200.5%	+738.2%	+312.7%	+251.4%

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	－	0	May 10, 2024	J-GAAP
Apr - Sep, 2024 Results	8,933	643	461	227	27.1	0	Nov 11, 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	15,492	2,129	1,880	1,200	167.1	33	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	15,501	1,659	1,470	993	116.2	30	Nov 11, 2024	J-GAAP
YoY	+0.1%	-22.1%	-21.8%	-17.3%	-30.5%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	18,626	2,508	2,134	1,307	193.8	30	May 12, 2023	J-GAAP
Mar, 2024	20,083	2,343	1,935	1,255	174.8	33	May 10, 2024	J-GAAP
Mar, 2025 Guidance	24,434	2,302	1,931	1,220	142.8	30	May 10, 2024	J-GAAP
YoY	+21.7%	-1.7%	-0.2%	-2.8%	-18.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	2,971	267	166	123	17.2	9.0	Nov 10, 2023	J-GAAP
Oct - Dec, 2023	3,427	708	619	422	58.8	20.7	Feb 9, 2024	J-GAAP
Jan - Mar, 2024	12,065	1,421	1,261	778	108.3	11.8	May 10, 2024	J-GAAP
Apr - Jun, 2024	2,779	95	34	-8	-1.1	3.4	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	6,154	548	427	235	28.0	8.9	Nov 11, 2024	J-GAAP
YoY	+107.1%	+105.2%	+157.2%	+91.1%	+62.6%