kabutan

THE KYOTO HOTEL, LTD., First Half Ordinary Profit Decreases by 16%

Mon Nov 11, 2024 4:00 pm JST Earnings

9723 THE KYOTO HOTEL, LTD. 【J-GAAP】

Earnings Report

THE KYOTO HOTEL, LTD. <9723> [TSE-S] announced its financial results after the market closed on November 11th (16:00). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2025 (April to September) decreased by 15.7% from the same period last year to 236 million yen. However, The progress rate against the 320 million yen full-year plan was 73.8%, also surpassing the progress rate of 34.7% from the same period of the previous year.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to March period (second half) is expected to significant drop by 84.1% from the same period last year to 84 million yen.

In the most recent three-month period, from July to September (2Q), the ordinary loss expanded to a loss of 78 million yen (compared to a loss of 3 million yen in the same period last year). The operating profit/loss margin drastically worsened from 1.6% in the same period last year to -2.0%.

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 2,996 -428 -291 -298 -24.8 ー Nov 9, 2022 J-GAAP
Apr - Sep, 2023 4,234 351 280 271 20.9 34.7 Nov 9, 2023 J-GAAP
Apr - Sep, 2024 4,274 312 236 222 16.8 73.8 Nov 11, 2024 J-GAAP
YoY +0.9% -11.1% -15.7% -18.1% -19.5%

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 － － May 14, 2024 J-GAAP
Apr - Sep, 2024 Results 4,274 312 236 222 16.8 － 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 4,904 602 527 663 52.6 5 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 4,676 138 84 78 6.5 3 Nov 11, 2024 J-GAAP
YoY -4.6% -77.1% -84.1% -88.2% -87.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 7,350 -29 79 62 5.2 0 May 10, 2023 J-GAAP
Mar, 2024 9,138 953 807 934 74.2 5 May 14, 2024 J-GAAP
Mar, 2025 Guidance 8,950 450 320 300 24.9 3 May 14, 2024 J-GAAP
YoY -2.1% -52.8% -60.3% -67.9% -66.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 1,929 31 -3 -9 -0.7 1.6 Nov 9, 2023 J-GAAP
Oct - Dec, 2023 2,699 527 492 489 38.9 19.5 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 2,205 75 35 174 13.8 3.4 May 14, 2024 J-GAAP
Apr - Jun, 2024 2,369 351 314 273 21.8 14.8 Aug 13, 2024 J-GAAP
Jul - Sep, 2024 1,905 -39 -78 -51 -3.9 -2.0 Nov 11, 2024 J-GAAP
YoY -1.2% － -2,500.0% -466.7% -459.4%

Related Articles