Japan Securities Finance Co.,Ltd., First Half Ordinary Profit Increases by 5%

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 4:00 pm JST Earnings

8511 Japan Securities Finance Co.,Ltd. 【J-GAAP】

Earnings Report

Japan Securities Finance Co.,Ltd. <8511> [TSE-P] announced its financial results after the market closed on November 11th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 5.3% from the same period last year, reaching 6.83 billion yen. The progress rate against the 12.4 billion yen full-year plan was 55.1%, it was below the five-year average of 58.2%.

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 22.8% from the same period last year, reaching 5.56 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit amounted to 3.15 billion yen, an increase of 0.8% compared to the same period last year. However, the operating profit margin decreased from 26.5% in the same period last year to 19.2%.

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	21,081	4,526	5,135	4,110	46.1	67.6	Nov 7, 2022	J-GAAP
Apr - Sep, 2023	24,793	6,058	6,489	4,682	54.3	58.9	Nov 6, 2023	J-GAAP
Apr - Sep, 2024	27,491	6,276	6,831	6,217	74.2	55.1	Nov 11, 2024	J-GAAP
YoY	+10.9%	+3.6%	+5.3%	+32.8%	+36.6%

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	27,491	6,276	6,831	6,217	74.5	42	Nov 5, 2024	J-GAAP
Apr - Sep, 2024 Results	27,491	6,276	6,831	6,217	74.2	42	Nov 11, 2024	J-GAAP
Revision Rate	0.0%	0.0%	0.0%	0.0%	-0.4%

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	25,215	3,870	4,535	3,348	39.2	30	May 7, 2024	J-GAAP
Oct - Mar, 2024 Guidance	ー	5,324	5,569	3,883	47.0	42	Nov 5, 2024	J-GAAP
YoY	－	+37.6%	+22.8%	+16.0%	+19.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	42,518	6,354	7,601	5,966	67.8	32	May 9, 2023	J-GAAP
Mar, 2024	50,008	9,928	11,024	8,030	94.0	47	May 7, 2024	J-GAAP
Mar, 2025 Guidance	ー	11,600	12,400	10,100	122.3	84	Aug 2, 2024	J-GAAP
YoY	－	+16.8%	+12.5%	+25.8%	+30.0%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	11,051	2,929	3,125	2,229	25.9	26.5	Nov 6, 2023	J-GAAP
Oct - Dec, 2023	12,248	2,887	3,246	2,378	27.7	23.6	Feb 5, 2024	J-GAAP
Jan - Mar, 2024	12,967	983	1,289	970	11.4	7.6	May 7, 2024	J-GAAP
Apr - Jun, 2024	12,397	3,379	3,681	3,380	40.3	27.3	Aug 2, 2024	J-GAAP
Jul - Sep, 2024	15,094	2,897	3,150	2,837	33.9	19.2	Nov 11, 2024	J-GAAP
YoY	+36.6%	-1.1%	+0.8%	+27.3%	+30.9%