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PLAZA HOLDINGS CO.,LTD., July-September (2Q) Ordinary Profit Loss Widens

Mon Nov 11, 2024 4:00 pm JST Earnings

7502 PLAZA HOLDINGS CO.,LTD. 【J-GAAP】

Earnings Report

PLAZA HOLDINGS CO.,LTD. <7502> [TSE-S] announced its financial results after the market closed on November 11th (16:00). The consolidated ordinary loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) was a reduced loss of 86 million yen (compared to a loss of 283 million yen in the same period last year).

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 47.0% from the same period last year to 286 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary loss expanded to a loss of 88 million yen (compared to a loss of 33 million yen in the same period last year). The operating profit/loss margin worsened from -0.5% in the same period last year to -1.4%.

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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 8,619 -470 -476 -520 -214.2 Nov 8, 2022 J-GAAP
Apr - Sep, 2023 8,133 -368 -283 -321 -133.1 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 8,220 -102 -86 -89 -37.6 Nov 11, 2024 J-GAAP
YoY +1.1% +72.3% +69.6% +72.3% +71.7%

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 0 May 15, 2024 J-GAAP
Apr - Sep, 2024 Results 8,220 -102 -86 -89 -37.6 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 9,505 586 540 379 159.1 50 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 8,780 352 286 189 81.5 50 Nov 11, 2024 J-GAAP
YoY -7.6% -39.9% -47.0% -50.1% -48.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 19,127 91 119 -204 -84.2 50 May 12, 2023 J-GAAP
Mar, 2024 17,638 218 257 58 24.3 50 May 15, 2024 J-GAAP
Mar, 2025 Guidance 17,000 250 200 100 43.1 50 May 15, 2024 J-GAAP
YoY -3.6% +14.7% -22.2% +72.4% +77.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 4,280 -23 -33 -47 -19.5 -0.5 Nov 10, 2023 J-GAAP
Oct - Dec, 2023 4,761 151 144 101 41.9 3.2 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 4,744 435 396 278 116.7 9.2 May 15, 2024 J-GAAP
Apr - Jun, 2024 3,907 -42 2 5 2.3 -1.1 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 4,313 -60 -88 -94 -39.7 -1.4 Nov 11, 2024 J-GAAP
YoY +0.8% -160.9% -166.7% -100.0% -103.8%

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