MIRARTH HOLDINGS,Inc., First Half 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 5:00 pm JST Earnings

8897 MIRARTH HOLDINGS,Inc. 【J-GAAP】

Earnings Report

MIRARTH HOLDINGS,Inc. <8897> [TSE-P] announced its financial results after the market closed on November 11th (17:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) surged by 2.6 times that of the same period last year, reaching 3.53 billion yen. However, The progress rate against the 16 billion yen full-year plan was 22.1%, also falling below the five-year average of 33.3%.

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 grow by 7.4% from the same period last year, reaching 12.4 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit surged to 2.0 times that of the same period last year, reaching 2.33 billion yen. The operating profit margin improved from 5.6% in the same period last year to 6.4%.

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	73,471	4,328	3,810	2,875	26.4	75.7	Oct 31, 2022	J-GAAP
Apr - Sep, 2023	59,179	2,370	1,382	87	0.8	10.6	Oct 30, 2023	J-GAAP
Apr - Sep, 2024	86,363	4,580	3,537	2,077	16.5	22.1	Nov 11, 2024	J-GAAP
YoY	+45.9%	+93.2%	+155.9%	+2,287.4%	+1,984.8%

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	－	7	May 13, 2024	J-GAAP
Apr - Sep, 2024 Results	86,363	4,580	3,537	2,077	16.5	7	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	126,015	13,087	11,602	8,091	73.6	18	May 13, 2024	J-GAAP
Oct - Mar, 2024 Guidance	119,337	12,420	12,463	8,623	63.6	23	Nov 11, 2024	J-GAAP
YoY	-5.3%	-5.1%	+7.4%	+6.6%	-13.6%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	153,472	7,030	5,033	4,584	41.9	22	May 15, 2023	J-GAAP
Mar, 2024	185,194	15,457	12,984	8,178	74.4	24	May 13, 2024	J-GAAP
Mar, 2025 Guidance	205,700	17,000	16,000	10,700	78.9	30	May 13, 2024	J-GAAP
YoY	+11.1%	+10.0%	+23.2%	+30.8%	+6.0%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	31,042	1,749	1,137	305	2.8	5.6	Oct 30, 2023	J-GAAP
Oct - Dec, 2023	34,100	-35	-1,139	-1,548	-14.1	-0.1	Jan 29, 2024	J-GAAP
Jan - Mar, 2024	91,915	13,122	12,741	9,639	87.7	14.3	May 13, 2024	J-GAAP
Apr - Jun, 2024	38,865	1,531	1,207	591	5.1	3.9	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	47,498	3,049	2,330	1,486	11.8	6.4	Nov 11, 2024	J-GAAP
YoY	+53.0%	+74.3%	+104.9%	+387.2%	+325.3%