Double Standard Inc., First Half Ordinary Profit Increases by 42%, July-September Ordinary Profit Increases by 44%

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.

Wed Nov 13, 2024 3:30 pm JST Earnings

3925 Double Standard Inc. 【J-GAAP】

Earnings Report

Double Standard Inc. <3925> [TSE-P] announced its financial results after the market closed on November 13th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to 1.17 billion yen, an increase of 41.9% compared to the same period last year. However, The progress rate against the 2.5 billion yen full-year plan was 47.1%, almost the same as the five-year average of 44.6%.

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 9.8% from the same period last year to 1.32 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased by 44.2% from the same period last year, reaching 666 million yen. The operating profit margin rose from 27.3% in the same period last year to 35.3%.

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	3,469	1,091	1,069	747	55.1	50.6	Nov 14, 2022	J-GAAP
Apr - Sep, 2023	3,201	825	830	646	47.6	36.1	Nov 13, 2023	J-GAAP
Apr - Sep, 2024	3,649	1,179	1,178	813	60.2	47.1	Nov 13, 2024	J-GAAP
YoY	+14.0%	+42.9%	+41.9%	+25.9%	+26.4%

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 13, 2024	J-GAAP
Apr - Sep, 2024 Results	3,649	1,179	1,178	813	60.2	0	Nov 13, 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	3,946	1,484	1,466	1,008	74.4	55	May 13, 2024	J-GAAP
Oct - Mar, 2024 Guidance	3,951	1,371	1,322	937	69.3	60	Nov 13, 2024	J-GAAP
YoY	+0.1%	-7.6%	-9.8%	-7.0%	-6.8%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	6,911	2,121	2,111	1,625	119.7	50	May 12, 2023	J-GAAP
Mar, 2024	7,147	2,309	2,296	1,654	122.0	55	May 13, 2024	J-GAAP
Mar, 2025 Guidance	7,600	2,550	2,500	1,750	129.5	60	May 13, 2024	J-GAAP
YoY	+6.3%	+10.4%	+8.9%	+5.8%	+6.1%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	1,693	462	462	308	22.7	27.3	Nov 13, 2023	J-GAAP
Oct - Dec, 2023	1,818	614	614	419	30.9	33.8	Feb 13, 2024	J-GAAP
Jan - Mar, 2024	2,128	870	852	589	43.5	40.9	May 13, 2024	J-GAAP
Apr - Jun, 2024	1,762	513	512	354	26.2	29.1	Aug 13, 2024	J-GAAP
Jul - Sep, 2024	1,887	666	666	459	34.0	35.3	Nov 13, 2024	J-GAAP
YoY	+11.5%	+44.2%	+44.2%	+49.0%	+49.7%