Recovery International Co.,Ltd., January-September (Third Quarter Cumulative) Ordinary Profit Increases by 8%, July-September Ordinary Profit Increases by 68%

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

9214 Recovery International Co.,Ltd. 【J-GAAP】

Earnings Report

Recovery International Co.,Ltd. <9214> [TSE-G] announced its financial results after the market closed on November 13th (15:30). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending December 2024 (January to September) increased by 8.0% from the same period last year, reaching 122 million yen. However, The progress rate against the 195 million yen full-year plan was 62.6%, almost the same as the three-year average of 61.2%.

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to December period (4Q) is expected to expand by 82.5% from the same period last year, reaching 73 million yen.

In the most recent three-month period, from July to September (3Q), the ordinary profit increased by 68.2% from the same period last year, reaching 74 million yen. The operating profit margin rose from 10.5% in the same period last year to 12.8%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Jan - Sep, 2022	1,005	79	73	48	35.1	49.0	Nov 14, 2022	J-GAAP
Jan - Sep, 2023	1,175	111	113	74	52.9	73.9	Nov 13, 2023	J-GAAP
Jan - Sep, 2024	1,468	114	122	80	57.6	62.6	Nov 13, 2024	J-GAAP
YoY	+24.9%	+2.7%	+8.0%	+8.1%	+8.9%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul - Dec, 2023	838	82	84	64	45.3	0	Feb 14, 2024	J-GAAP
Jul - Dec, 2024 Guidance	1,051	133	147	101	74.6	0	Aug 14, 2024	J-GAAP
YoY	+25.4%	+62.2%	+75.0%	+57.8%	+64.6%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	1,385	154	149	108	78.4	0	Feb 13, 2023	J-GAAP
Dec, 2023	1,605	150	153	110	77.9	0	Feb 14, 2024	J-GAAP
Dec, 2024 Guidance	1,980	178	195	131	96.8	0	Feb 14, 2024	J-GAAP
YoY	+23.4%	+18.7%	+27.5%	+19.1%	+24.2%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	408	43	44	28	20.0	10.5	Nov 13, 2023	J-GAAP
Oct - Dec, 2023	430	39	40	36	25.5	9.1	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	441	40	40	26	18.7	9.1	May 15, 2024	J-GAAP
Apr - Jun, 2024	488	5	8	4	2.9	1.0	Aug 14, 2024	J-GAAP
Jul - Sep, 2024	539	69	74	50	36.0	12.8	Nov 13, 2024	J-GAAP
YoY	+32.1%	+60.5%	+68.2%	+78.6%	+79.8%