BSN MEDIA HOLDINGS, INC., July-September (2Q) Ordinary Profit Decreases by 49%

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 3:40 pm JST Earnings

9408 BSN MEDIA HOLDINGS, INC. 【J-GAAP】

Earnings Report

BSN MEDIA HOLDINGS, INC. <9408> [TSE-S] announced its financial results after the market closed on November 13th (15:40). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 4.1% from the same period last year, reaching 555 million yen. The progress rate against the 1.42 billion yen full-year plan was 38.9%, exceeding 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 decrease by 12.5% from the same period last year to 870 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit dropped to 159 million yen, a 48.9% decrease compared to the same period last year. The operating profit margin worsened from 5.4% in the same period last year to 2.5%.

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	9,810	493	559	299	50.0	30.2	Nov 11, 2022	J-GAAP
Apr - Sep, 2023	10,147	452	533	263	44.0	34.9	Nov 10, 2023	J-GAAP
Apr - Sep, 2024	10,220	456	555	271	45.3	38.9	Nov 13, 2024	J-GAAP
YoY	+0.7%	+0.9%	+4.1%	+3.0%	+2.9%

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	10,220	456	555	271	45.3	7	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	12,894	889	994	431	71.9	5	May 13, 2024	J-GAAP
Oct - Mar, 2024 Guidance	12,546	908	870	423	70.5	7	Nov 13, 2024	J-GAAP
YoY	-2.7%	+2.1%	-12.5%	-1.9%	-1.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	23,120	1,671	1,852	958	159.8	10	May 11, 2023	J-GAAP
Mar, 2024	23,041	1,341	1,527	694	115.7	10	May 13, 2024	J-GAAP
Mar, 2025 Guidance	22,766	1,364	1,425	694	115.7	14	May 13, 2024	J-GAAP
YoY	-1.2%	+1.7%	-6.7%	0.0%	0.0%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	5,310	285	311	150	25.1	5.4	Nov 10, 2023	J-GAAP
Oct - Dec, 2023	5,676	387	427	210	35.0	6.8	Feb 13, 2024	J-GAAP
Jan - Mar, 2024	7,218	502	567	221	36.9	7.0	May 13, 2024	J-GAAP
Apr - Jun, 2024	5,004	323	396	200	33.5	6.5	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	5,216	133	159	71	11.9	2.5	Nov 13, 2024	J-GAAP
YoY	-1.8%	-53.3%	-48.9%	-52.7%	-52.7%