Izu Shaboten Resort Co.,Ltd, The Current Fiscal Year Ordinary Profit Revised Upward by 11%, Highest in Nineteen Terms

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 4:00 pm JST Earnings

6819 Izu Shaboten Resort Co.,Ltd 【J-GAAP】

Earnings Report

Izu Shaboten Resort Co.,Ltd <6819> [TSE-S] announced its financial results after the market closed on November 13th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 24.6% from the same period last year, reaching 659 million yen.

In addition, the full-year consolidated ordinary profit has been revised upward by 10.6%, from the previous forecast of 1.04 billion yen to 1.15 billion yen (compared to 954 million yen in the previous period), increasing the growth rate from 9.0% to 20.5%, reaches new record high for the first time in nineteen terms.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to grow by 15.5% from the same period last year, reaching 491 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew by 13.1% from the same period last year, reaching 509 million yen. The operating profit margin rose from 29.9% in the same period last year to 31.4%.

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	1,641	369	409	235	16.5	59.0	Nov 11, 2022	J-GAAP
Apr - Sep, 2023	2,309	490	529	30	1.7	55.5	Nov 13, 2023	J-GAAP
Apr - Sep, 2024	2,749	640	659	417	22.9	57.3	Nov 13, 2024	J-GAAP
YoY	+19.1%	+30.6%	+24.6%	+1,290.0%	+1,263.7%

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	ー	ー	ー	ー	－	0	May 14, 2024	J-GAAP
Apr - Sep, 2024 Results	2,749	640	659	417	22.9	0	Nov 13, 2024	J-GAAP
Revision Rate	－	－	－	－	－

Guidance Update

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	5,000	1,010	1,040	650	35.7	10	May 14, 2024	J-GAAP
Mar, 2025 New	5,500	1,110	1,150	740	40.6	10	Nov 13, 2024	J-GAAP
Revision Rate	+10.0%	+9.9%	+10.6%	+13.8%	+13.9%

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	2,339	410	425	293	16.1	10	May 14, 2024	J-GAAP
Oct - Mar, 2024 Guidance	2,751	470	491	323	17.7	10	Nov 13, 2024	J-GAAP
YoY	+17.6%	+14.6%	+15.5%	+10.2%	+9.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	3,390	644	693	477	33.5	0	May 12, 2023	J-GAAP
Mar, 2024	4,648	900	954	323	17.8	10	May 14, 2024	J-GAAP
Mar, 2025 Guidance	5,500	1,110	1,150	740	40.6	10	Nov 13, 2024	J-GAAP
YoY	+18.3%	+23.3%	+20.5%	+129.1%	+128.4%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	1,386	414	450	286	16.0	29.9	Nov 13, 2023	J-GAAP
Oct - Dec, 2023	1,143	169	181	118	6.5	14.8	Feb 13, 2024	J-GAAP
Jan - Mar, 2024	1,196	241	244	175	9.6	20.2	May 14, 2024	J-GAAP
Apr - Jun, 2024	1,164	143	150	77	4.3	12.3	Aug 14, 2024	J-GAAP
Jul - Sep, 2024	1,585	497	509	340	18.7	31.4	Nov 13, 2024	J-GAAP
YoY	+14.4%	+20.0%	+13.1%	+18.9%	+16.6%