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BEING HOLDINGS CO., LTD., January-September (Third Quarter Cumulative) Ordinary Profit Increases by 20%, July-September Ordinary Profit Increases by 18%

Wed Nov 13, 2024 4:00 pm JST Earnings

9145 BEING HOLDINGS CO., LTD. 【J-GAAP】

Earnings Report

BEING HOLDINGS CO., LTD. <9145> [TSE-S] announced its financial results after the market closed on November 13th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2024 (January to September) increased by 20.1% from the same period last year, reaching 1.5 billion yen. The progress rate against the 2.08 billion yen full-year plan was 72.4%, exceeding the four-year average of 65.7%.

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to December period (4Q) is expected to grow by 2.0% from the same period last year, reaching 575 million yen.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit grew by 18.0% from the same period last year, reaching 584 million yen. The operating profit margin remained almost flat, changing from 7.2% in the same period last year to 7.4%.

Kabutan News

Actual Performance and Financial Trends

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
16,845M 801M 809M 534M 23.1 58.8 Nov 14, 2022 J-GAAP
Jan - Sep, 2023
19,085M 1,243M 1,253M 733M 31.2 69.0 Nov 14, 2023 J-GAAP
Jan - Sep, 2024
22,178M 1,488M 1,505M 910M 38.2 72.4 Nov 13, 2024 J-GAAP
YoY +16.2% +19.7% +20.1% +24.1% +22.4%

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
14,015M 1,044M 1,059M 690M 29.3 8.50 Feb 14, 2024 J-GAAP
Guidance
Jul - Dec, 2024
15,354M 1,152M 1,159M 763M 31.7 10.25 Aug 14, 2024 J-GAAP
YoY +9.6% +10.3% +9.4% +10.6% +8.2%
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Dec, 2022
23,022M 1,301M 1,376M 873M 37.6 6.50 Feb 14, 2023 J-GAAP
Dec, 2023
26,322M 1,796M 1,817M 1,123M 47.6 8.50 Feb 14, 2024 J-GAAP
Guidance
Dec, 2024
29,800M 2,070M 2,080M 1,310M 54.4 10.25 Jul 16, 2024 J-GAAP
YoY +13.2% +15.3% +14.5% +16.7% +14.1%

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Jul - Sep, 2023
6,778M 491M 495M 300M 12.8 7.2 Nov 14, 2023 J-GAAP
Oct - Dec, 2023
7,237M 553M 564M 390M 16.6 7.6 Feb 14, 2024 J-GAAP
Jan - Mar, 2024
6,933M 332M 332M 175M 7.4 4.8 May 15, 2024 J-GAAP
Apr - Jun, 2024
7,513M 586M 589M 372M 15.6 7.8 Aug 14, 2024 J-GAAP
Jul - Sep, 2024
7,732M 570M 584M 363M 15.2 7.4 Nov 13, 2024 J-GAAP
YoY +14.1% +16.1% +18.0% +21.0% +19.3%