Broad-Minded Co.,Ltd., First Half Ordinary Profit Decreases by 30%, July-September Ordinary Profit Decreases by 35%

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

7343 Broad-Minded Co.,Ltd. 【J-GAAP】

Earnings Report

Broad-Minded Co.,Ltd. <7343> [TSE-G] 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) dropped by 30.3% from the same period last year to 182 million yen. The progress rate against the 825 million yen full-year plan was 22.1%, also falling below the five-year average of 36.1%.

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 expand by 30.2% from the same period last year, reaching 643 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit dropped to 67 million yen, a 35.0% decrease compared to the same period last year. The operating profit margin drastically worsened from 8.3% in the same period last year to 5.2%.

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	1,820	266	267	267	50.5	41.0	Nov 11, 2022	J-GAAP
Apr - Sep, 2023	2,164	245	261	167	31.3	34.6	Nov 13, 2023	J-GAAP
Apr - Sep, 2024	2,655	171	182	66	12.0	22.1	Nov 13, 2024	J-GAAP
YoY	+22.7%	-30.2%	-30.3%	-60.5%	-61.7%

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	2,655	171	182	66	12.0	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	3,057	477	494	280	51.9	40	May 14, 2024	J-GAAP
Oct - Mar, 2024 Guidance	3,515	649	643	394	70.1	80	Nov 13, 2024	J-GAAP
YoY	+15.0%	+36.1%	+30.2%	+40.7%	+34.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	4,324	618	651	535	100.8	24	May 12, 2023	J-GAAP
Mar, 2024	5,221	722	755	447	82.9	40	May 14, 2024	J-GAAP
Mar, 2025 Guidance	6,170	820	825	460	81.8	80	May 14, 2024	J-GAAP
YoY	+18.2%	+13.6%	+9.3%	+2.9%	-1.4%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	1,134	94	103	67	12.5	8.3	Nov 13, 2023	J-GAAP
Oct - Dec, 2023	1,075	173	176	112	20.9	16.1	Feb 13, 2024	J-GAAP
Jan - Mar, 2024	1,982	304	318	168	31.2	15.3	May 14, 2024	J-GAAP
Apr - Jun, 2024	1,470	109	115	49	8.9	7.4	Aug 13, 2024	J-GAAP
Jul - Sep, 2024	1,185	62	67	17	3.1	5.2	Nov 13, 2024	J-GAAP
YoY	+4.5%	-34.0%	-35.0%	-74.6%	-75.4%