YAMABIKO CORPORATION, The Current Fiscal Year Ordinary Profit Revised Upward by 9%, Adds to Record High Profit Forecast

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.

Thu Nov 14, 2024 2:00 pm JST Earnings

6250 YAMABIKO CORPORATION 【J-GAAP】

Earnings Report

YAMABIKO CORPORATION <6250> [TSE-P] announced its financial results in the afternoon session on November 14th (14:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2024 (January to September) increased by 23.3% from the same period last year, reaching 17 billion yen.

In addition, the full-year consolidated ordinary profit has been revised upward by 8.8%, from the previous forecast of 17 billion yen to 18.5 billion yen (compared to 14 billion yen in the previous period), increasing the growth rate from 20.9% to 31.5%, further surpassing the previous forecast of record-high profits for two consecutive terms.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the July to December period (second half) is expected to increase by 34.7%, from the previous forecast of 4.32 billion yen to 5.82 billion yen (compared to 3.43 billion yen in the same period of the previous year), increasing the growth rate from 26.0% to 69.6%.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit increased by 37.2% from the same period last year, reaching 4.34 billion yen. The operating profit margin drastically improved from 8.0% in the same period last year to 14.4%.

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	121,610	9,475	11,022	8,198	197.1	119.6	Nov 14, 2022	J-GAAP
Jan - Sep, 2023	117,821	13,253	13,796	9,051	217.5	98.1	Nov 13, 2023	J-GAAP
Jan - Sep, 2024	127,151	17,238	17,017	13,430	326.3	92.0	Nov 14, 2024	J-GAAP
YoY	+7.9%	+30.1%	+23.3%	+48.4%	+50.0%

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul - Dec, 2024 Prev	73,594	6,114	4,328	2,953	71.9	40	Aug 9, 2024	J-GAAP
Jul - Dec, 2024 New	75,594	7,114	5,828	3,953	96.2	40	Nov 14, 2024	J-GAAP
Revision Rate	+2.7%	+16.4%	+34.7%	+33.9%	+33.9%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2024 Prev	160,000	17,500	17,000	13,000	316.5	80	Aug 9, 2024	J-GAAP
Dec, 2024 New	162,000	18,500	18,500	14,000	340.8	80	Nov 14, 2024	J-GAAP
Revision Rate	+1.3%	+5.7%	+8.8%	+7.7%	+7.7%

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	71,247	4,006	3,436	2,379	57.3	29	Feb 13, 2024	J-GAAP
Jul - Dec, 2024 Guidance	75,594	7,114	5,828	3,953	96.2	40	Nov 14, 2024	J-GAAP
YoY	+6.1%	+77.6%	+69.6%	+66.2%	+68.1%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	156,159	8,688	9,217	6,299	151.5	52	Feb 13, 2023	J-GAAP
Dec, 2023	151,400	14,230	14,066	9,097	219.0	55	Feb 13, 2024	J-GAAP
Dec, 2024 Guidance	162,000	18,500	18,500	14,000	340.8	80	Nov 14, 2024	J-GAAP
YoY	+7.0%	+30.0%	+31.5%	+53.9%	+55.6%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	37,668	3,029	3,166	2,333	56.1	8.0	Nov 13, 2023	J-GAAP
Oct - Dec, 2023	33,579	977	270	46	1.1	2.9	Feb 13, 2024	J-GAAP
Jan - Mar, 2024	40,805	6,119	6,792	5,535	134.0	15.0	May 13, 2024	J-GAAP
Apr - Jun, 2024	45,601	5,267	5,880	4,512	109.5	11.6	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	40,745	5,852	4,345	3,383	82.2	14.4	Nov 14, 2024	J-GAAP
YoY	+8.2%	+93.2%	+37.2%	+45.0%	+46.6%