IBOKIN Co.,Ltd., January-September (Third Quarter Cumulative) Ordinary Profit Increases by 59%, July-September Ordinary Profit Increases by 11%

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 3:15 pm JST Earnings

5699 IBOKIN Co.,Ltd. 【J-GAAP】

Earnings Report

IBOKIN Co.,Ltd. <5699> [TSE-S] announced its financial results in the afternoon session on November 14th (15:15). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2024 (January to September) expanded to 621 million yen, an increase of 58.8% compared to the same period last year. The progress rate against the 624 million yen full-year plan was 99.5%, also surpassing the five-year average of 71.5%.

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 significant drop by 98.6% from the same period last year to 3 million yen.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit grew by 11.4% from the same period last year, reaching 176 million yen. The operating profit margin improved from 6.6% in the same period last year to 7.7%.

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	6,107	302	334	222	66.1	63.6	Nov 14, 2022	J-GAAP
Jan - Sep, 2023	6,132	380	391	256	77.2	64.6	Nov 14, 2023	J-GAAP
Jan - Sep, 2024	7,225	603	621	406	122.8	99.5	Nov 14, 2024	J-GAAP
YoY	+17.8%	+58.7%	+58.8%	+58.6%	+59.2%

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	4,877	358	372	244	73.6	27.50	Feb 14, 2024	J-GAAP
Jul - Dec, 2024 Guidance	4,230	183	179	109	33.1	25	Aug 9, 2024	J-GAAP
YoY	-13.3%	-48.9%	-51.9%	-55.3%	-55.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	7,961	486	525	346	102.9	22.50	Feb 14, 2023	J-GAAP
Dec, 2023	8,660	584	605	396	119.5	27.50	Feb 14, 2024	J-GAAP
Dec, 2024 Guidance	9,216	613	624	400	121.6	25	Feb 14, 2024	J-GAAP
YoY	+6.4%	+5.0%	+3.1%	+1.0%	+1.8%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	2,349	154	158	104	31.4	6.6	Nov 14, 2023	J-GAAP
Oct - Dec, 2023	2,528	204	214	140	42.2	8.1	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	2,442	186	192	126	38.1	7.6	May 15, 2024	J-GAAP
Apr - Jun, 2024	2,544	244	253	165	50.0	9.6	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	2,239	173	176	115	34.8	7.7	Nov 14, 2024	J-GAAP
YoY	-4.7%	+12.3%	+11.4%	+10.6%	+11.0%