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Haruyama Holdings Inc., First Half Ordinary Profit Loss Widens, July-September Ordinary Profit Loss Widens

Thu Nov 14, 2024 3:30 pm JST Earnings

7416 Haruyama Holdings Inc. 【J-GAAP】

Earnings Report

Haruyama Holdings Inc. <7416> [TSE-S] announced its financial results after the market closed on November 14th (15:30). The consolidated ordinary loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to a loss of 958 million yen (compared to a loss of 692 million yen in the same period last year).

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 decrease by 9.8% from the same period last year to 1.75 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary loss expanded to a loss of 901 million yen (compared to a loss of 743 million yen in the same period last year). The operating profit/loss margin worsened from -12.8% in the same period last year to -15.8%.

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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 14,659 -1,117 -916 -1,209 -74.0 Nov 11, 2022 J-GAAP
Apr - Sep, 2023 14,178 -859 -692 -1,443 -88.3 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 13,845 -1,125 -958 -1,271 -77.7 Nov 14, 2024 J-GAAP
YoY -2.3% -31.0% -38.4% +11.9% +12.0%

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 0 May 15, 2024 J-GAAP
Apr - Sep, 2024 Results 13,845 -1,125 -958 -1,271 -77.7 0 Nov 14, 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 21,737 1,786 1,948 1,848 113.2 15.50 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 22,155 1,625 1,758 1,571 97.5 15.50 Nov 14, 2024 J-GAAP
YoY +1.9% -9.0% -9.8% -15.0% -13.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 36,892 739 1,117 247 15.1 15.50 May 15, 2023 J-GAAP
Mar, 2024 35,915 927 1,256 405 24.8 15.50 May 15, 2024 J-GAAP
Mar, 2025 Guidance 36,000 500 800 300 18.6 15.50 May 15, 2024 J-GAAP
YoY +0.2% -46.1% -36.3% -25.9% -25.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 6,428 -825 -743 -1,179 -72.1 -12.8 Nov 10, 2023 J-GAAP
Oct - Dec, 2023 8,602 369 460 325 19.9 4.3 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 13,135 1,417 1,488 1,523 93.3 10.8 May 15, 2024 J-GAAP
Apr - Jun, 2024 7,590 -138 -57 -327 -20.0 -1.8 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 6,255 -987 -901 -944 -57.7 -15.8 Nov 14, 2024 J-GAAP
YoY -2.7% -19.6% -21.3% +19.9% +20.0%

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