kabutan

JAPAN Creative Platform Group Co., Ltd., July-September (3Q) Ordinary Profit Decreases by 8%

Thu Nov 14, 2024 4:00 pm JST Earnings

7814 JAPAN Creative Platform Group Co., Ltd. 【J-GAAP】

Earnings Report

JAPAN Creative Platform Group Co., Ltd. <7814> [TSE-S] announced its financial results after the market closed on November 14th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2024 (January to September) was 2.71 billion yen, a 1.3% increase compared to the same period last year. However, The progress rate against the 4 billion yen full-year plan was 67.8%, also falling below the five-year average of 72.4%.

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 decrease by 2.1% from the same period last year to 1.29 billion yen.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit decreased to 566 million yen, a 7.7% decrease compared to the same period last year. The operating profit margin worsened from 2.7% in the same period last year to 2.4%.

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 45,847 2,345 2,547 1,776 36.8 69.9 Nov 11, 2022 J-GAAP
Jan - Sep, 2023 53,923 2,159 2,676 1,720 35.2 67.0 Nov 9, 2023 J-GAAP
Jan - Sep, 2024 57,193 2,731 2,710 1,909 38.9 67.8 Nov 14, 2024 J-GAAP
YoY +6.1% +26.5% +1.3% +11.0% +10.7%

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 38,893 1,793 1,930 1,133 23.0 6.50 Feb 14, 2024 J-GAAP
Jul - Dec, 2024 Guidance 38,694 1,226 1,856 991 21.3 6.50 Aug 13, 2024 J-GAAP
YoY -0.5% -31.6% -3.8% -12.5% -7.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 64,416 3,248 3,644 2,003 41.5 11 Feb 14, 2023 J-GAAP
Dec, 2023 74,846 3,463 3,993 2,508 50.9 12 Feb 14, 2024 J-GAAP
Dec, 2024 Guidance 77,000 3,500 4,000 2,600 55.8 13 Feb 14, 2024 J-GAAP
YoY +2.9% +1.1% +0.2% +3.7% +9.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 17,970 489 613 345 7.1 2.7 Nov 9, 2023 J-GAAP
Oct - Dec, 2023 20,923 1,304 1,317 788 16.0 6.2 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 19,570 1,461 1,540 1,028 20.5 7.5 May 14, 2024 J-GAAP
Apr - Jun, 2024 18,736 813 604 581 11.8 4.3 Aug 13, 2024 J-GAAP
Jul - Sep, 2024 18,887 457 566 300 6.1 2.4 Nov 14, 2024 J-GAAP
YoY +5.1% -6.5% -7.7% -13.0% -13.3%

Related Articles