kabutan

gremz,Inc., First Half Ordinary Profit Increases by 7%

Thu Nov 14, 2024 4:00 pm JST Earnings

3150 grems,Inc. 【J-GAAP】

Earnings Report

gremz,Inc. <3150> [TSE-P] announced its financial results after the market closed on November 14th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 6.8% from the same period last year, reaching 3.45 billion yen. The progress rate against the 6.57 billion yen full-year plan was 52.5%, it was below the five-year average of 62.8%.

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 53.2% from the same period last year, reaching 3.12 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew by 29.4% from the same period last year, reaching 1.74 billion yen. The operating profit margin rose from 15.8% in the same period last year to 18.7%.

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 15,927 1,199 1,215 780 34.3 33.0 Oct 31, 2022 J-GAAP
Apr - Sep, 2023 15,944 3,197 3,231 2,177 95.0 61.3 Nov 14, 2023 J-GAAP
Apr - Sep, 2024 16,778 3,372 3,450 2,334 101.1 52.5 Nov 14, 2024 J-GAAP
YoY +5.2% +5.5% +6.8% +7.2% +6.4%

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 16,500 3,250 3,304 2,190 94.8 20 May 15, 2024 J-GAAP
Apr - Sep, 2024 Results 16,778 3,372 3,450 2,334 101.1 20 Nov 14, 2024 J-GAAP
Revision Rate +1.7% +3.8% +4.4% +6.6% +6.6%

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 13,964 2,020 2,037 1,363 59.2 32 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 17,222 3,128 3,120 1,986 86.0 37 Nov 14, 2024 J-GAAP
YoY +23.3% +54.9% +53.2% +45.7% +45.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 31,392 3,600 3,687 2,465 108.2 22 May 15, 2023 J-GAAP
Mar, 2024 29,908 5,217 5,268 3,540 153.8 47 May 15, 2024 J-GAAP
Mar, 2025 Guidance 34,000 6,500 6,570 4,320 187.0 57 May 15, 2024 J-GAAP
YoY +13.7% +24.6% +24.7% +22.0% +21.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 8,437 1,334 1,345 900 39.3 15.8 Nov 14, 2023 J-GAAP
Oct - Dec, 2023 7,806 1,528 1,533 1,004 43.7 19.6 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 6,158 492 504 359 15.6 8.0 May 15, 2024 J-GAAP
Apr - Jun, 2024 7,653 1,663 1,709 1,155 50.0 21.7 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 9,125 1,709 1,741 1,179 51.0 18.7 Nov 14, 2024 J-GAAP
YoY +8.2% +28.1% +29.4% +31.0% +30.0%

Related Articles