kabutan

Unite and Grow Inc., January-September (Third Quarter Cumulative) Ordinary Profit Increases by 16%

Thu Nov 14, 2024 4:00 pm JST Earnings

4486 Unite and Grow Inc. 【J-GAAP】

Earnings Report

Unite and Grow Inc. <4486> [TSE-G] announced its financial results after the market closed on November 14th (16:00). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending December 2024 (January to September) increased by 16.3% from the previous period to 293 million yen. However, The progress rate against the 503 million yen full-year plan was 58.3%, also falling below the five-year average of 77.7%.

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to December period (4Q) is expected to expand by 50.0% from the previous period to 210 million yen.

In the most recent three-month period, from July to September (3Q), the ordinary profit grew by 16.7% from the same period last year, reaching 126 million yen. The operating profit margin rose from 15.4% in the same period last year to 16.8%.

Note: Since the current fiscal year, the company has transitioned to non-consolidated financial statements.

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 1,736 281 281 207 27.4 86.7 Nov 14, 2022 J-GAAP
Jan - Sep, 2023 1,923 252 252 184 23.6 64.3 Nov 14, 2023 J-GAAP
Jan - Sep, 2024 2,158 277 293 304 38.8 58.3 Nov 14, 2024 J-GAAP
YoY +12.2% +9.9% +16.3% +65.2% +64.3%

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 1,445 248 248 199 25.5 11 Feb 14, 2024 J-GAAP
Jul - Dec, 2024 Guidance 1,667 338 336 236 30.0 12 Aug 14, 2024 J-GAAP
YoY +15.4% +36.3% +35.5% +18.6% +17.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 2,335 324 324 238 31.2 8 Feb 14, 2023 J-GAAP
Dec, 2023 2,667 392 392 305 39.1 11 Feb 14, 2024 J-GAAP
Dec, 2024 Guidance 3,071 488 503 460 58.6 12 Aug 14, 2024 J-GAAP
YoY +15.1% +24.5% +28.3% +50.8% +49.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 701 108 108 78 10.0 15.4 Nov 14, 2023 J-GAAP
Oct - Dec, 2023 744 140 140 121 15.5 18.8 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 687 85 86 64 8.2 12.4 May 14, 2024 J-GAAP
Apr - Jun, 2024 717 65 81 160 20.4 9.1 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 754 127 126 80 10.2 16.8 Nov 14, 2024 J-GAAP
YoY +7.6% +17.6% +16.7% +2.6% +2.0%

Related Articles