Rococo Co.Ltd., July-September (3Q) Ordinary Profit Increases by 3.5 times

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Thu Nov 14, 2024 5:00 pm JST Earnings

5868 Rococo Co.Ltd. 【J-GAAP】

Earnings Report

Rococo Co.Ltd. <5868> [TSE-S] announced its financial results after the market closed on November 14th (17:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2024 (January to September) dropped by 33.2% from the same period last year to 251 million yen. The progress rate against the 360 million yen full-year plan was 69.7%, also falling below the same period of the previous year of 83.6%.

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 expand by 47.3% from the same period last year, reaching 109 million yen.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit surged to 3.5 times that of the same period last year, reaching 208 million yen. The operating profit margin drastically improved from 4.1% in the same period last year to 9.7%.

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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, 2024	5,710	235	251	156	42.3	69.7	Nov 14, 2024	J-GAAP
YoY	－	－	－	－	－

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	3,625	158	134	72	27.4	20	Feb 14, 2024	J-GAAP
Jul - Dec, 2024 Guidance	3,945	304	317	220	59.1	20	Aug 14, 2024	J-GAAP
YoY	+8.8%	+92.4%	+136.6%	+205.6%	+115.8%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2023	7,175	480	450	289	110.0	20	Feb 14, 2024	J-GAAP
Dec, 2024 Guidance	7,711	350	360	231	62.1	20	Aug 14, 2024	J-GAAP
YoY	+7.5%	-27.1%	-20.0%	-20.1%	-43.5%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	1,850	86	74	39	14.8	4.6	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	1,941	122	126	80	21.9	6.3	May 15, 2024	J-GAAP
Apr - Jun, 2024	1,825	-76	-83	-69	-19.9	-4.2	Aug 14, 2024	J-GAAP
Jul - Sep, 2024	1,944	189	208	145	39.4	9.7	Nov 14, 2024	J-GAAP
YoY	－	－	－	－	－