Wellco Holdings Corporation, Last Fiscal Year Net Income Revised Downward to a Loss

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Tue Nov 26, 2024 3:30 pm JST Revision

7831 Wellco Holdings Corporation 【J-GAAP】

Guidance Update Report

Wellco Holdings Corporation <7831> [TSE Std] announced a performance revision after the market closed on November 26th (15:30). The consolidated net income/loss for the fiscal year ending October 2024 has been revised downward from an expected profit of 100 million yen to a loss of 353 million yen (compared to a profit of 2 million yen in the previous period), turning to a loss outlook.

Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the May to October period (second half) consolidated net income/loss has been revised downward from an expected profit of 235 million yen to a loss of 218 million yen (compared to a loss of 108 million yen in the same period of the previous year), turning to a loss outlook.

Kabutan News

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
May - Oct, 2024 Prev	4,508	60	37	235	9.6	2	Jul 16, 2024	J-GAAP
May - Oct, 2024 New	4,108	-254	-249	-218	-8.9	2	Nov 26, 2024	J-GAAP
Revision Rate	-8.9%	－	－	－	－

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct, 2024 Prev	9,000	100	100	100	4.1	2	Dec 12, 2023	J-GAAP
Oct, 2024 New	8,600	-214	-186	-353	-14.4	2	Nov 26, 2024	J-GAAP
Revision Rate	-4.4%	－	－	－	－

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
May - Oct, 2023	4,046	-103	-106	-108	-5.9	2	Dec 12, 2023	J-GAAP
May - Oct, 2024 Guidance	4,108	-254	-249	-218	-8.9	2	Nov 26, 2024	J-GAAP
YoY	+1.5%	-146.6%	-134.9%	-101.9%	-49.5%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct, 2022	9,033	267	337	327	13.3	2	Dec 12, 2022	J-GAAP
Oct, 2023	8,816	14	15	2	0.1	2	Dec 12, 2023	J-GAAP
Oct, 2024 Guidance	8,600	-214	-186	-353	-14.4	2	Nov 26, 2024	J-GAAP
YoY	-2.5%	－	－	－	－