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RACCOON HOLDINGS, Inc., First Half Ordinary Profit Increases by 84%, August-October Ordinary Profit Increases by 6.7 times

Fri Nov 29, 2024 3:30 pm JST Earnings

3031 RACCOON HOLDINGS, Inc. 【J-GAAP】

Earnings Report

RACCOON HOLDINGS, Inc. <3031> [TSE Prime] announced its financial results after the market closed on November 29th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending April 2025 (May to October) expanded to 599 million yen, an increase of 83.7% compared to the same period last year. However, The progress rate against the 1.25 billion yen full-year plan was 47.9%, also falling below the five-year average of 52.5%.

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 November to April period (second half) is expected to surge by 3.1 times that of the same period last year, reaching 651 million yen.

In the most recent three-month period, from August to October (2Q), the consolidated ordinary profit surged to 6.7 times that of the same period last year, reaching 301 million yen. The operating profit margin drastically improved from 3.4% in the same period last year to 20.9%.

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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
May - Oct, 2022 2,582 607 629 383 17.3 51.3 Nov 30, 2022 J-GAAP
May - Oct, 2023 2,819 326 326 202 9.4 60.9 Nov 30, 2023 J-GAAP
May - Oct, 2024 3,052 619 599 289 13.5 47.9 Nov 29, 2024 J-GAAP
YoY +8.3% +89.9% +83.7% +43.1% +44.2%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
May - Oct, 2024 Guidance 3,000 580 570 250 11.7 10 Aug 30, 2024 J-GAAP
May - Oct, 2024 Results 3,052 619 599 289 13.5 10 Nov 29, 2024 J-GAAP
Revision Rate +1.7% +6.7% +5.1% +15.6% +15.7%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Nov - Apr, 2023 2,989 240 209 123 5.7 5 Jun 13, 2024 J-GAAP
Nov - Apr, 2024 Guidance 3,048 631 651 411 20.2 10 Nov 29, 2024 J-GAAP
YoY +2.0% +162.9% +211.5% +234.1% +252.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr, 2023 5,320 1,193 1,225 668 30.3 18 Jun 12, 2023 J-GAAP
Apr, 2024 5,808 566 535 325 15.2 14 Jun 13, 2024 J-GAAP
Apr, 2025 Guidance 6,100 1,250 1,250 700 34.4 20 Jun 13, 2024 J-GAAP
YoY +5.0% +120.8% +133.6% +115.4% +127.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Aug - Oct, 2023 1,430 48 45 20 0.9 3.4 Nov 30, 2023 J-GAAP
Nov - Jan, 2023 1,480 139 140 108 5.0 9.4 Feb 29, 2024 J-GAAP
Feb - Apr, 2024 1,509 101 69 15 0.7 6.7 Jun 13, 2024 J-GAAP
May - Jul, 2024 1,523 299 298 205 9.6 19.6 Aug 30, 2024 J-GAAP
Aug - Oct, 2024 1,529 320 301 84 3.9 20.9 Nov 29, 2024 J-GAAP
YoY +6.9% +566.7% +568.9% +320.0% +322.6%

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