Yoshimura Food, The Current Fiscal Year Net Income Revised Upward by 35%, Adds to Record High Profit Forecast

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Mon Dec 9, 2024 4:00 pm JST Revision

2884 Yoshimura Food Holdings K.K. 【J-GAAP】

Guidance Update Report

Yoshimura Food Holdings K.K. <2884> [TSE Prime] announced a performance revision after the market closed on December 9th (16:00). The consolidated net income for the fiscal year ending February 2025 has been revised upward 35.1%, from the previous forecast of 1.11 billion yen to 1.5 billion yen (compared to 1.03 billion yen in the previous period), increasing the growth rate from 7.8% to 45.7%, further surpassing the previous forecast of record-high profits for four consecutive terms.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the September to February period (second half) consolidated net income is expected to increase 2.4 times, from the previous forecast of 279 million yen to 670 million yen (compared to 196 million yen in the same period of the previous year), increasing the growth rate from 42.3% to 3.4 times.

Kabutan News

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep - Feb, 2024 Prev	29,477	741	661	279	11.7	0	Oct 15, 2024	J-GAAP
Sep - Feb, 2024 New	29,477	741	661	670	28.1	0	Dec 9, 2024	J-GAAP
Revision Rate	0.0%	0.0%	0.0%	+140.1%	+140.3%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2025 Prev	58,215	2,744	2,671	1,113	46.7	0	Apr 15, 2024	J-GAAP
Feb, 2025 New	58,215	2,744	2,671	1,504	63.1	0	Dec 9, 2024	J-GAAP
Revision Rate	0.0%	0.0%	0.0%	+35.1%	+35.1%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep - Feb, 2023	26,697	1,489	1,643	200	8.5	0	Apr 15, 2024	J-GAAP
Sep - Feb, 2024 Guidance	29,477	741	661	670	28.1	0	Dec 9, 2024	J-GAAP
YoY	+10.4%	-50.2%	-59.8%	+235.0%	+232.7%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2023	34,937	678	1,323	613	25.8	0	Apr 14, 2023	J-GAAP
Feb, 2024	49,781	2,391	3,014	1,032	43.6	0	Apr 15, 2024	J-GAAP
Feb, 2025 Guidance	58,215	2,744	2,671	1,504	63.1	0	Dec 9, 2024	J-GAAP
YoY	+16.9%	+14.8%	-11.4%	+45.7%	+44.8%