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CL Holdings, The Current Fiscal Year Net Income Revised Downward to an Unexpected 71% Decrease, Dividend Revised down by 22 yen

Tue Dec 10, 2024 3:30 pm JST Revision

4286 CL Holdings Inc. 【IFRS】

Guidance Update Report

CL Holdings Inc. <4286> [TSE Std] announced a revision to its performance and dividend after the market closed on December 10th (15:30). The consolidated net income for the fiscal year ending December 2024 has downwardly 83.3%, from the previous forecast of 900 million yen to 150 million yen (compared to 510 million yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 70.6% decrease in profit.

Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the July to December period (second half) consolidated net income has downwardly 94.3%, from the previous forecast of 795 million yen to 45 million yen (compared to 498 million yen in the same period of the previous year). This changes the outlook from an anticipated profit increase to a projection of a 91.0% decrease in profit.

Due to a decline in performance, the company has significantly reduced its planned year-end lump-sum dividend for the current fiscal year from the original plan of 27 yen to 5 yen (compared to 16 yen in the previous period).

Kabutan News

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2024 Prev 23,220 1,699 1,706 795 72.9 27 Aug 8, 2024 IFRS
Jul - Dec, 2024 New 20,720 299 306 45 4.1 5 Dec 10, 2024 IFRS
Revision Rate -10.8% -82.4% -82.1% -94.3% -94.3%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 Prev 41,500 1,700 1,700 900 82.6 27 Feb 14, 2024 IFRS
Dec, 2024 New 39,000 300 300 150 13.8 5 Dec 10, 2024 IFRS
Revision Rate -6.0% -82.4% -82.4% -83.3% -83.3%

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 20,809 1,037 1,030 498 49.2 16 Feb 14, 2024 IFRS
Jul - Dec, 2024 Guidance 20,720 299 306 45 4.1 5 Dec 10, 2024 IFRS
YoY -0.4% -71.2% -70.3% -91.0% -91.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 32,055 776 778 364 35.3 11 Feb 14, 2023 IFRS
Dec, 2023 36,344 1,079 1,073 510 50.4 16 Feb 14, 2024 IFRS
Dec, 2024 Guidance 39,000 300 300 150 13.8 5 Dec 10, 2024 IFRS
YoY +7.3% -72.2% -72.0% -70.6% -72.7%

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