kabutan

Smaregi, First Half Ordinary Profit Increases by 42%, Current Fiscal Year Dividend Revised to 15 yen

Fri Dec 13, 2024 4:00 pm JST Earnings

4431 Smaregi,Inc. 【J-GAAP】

Earnings Report

Smaregi,Inc. <4431> [TSE Growth] announced its financial results after the market closed on December 13th (16:00). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending April 2025 (May to October) expanded 1.18 billion yen, an increase 41.8% compared to the same period last year. The progress rate toward the full-year plan of 2.03 billion yen was 58.2%, also surpassing the five-year average of 55.1%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the November to April period (second half) is expected to decrease 1.4% from the same period last year to 849 million yen.

At the same time, the company, which had previously planned no dividend for the current fiscal year, has decided to implement a year-end lump-sum dividend of 15 yen (compared to no dividend in the prior term).

In the most recent three-month period, from August to October (2Q), the ordinary profit increased 37.4% from the same period last year, reaching 584 million yen. The operating profit margin rose from 20.0% in the same period last year to 22.7%.

Kabutan News

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 2,641 391 394 500 26.0 44.0 Dec 14, 2022 J-GAAP
May - Oct, 2023 3,947 835 835 558 29.2 49.2 Dec 13, 2023 J-GAAP
May - Oct, 2024 5,152 1,195 1,184 792 41.2 58.2 Dec 13, 2024 J-GAAP
YoY +30.5% +43.1% +41.8% +41.9% +41.3%

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 ー ー ー ー － 0 Jun 13, 2024 J-GAAP
May - Oct, 2024 Results 5,152 1,195 1,184 792 41.2 0 Dec 13, 2024 J-GAAP
Revision Rate － － － － －

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr, 2025 Prev 10,688 2,033 2,033 1,414 73.4 0 Jun 13, 2024 J-GAAP
Apr, 2025 New 10,688 2,033 2,033 1,414 73.4 15 Dec 13, 2024 J-GAAP
Revision Rate 0.0% 0.0% 0.0% 0.0% 0.0%

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 4,438 900 861 654 34.1 0 Jun 13, 2024 J-GAAP
Nov - Apr, 2024 Guidance 5,536 838 849 622 32.3 15 Dec 13, 2024 J-GAAP
YoY +24.7% -6.9% -1.4% -4.9% -5.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr, 2023 5,914 893 896 887 46.3 0 Jun 13, 2023 J-GAAP
Apr, 2024 8,385 1,735 1,696 1,212 63.2 0 Jun 13, 2024 J-GAAP
Apr, 2025 Guidance 10,688 2,033 2,033 1,414 73.4 15 Dec 13, 2024 J-GAAP
YoY +27.5% +17.2% +19.9% +16.7% +16.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Aug - Oct, 2023 2,123 425 425 284 14.8 20.0 Dec 13, 2023 J-GAAP
Nov - Jan, 2023 2,096 448 445 319 16.6 21.4 Mar 15, 2024 J-GAAP
Feb - Apr, 2024 2,342 452 416 335 17.5 19.3 Jun 13, 2024 J-GAAP
May - Jul, 2024 2,531 601 600 396 20.6 23.7 Sep 12, 2024 J-GAAP
Aug - Oct, 2024 2,621 594 584 396 20.6 22.7 Dec 13, 2024 J-GAAP
YoY +23.5% +39.8% +37.4% +39.4% +38.8%

Related Articles