YE DIGITAL, Mar-Nov (Cumulative 3Q) Ordinary Profit Decreases by 21%, Sep-Nov Ordinary Profit Decreases by 70%

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Tue Dec 24, 2024 4:00 pm JST Earnings

2354 YE DIGITAL Corporation 【J-GAAP】

Earnings Report

YE DIGITAL Corporation <2354> [TSE Std] announced its financial results after the market closed on December 24th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending February 2025 (March to November) decreased 20.8% from the same period last year to 1.01 billion yen. The progress rate toward the full-year plan of 1.85 billion yen was 54.6%, also falling below the five-year average of 58.4%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the December to February period (4Q) is expected to surge 3.0 times that of the same period last year, reaching 840 million yen.

In the most recent three-month period, from September to November (3Q), the consolidated ordinary profit significantly dropped to 154 million yen, a 69.7% decrease compared to the same period last year. The operating profit margin drastically worsened from 9.6% in the same period last year to 3.4%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Mar - Nov, 2022	10,953	444	384	487	26.9	45.9	Dec 23, 2022	J-GAAP
Mar - Nov, 2023	14,851	1,205	1,275	789	43.6	81.8	Dec 22, 2023	J-GAAP
Mar - Nov, 2024	14,694	955	1,010	643	35.2	54.6	Dec 24, 2024	J-GAAP
YoY	-1.1%	-20.7%	-20.8%	-18.5%	-19.1%

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	9,755	773	792	619	34.1	7	Mar 29, 2024	J-GAAP
Sep - Feb, 2024 Guidance	10,219	1,003	994	641	35.0	10	Sep 30, 2024	J-GAAP
YoY	+4.8%	+29.8%	+25.5%	+3.6%	+2.5%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2023	16,151	909	836	783	43.2	10	Mar 30, 2023	J-GAAP
Feb, 2024	19,504	1,488	1,559	1,092	60.2	12	Mar 29, 2024	J-GAAP
Feb, 2025 Guidance	20,300	1,800	1,850	1,200	65.5	20	Aug 20, 2024	J-GAAP
YoY	+4.1%	+21.0%	+18.7%	+9.9%	+8.8%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Sep - Nov, 2023	5,102	490	508	316	17.4	9.6	Dec 22, 2023	J-GAAP
Dec - Feb, 2023	4,653	283	284	303	16.7	6.1	Mar 29, 2024	J-GAAP
Mar - May, 2024	5,064	326	321	191	10.5	6.4	Jun 27, 2024	J-GAAP
Jun - Aug, 2024	5,017	471	535	368	20.2	9.4	Sep 30, 2024	J-GAAP
Sep - Nov, 2024	4,613	158	154	84	4.6	3.4	Dec 24, 2024	J-GAAP
YoY	-9.6%	-67.8%	-69.7%	-73.4%	-73.6%