WealthNavi, The Current Fiscal Year Operating Profit Revised Upward by 52%

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Wed Dec 25, 2024 3:30 pm JST Revision

7342 WealthNavi Inc. 【J-GAAP】

Guidance Update Report

WealthNavi Inc. <7342> [TSE Growth] announced a performance revision after the market closed on December 25th (15:30). The operating profit (non-consolidated) for the fiscal year ending December 2024 has been revised upward 52.4%, from the previous forecast of 531 million yen to 809 million yen (compared to 524 million yen in the previous period), increasing the growth rate from 1.3% to 54.4%.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the July to December period (2H) operating profit is expected to increase 2.6 times, from the previous forecast of 177 million yen to 455 million yen (compared to 335 million yen in the same period of the previous year), turning to a 35.8% increase in the operating profit outlook.

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	5,964	177	ー	ー	－	0	Aug 9, 2024	J-GAAP
Jul - Dec, 2024 New	5,926	455	ー	ー	－	0	Dec 25, 2024	J-GAAP
Revision Rate	-0.6%	+157.1%	－	－	－

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2024 Prev	11,187	531	ー	ー	－	0	Aug 9, 2024	J-GAAP
Dec, 2024 New	11,149	809	ー	ー	－	0	Dec 25, 2024	J-GAAP
Revision Rate	-0.3%	+52.4%	－	－	－

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	4,457	335	331	218	4.5	0	Feb 14, 2024	J-GAAP
Jul - Dec, 2024 Guidance	5,926	455	ー	ー	－	0	Dec 25, 2024	J-GAAP
YoY	+33.0%	+35.8%	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	6,573	209	214	289	6.1	0	Feb 10, 2023	J-GAAP
Dec, 2023	8,167	523	519	375	7.7	0	Feb 14, 2024	J-GAAP
Dec, 2024 Guidance	11,149	809	ー	ー	－	0	Dec 25, 2024	J-GAAP
YoY	+36.5%	+54.7%	－	－	－