PALEMO HOLDINGS, Mar-Nov (Cumulative 3Q) Ordinary Profit Decreases by 63%, Sep-Nov Ordinary Profit Loss Widens

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.

Fri Dec 27, 2024 3:30 pm JST Earnings

2778 PALEMO HOLDINGS CO.,LTD. 【J-GAAP】

Earnings Report

PALEMO HOLDINGS CO.,LTD. <2778> [TSE Std] announced its financial results after the market closed on December 27th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending February 2025 (March to November) significantly dropped 62.7% from the same period last year to 144 million yen. The progress rate toward the full-year plan of 305 million yen was 47.2%, also falling below the five-year average of 96.0%.

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/loss for the December to February period (4Q) is expected to turn into a profit of 161 million yen (compared to a loss of 50 million yen in the same period last year).

In the most recent three-month period, from September to November (3Q), the consolidated ordinary loss expanded to a loss of 105 million yen (compared to a loss of 51 million yen in the same period last year). The operating profit/loss margin worsened from -1.5% in the same period last year to -1.9%.

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	13,280	442	497	422	35.2	85.7	Dec 27, 2022	J-GAAP
Mar - Nov, 2023	12,024	399	386	584	48.6	114.9	Dec 26, 2023	J-GAAP
Mar - Nov, 2024	11,236	196	144	37	3.1	47.2	Dec 27, 2024	J-GAAP
YoY	-6.6%	-50.9%	-62.7%	-93.7%	-93.7%

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	7,529	-92	-101	-97	-8.1	0	Mar 29, 2024	J-GAAP
Sep - Feb, 2024 Guidance	7,536	103	56	70	5.8	0	Sep 17, 2024	J-GAAP
YoY	+0.1%	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2023	17,513	527	580	562	46.8	0	Mar 31, 2023	J-GAAP
Feb, 2024	15,941	362	336	411	34.2	0	Mar 29, 2024	J-GAAP
Feb, 2025 Guidance	15,370	365	305	175	14.6	0	Sep 17, 2024	J-GAAP
YoY	-3.6%	+0.8%	-9.2%	-57.4%	-57.5%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Sep - Nov, 2023	3,612	-55	-51	76	6.3	-1.5	Dec 26, 2023	J-GAAP
Dec - Feb, 2023	3,917	-37	-50	-173	-14.4	-0.9	Mar 29, 2024	J-GAAP
Mar - May, 2024	3,803	78	71	72	6.0	2.1	Jun 28, 2024	J-GAAP
Jun - Aug, 2024	4,031	184	178	33	2.8	4.6	Sep 27, 2024	J-GAAP
Sep - Nov, 2024	3,402	-66	-105	-68	-5.7	-1.9	Dec 27, 2024	J-GAAP
YoY	-5.8%	-20.0%	-105.9%	－	－