PICKLES HOLDINGS, Mar-Nov (Cumulative 3Q) Ordinary Profit Decreases by 11%, Current Fiscal Year Dividend Revised Upward by 2 yen

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 3:50 pm JST Earnings

2935 PICKLES HOLDINGS CO.,LTD. 【J-GAAP】

Earnings Report

PICKLES HOLDINGS CO.,LTD. <2935> [TSE Prime] announced its financial results after the market closed on December 27th (15:50). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending February 2025 (March to November) decreased 11.0% from the same period last year to 1.37 billion yen. The progress rate toward the full-year plan of 1.78 billion yen was 77.2%, below the five-year average of 87.5%.

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 expand 78.9% from the same period last year, reaching 0.4 billion yen.

At the same time, the company has increased its planned annual dividend for the current fiscal year from the original plan of 24 yen to 26 yen (compared to 24 yen in the previous period).

In the most recent three-month period, from September to November (3Q), the consolidated ordinary profit grew 7.4% from the same period last year, reaching 0.2 billion yen. The operating profit margin remained almost flat, changing from 1.8% 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	31,206	1,407	1,490	978	76.1	90.3	Dec 27, 2022	J-GAAP
Mar - Nov, 2023	33,255	1,458	1,544	1,033	82.8	87.2	Dec 28, 2023	J-GAAP
Mar - Nov, 2024	31,778	1,312	1,374	921	74.1	77.2	Dec 27, 2024	J-GAAP
YoY	-4.4%	-10.0%	-11.0%	-10.8%	-10.5%

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep - Feb, 2024 Prev	21,806	583	609	402	32.3	12	Sep 30, 2024	J-GAAP
Sep - Feb, 2024 New	21,806	583	609	402	32.3	14	Dec 27, 2024	J-GAAP
Revision Rate	0.0%	0.0%	0.0%	0.0%	0.0%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2025 Prev	43,500	1,700	1,780	1,200	96.5	24	Apr 12, 2024	J-GAAP
Feb, 2025 New	43,500	1,700	1,780	1,200	96.5	26	Dec 27, 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
Sep - Feb, 2023	19,917	388	416	260	20.9	24	Apr 12, 2024	J-GAAP
Sep - Feb, 2024 Guidance	21,806	583	609	402	32.3	14	Dec 27, 2024	J-GAAP
YoY	+9.5%	+50.3%	+46.4%	+54.6%	+54.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2023	41,052	1,538	1,650	1,138	88.8	22	Apr 14, 2023	J-GAAP
Feb, 2024	43,028	1,668	1,771	1,175	94.3	24	Apr 12, 2024	J-GAAP
Feb, 2025 Guidance	43,500	1,700	1,780	1,200	96.5	26	Dec 27, 2024	J-GAAP
YoY	+1.1%	+1.9%	+0.5%	+2.1%	+2.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Sep - Nov, 2023	10,144	178	189	118	9.5	1.8	Dec 28, 2023	J-GAAP
Dec - Feb, 2023	9,773	210	227	142	11.4	2.1	Apr 12, 2024	J-GAAP
Mar - May, 2024	10,812	504	520	362	29.1	4.7	Jun 28, 2024	J-GAAP
Jun - Aug, 2024	10,882	613	651	436	35.1	5.6	Sep 30, 2024	J-GAAP
Sep - Nov, 2024	10,084	195	203	123	9.9	1.9	Dec 27, 2024	J-GAAP
YoY	-0.6%	+9.6%	+7.4%	+4.2%	+4.7%