CREEK & RIVER, The Current Fiscal Year Ordinary Profit Revised Downward to an Unexpected 6% Decrease, Dividend Revised down 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.

Thu Jan 9, 2025 3:30 pm JST Earnings

4763 CREEK & RIVER Co.,Ltd. 【J-GAAP】

Earnings Report

CREEK & RIVER Co.,Ltd. <4763> [TSE Prime] announced its financial results after the market closed on January 9th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending February 2025 (March to November) decreased 13.2% from the same period last year to 3.05 billion yen.

In addition, the full-year consolidated ordinary profit has decreased 18.8%, from the previous forecast of 4.8 billion yen to 3.9 billion yen (compared to 4.13 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 5.7% decrease in profit.

Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated ordinary profit for the September to February period (2H) has decreased 35.5%, from the previous forecast of 2.53 billion yen to 1.63 billion yen (compared to 1.51 billion yen in the same period of the previous year), leading to a reduction in the profit growth rate from 67.8% to 8.2%.

Due to a decline in performance, the company has reduced its planned year-end lump-sum dividend for the current fiscal year from the original plan of 43 yen to 41 yen (compared to 41 yen in the previous period).

In the most recent three-month period, from September to November (3Q), the consolidated ordinary profit decreased to 0.79 billion yen, a 11.6% decrease compared to the same period last year. The operating profit margin worsened from 7.0% in the same period last year to 6.4%.

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	33,224	3,320	3,349	2,382	107.0	83.7	Jan 11, 2023	J-GAAP
Mar - Nov, 2023	37,828	3,482	3,524	2,277	103.4	85.2	Jan 11, 2024	J-GAAP
Mar - Nov, 2024	38,102	2,986	3,059	2,031	94.9	78.4	Jan 9, 2025	J-GAAP
YoY	+0.7%	-14.2%	-13.2%	-10.8%	-8.2%

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	29,164	2,605	2,535	1,630	77.1	43	Oct 10, 2024	J-GAAP
Sep - Feb, 2024 New	24,664	1,655	1,635	1,030	48.7	41	Jan 9, 2025	J-GAAP
Revision Rate	-15.4%	-36.5%	-35.5%	-36.8%	-36.8%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2025 Prev	55,000	4,800	4,800	3,100	146.6	43	Apr 11, 2024	J-GAAP
Feb, 2025 New	50,500	3,850	3,900	2,500	118.2	41	Jan 9, 2025	J-GAAP
Revision Rate	-8.2%	-19.8%	-18.8%	-19.4%	-19.4%

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	24,543	1,501	1,511	940	42.7	41	Apr 11, 2024	J-GAAP
Sep - Feb, 2024 Guidance	24,664	1,655	1,635	1,030	48.7	41	Jan 9, 2025	J-GAAP
YoY	+0.5%	+10.3%	+8.2%	+9.6%	+14.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2023	44,121	3,956	4,002	2,899	130.5	27	Apr 6, 2023	J-GAAP
Feb, 2024	49,799	4,103	4,137	2,658	120.8	41	Apr 11, 2024	J-GAAP
Feb, 2025 Guidance	50,500	3,850	3,900	2,500	118.2	41	Jan 9, 2025	J-GAAP
YoY	+1.4%	-6.2%	-5.7%	-5.9%	-2.2%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Sep - Nov, 2023	12,572	880	898	559	25.4	7.0	Jan 11, 2024	J-GAAP
Dec - Feb, 2023	11,971	621	613	381	17.3	5.2	Apr 11, 2024	J-GAAP
Mar - May, 2024	12,854	1,261	1,277	860	39.7	9.8	Jul 9, 2024	J-GAAP
Jun - Aug, 2024	12,982	934	988	610	28.3	7.2	Oct 10, 2024	J-GAAP
Sep - Nov, 2024	12,266	791	794	561	26.2	6.4	Jan 9, 2025	J-GAAP
YoY	-2.4%	-10.1%	-11.6%	+0.4%	+3.3%