ONDECK, 40% Decrease in Ordinary Profit for The Current Fiscal Year

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Fri Jan 10, 2025 3:30 pm JST Earnings

7360 ONDECK Co., Ltd. 【J-GAAP】

Earnings Report

ONDECK Co., Ltd. <7360> [TSE Growth] announced its financial results after the market closed on January 10th (15:30). The ordinary profit/loss (non-consolidated) for the fiscal year ending November 2024 turned into a profit of 367 million yen (compared to a loss of 199 million yen in the previous period). In the fiscal year ending November 2025, the ordinary profit is expected to drop by 39.8% from the previous period to 221 million yen.

In the most recent three-month period, from September to November (4Q), the ordinary profit surged 14 times that of the same period last year, reaching 341 million yen. The operating profit margin drastically improved from 6.9% in the same period last year to 41.0%.

Kabutan News

Actual Results

Historical Performance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Nov, 2022	1,339	213	213	151	52.8	0	Jan 13, 2023	J-GAAP
Nov, 2023	826	-200	-199	-152	-55.0	0	Jan 12, 2024	J-GAAP
Nov, 2024	1,665	367	367	239	91.5	0	Jan 10, 2025	J-GAAP
YoY	+101.6%	－	－	－	－

Full Year Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Nov, 2024 Guidance	1,665	367	367	239	91.7	0	Dec 17, 2024	J-GAAP
Nov, 2024 Results	1,665	367	367	239	91.5	0	Jan 10, 2025	J-GAAP
Revision Rate	0.0%	0.0%	0.0%	0.0%	-0.3%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec - May, 2023	603	62	63	42	16.4	0	Jul 12, 2024	J-GAAP
Dec - May, 2024 Guidance	ー	ー	ー	ー	－	0	Jan 10, 2025	J-GAAP
YoY	－	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Nov, 2023	826	-200	-199	-152	-55.0	0	Jan 12, 2024	J-GAAP
Nov, 2024	1,665	367	367	239	91.5	0	Jan 10, 2025	J-GAAP
Nov, 2025 Guidance	1,527	220	221	150	57.4	0	Jan 10, 2025	J-GAAP
YoY	-8.3%	-40.1%	-39.8%	-37.2%	-37.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Sep - Nov, 2023	333	23	25	1	0.4	6.9	Jan 12, 2024	J-GAAP
Dec - Feb, 2023	287	35	35	24	9.3	12.2	Apr 10, 2024	J-GAAP
Mar - May, 2024	316	27	28	18	7.0	8.5	Jul 12, 2024	J-GAAP
Jun - Aug, 2024	230	-36	-37	-24	-9.2	-15.7	Oct 10, 2024	J-GAAP
Sep - Nov, 2024	832	341	341	221	84.6	41.0	Jan 10, 2025	J-GAAP
YoY	+149.8%	+1,382.6%	+1,264.0%	+22,000.0%	+23,397.2%