Olympic Group, The Current Fiscal Year Ordinary Profit Revised Downward by 71%

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 Jan 10, 2025 5:00 pm JST Earnings

8289 Olympic Group Corporation 【J-GAAP】

Earnings Report

Olympic Group Corporation <8289> [TSE Std] announced its financial results after the market closed on January 10th (17:00). The consolidated ordinary loss for the cumulative third quarter of the fiscal year ending February 2025 (March to November) expanded to a loss of 0.19 billion yen (compared to a loss of 0.04 billion yen in the same period last year).

In addition, the full-year consolidated ordinary profit has decreased 71.4%, from the previous forecast of 1.05 billion yen to 0.3 billion yen (compared to 0.05 billion yen in the previous period), leading to a reduction in the profit growth rate from 21 times to 5.9 times.

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 79.1%, from the previous forecast of 0.94 billion yen to 0.19 billion yen (compared to a loss of 0.11 billion yen in the same period of the previous year).

In the most recent three-month period, from September to November (3Q), the consolidated ordinary loss expanded to a loss of 0.29 billion yen (compared to a loss of 0.21 billion yen in the same period last year). The operating profit/loss margin remained almost flat, changing from -0.7% in the same period last year to -0.9%.

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	69,118	23	-81	-29	-1.3	ー	Jan 12, 2023	J-GAAP
Mar - Nov, 2023	67,723	107	-46	-86	-3.8	ー	Jan 12, 2024	J-GAAP
Mar - Nov, 2024	73,856	15	-195	-316	-13.8	ー	Jan 10, 2025	J-GAAP
YoY	+9.1%	-86.0%	-323.9%	-267.4%	-266.5%

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	52,099	1,109	948	494	21.5	20	Oct 11, 2024	J-GAAP
Sep - Feb, 2024 New	50,099	359	198	144	6.3	20	Jan 10, 2025	J-GAAP
Revision Rate	-3.8%	-67.6%	-79.1%	-70.9%	-70.9%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2025 Prev	102,000	1,350	1,050	500	21.8	20	Oct 11, 2024	J-GAAP
Feb, 2025 New	100,000	600	300	150	6.5	20	Jan 10, 2025	J-GAAP
Revision Rate	-2.0%	-55.6%	-71.4%	-70.0%	-70.0%

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	45,125	-73	-113	-638	-27.8	20	Apr 12, 2024	J-GAAP
Sep - Feb, 2024 Guidance	50,099	359	198	144	6.3	20	Jan 10, 2025	J-GAAP
YoY	+11.0%	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2023	91,983	315	156	108	4.7	20	Apr 13, 2023	J-GAAP
Feb, 2024	90,937	190	51	-477	-20.8	20	Apr 12, 2024	J-GAAP
Feb, 2025 Guidance	100,000	600	300	150	6.5	20	Jan 10, 2025	J-GAAP
YoY	+10.0%	+215.8%	+488.2%	－	－

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Sep - Nov, 2023	21,911	-156	-210	-247	-10.8	-0.7	Jan 12, 2024	J-GAAP
Dec - Feb, 2023	23,214	83	97	-391	-17.0	0.4	Apr 12, 2024	J-GAAP
Mar - May, 2024	24,582	159	90	19	0.9	0.6	Jul 12, 2024	J-GAAP
Jun - Aug, 2024	25,319	82	12	-13	-0.6	0.3	Oct 11, 2024	J-GAAP
Sep - Nov, 2024	23,955	-226	-297	-322	-14.0	-0.9	Jan 10, 2025	J-GAAP
YoY	+9.3%	-44.9%	-41.4%	-30.4%	-30.0%