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DAIKOKUTENBUSSAN, First Half Ordinary Profit Increases by 20%, Sep-Nov Ordinary Profit Increases by 8%

Tue Jan 14, 2025 3:30 pm JST Earnings

2791 DAIKOKUTENBUSSAN CO.,LTD. 【J-GAAP】

Earnings Report

DAIKOKUTENBUSSAN CO.,LTD. <2791> [TSE Prime] announced its financial results after the market closed on January 14th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending May 2025 (June to November) increased 20.1% from the same period last year, reaching 4.86 billion yen. The progress rate toward the full-year plan of 10.7 billion yen was 45.5%, exceeding the five-year average of 40.1%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the December to May period (2H) is expected to grow 6.2% from the same period last year, reaching 5.83 billion yen.

In the most recent three-month period, from September to November (2Q), the consolidated ordinary profit grew 7.6% from the same period last year, reaching 2.18 billion yen. However, the operating profit margin remained almost flat, changing from 3.0% in the same period last year to 2.9%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jun - Nov, 2022 116,776 1,073 1,332 771 55.4 27.5 Jan 12, 2023 J-GAAP
Jun - Nov, 2023 131,787 3,955 4,052 2,488 178.7 42.5 Jan 11, 2024 J-GAAP
Jun - Nov, 2024 142,162 4,663 4,868 3,028 217.1 45.5 Jan 14, 2025 J-GAAP
YoY +7.9% +17.9% +20.1% +21.7% +21.5%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun - Nov, 2024 Guidance 140,600 4,500 4,700 2,800 200.7 0 Jul 11, 2024 J-GAAP
Jun - Nov, 2024 Results 142,162 4,663 4,868 3,028 217.1 0 Jan 14, 2025 J-GAAP
Revision Rate +1.1% +3.6% +3.6% +8.1% +8.2%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec - May, 2023 138,290 5,397 5,491 3,818 274.1 33 Jul 11, 2024 J-GAAP
Dec - May, 2024 Guidance 150,238 5,837 5,832 3,372 243.5 33 Jan 14, 2025 J-GAAP
YoY +8.6% +8.2% +6.2% -11.7% -11.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
May, 2023 242,243 4,497 4,844 3,116 223.7 29 Jul 6, 2023 J-GAAP
May, 2024 270,077 9,352 9,543 6,306 452.6 33 Jul 11, 2024 J-GAAP
May, 2025 Guidance 292,400 10,500 10,700 6,400 462.1 33 Jul 11, 2024 J-GAAP
YoY +8.3% +12.3% +12.1% +1.5% +2.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Sep - Nov, 2023 65,326 1,987 2,034 1,250 89.8 3.0 Jan 11, 2024 J-GAAP
Dec - Feb, 2023 68,349 2,678 2,718 1,702 122.2 3.9 Apr 11, 2024 J-GAAP
Mar - May, 2024 69,941 2,719 2,773 2,116 151.9 3.9 Jul 11, 2024 J-GAAP
Jun - Aug, 2024 72,609 2,643 2,679 1,736 124.5 3.6 Oct 10, 2024 J-GAAP
Sep - Nov, 2024 69,553 2,020 2,189 1,292 92.6 2.9 Jan 14, 2025 J-GAAP
YoY +6.5% +1.7% +7.6% +3.4% +3.2%

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