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GLOBAL FOOD CREATORS, The Current Fiscal Year Ordinary Profit Revised Downward by 32%, Postponed Dividend for This Fiscal Year

Thu Jan 30, 2025 4:30 pm JST Earnings

7559 GLOBAL FOOD CREATORS CO.,LTD. 【J-GAAP】

Earnings Report

GLOBAL FOOD CREATORS CO.,LTD. <7559> [TSE Std] announced its financial results after the market closed on January 30th (16:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 13.5% from the same period last year to 761 million yen.

In addition, the full-year consolidated ordinary profit has decreased 32.3%, from the previous forecast of 860 million yen to 582 million yen (compared to 869 million yen in the previous period), leading to an increase in the profit decline rate from 1.0% to 33.0%.

Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated ordinary profit for the October to March period (2H) has decreased 31.6%, from the previous forecast of 879 million yen to 601 million yen (compared to 873 million yen in the same period of the previous year). This changes the outlook from an anticipated profit increase to a projection of a 31.2% decrease in profit.

At the same time, In conjunction with a Tender Offer Bid (TOB), the company has decided to forgo the year-end lump-sum dividend of 23 yen for the current fiscal year.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 780 million yen, a 11.8% decrease compared to the same period last year. The operating profit margin worsened from 9.8% in the same period last year to 8.9%.

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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
Apr - Dec, 2022 17,393 702 748 484 87.6 109.0 Jan 30, 2023 J-GAAP
Apr - Dec, 2023 18,077 871 880 577 104.5 101.3 Jan 30, 2024 J-GAAP
Apr - Dec, 2024 18,224 710 761 475 86.0 130.8 Jan 30, 2025 J-GAAP
YoY +0.8% -18.5% -13.5% -17.7% -17.6%

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 Prev 14,459 883 879 606 109.6 23 Oct 30, 2024 J-GAAP
Oct - Mar, 2024 New 13,056 669 601 389 70.4 0 Jan 30, 2025 J-GAAP
Revision Rate -9.7% -24.2% -31.6% -35.8% -35.8%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 23,952 817 860 569 102.9 23 May 15, 2024 J-GAAP
Mar, 2025 New 22,549 603 582 352 63.7 0 Jan 30, 2025 J-GAAP
Revision Rate -5.9% -26.2% -32.3% -38.1% -38.1%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 12,785 856 873 612 110.7 23 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 13,056 669 601 389 70.4 0 Jan 30, 2025 J-GAAP
YoY +2.1% -21.8% -31.2% -36.4% -36.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 21,297 657 686 455 82.3 23 May 15, 2023 J-GAAP
Mar, 2024 21,919 850 869 599 108.4 23 May 15, 2024 J-GAAP
Mar, 2025 Guidance 22,549 603 582 352 63.7 0 Jan 30, 2025 J-GAAP
YoY +2.9% -29.1% -33.0% -41.2% -41.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 8,943 877 884 590 106.8 9.8 Jan 30, 2024 J-GAAP
Jan - Mar, 2024 3,842 -21 -11 22 4.0 -0.5 May 15, 2024 J-GAAP
Apr - Jun, 2024 4,449 -79 -64 -66 -12.1 -1.8 Jul 30, 2024 J-GAAP
Jul - Sep, 2024 5,044 13 45 29 5.3 0.3 Oct 30, 2024 J-GAAP
Oct - Dec, 2024 8,731 776 780 512 92.7 8.9 Jan 30, 2025 J-GAAP
YoY -2.4% -11.5% -11.8% -13.2% -13.2%

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