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Orient, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 16%, Oct-Dec Ordinary Profit Decreases by 69%

Fri Jan 31, 2025 3:30 pm JST Earnings

8585 Orient Corporation 【J-GAAP】

Earnings Report

Orient Corporation <8585> [TSE Prime] announced its financial results after the market closed on January 31st (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 15.8% from the same period last year to 8.45 billion yen. The progress rate toward the full-year plan of 12 billion yen was 70.5%, also falling below the five-year average of 74.5%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to drop 41.6% from the same period last year to 3.54 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit significantly dropped to 1.28 billion yen, a 69.0% decrease compared to the same period last year. The operating profit margin drastically worsened from 7.3% in the same period last year to 2.2%.

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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 168,089 16,350 16,350 12,381 72.1 70.9 Jan 31, 2023 J-GAAP
Apr - Dec, 2023 168,637 10,047 10,047 11,571 67.5 62.3 Jan 31, 2024 J-GAAP
Apr - Dec, 2024 182,495 8,457 8,457 10,245 59.9 70.5 Jan 31, 2025 J-GAAP
YoY +8.2% -15.8% -15.8% -11.5% -11.3%

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 116,864 10,213 10,213 2,445 14.3 40 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 126,036 4,826 4,826 8,262 48.3 40 Oct 31, 2024 J-GAAP
YoY +7.8% -52.7% -52.7% +237.9% +238.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 227,693 23,070 23,070 19,035 110.9 40 May 12, 2023 J-GAAP
Mar, 2024 229,054 16,118 16,118 12,571 73.3 40 May 10, 2024 J-GAAP
Mar, 2025 Guidance 249,500 12,000 12,000 12,000 70.1 40 Oct 31, 2024 J-GAAP
YoY +8.9% -25.5% -25.5% -4.5% -4.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 56,447 4,142 4,142 1,445 8.4 7.3 Jan 31, 2024 J-GAAP
Jan - Mar, 2024 60,417 6,071 6,071 1,000 5.8 10.0 May 10, 2024 J-GAAP
Apr - Jun, 2024 62,679 4,703 4,703 2,841 16.6 7.5 Jul 31, 2024 J-GAAP
Jul - Sep, 2024 60,785 2,471 2,471 897 5.2 4.1 Oct 31, 2024 J-GAAP
Oct - Dec, 2024 59,031 1,283 1,283 6,507 38.0 2.2 Jan 31, 2025 J-GAAP
YoY +4.6% -69.0% -69.0% +350.3% +350.9%

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