FLYING GARDEN, Oct-Dec (3Q) Ordinary Profit Increases by 10%

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.

Mon Feb 3, 2025 3:30 pm JST Earnings

3317 FLYING GARDEN CO., LTD 【J-GAAP】

Earnings Report

FLYING GARDEN CO., LTD <3317> [TSE Std] announced its financial results after the market closed on February 3rd (15:30). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 17.7% from the same period last year to 404 million yen. However, the progress rate toward the full-year plan of 490 million yen was 82.4%, also surpassing the five-year average of 79.7%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the January to March period (4Q) is expected to grow 1.2% from the same period last year, reaching 86 million yen.

In the most recent three-month period, from October to December (3Q), the ordinary profit grew 9.8% from the same period last year, reaching 134 million yen. However, the operating profit margin remained almost flat, changing from 5.9% in the same period last year to 5.9%.

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
Apr - Dec, 2022	5,344	358	472	303	210.0	82.7	Feb 6, 2023	J-GAAP
Apr - Dec, 2023	5,806	474	491	350	242.7	85.2	Feb 5, 2024	J-GAAP
Apr - Dec, 2024	6,074	379	404	242	168.0	82.4	Feb 3, 2025	J-GAAP
YoY	+4.6%	-20.0%	-17.7%	-30.9%	-30.8%

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	3,918	191	207	130	90.1	30	May 7, 2024	J-GAAP
Oct - Mar, 2024 Guidance	4,076	222	220	178	123.2	30	Nov 5, 2024	J-GAAP
YoY	+4.0%	+16.2%	+6.3%	+36.9%	+36.8%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	7,236	449	571	291	201.9	25	May 8, 2023	J-GAAP
Mar, 2024	7,785	550	576	396	274.3	30	May 7, 2024	J-GAAP
Mar, 2025 Guidance	8,100	480	490	340	235.3	30	May 7, 2024	J-GAAP
YoY	+4.0%	-12.7%	-14.9%	-14.1%	-14.2%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	1,939	115	122	84	58.3	5.9	Feb 5, 2024	J-GAAP
Jan - Mar, 2024	1,979	76	85	46	31.9	3.8	May 7, 2024	J-GAAP
Apr - Jun, 2024	1,922	104	110	64	44.4	5.4	Aug 5, 2024	J-GAAP
Jul - Sep, 2024	2,102	154	160	98	68.0	7.3	Nov 5, 2024	J-GAAP
Oct - Dec, 2024	2,050	121	134	80	55.6	5.9	Feb 3, 2025	J-GAAP
YoY	+5.7%	+5.2%	+9.8%	-4.8%	-4.6%