Concordia Financial, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 67%

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Wed Feb 5, 2025 3:30 pm JST Earnings

7186 Concordia Financial Group, Ltd. 【J-GAAP】

Earnings Report

Concordia Financial Group, Ltd. <7186> [TSE Prime] announced its financial results after the market closed on February 5th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) expanded 93.3 billion yen, an increase 67.2% compared to the same period last year. The progress rate toward the full-year plan of 120 billion yen was 77.8%, it was below the five-year average of 91.8%.

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 grow 25.8% from the same period last year, reaching 26.6 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 22.9% from the same period last year, reaching 29.1 billion yen.

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	227,967	ー	66,773	45,782	38.6	83.6	Feb 3, 2023	J-GAAP
Apr - Dec, 2023	261,689	ー	55,797	53,918	46.0	72.5	Feb 5, 2024	J-GAAP
Apr - Dec, 2024	288,902	ー	93,320	62,758	54.1	77.8	Feb 5, 2025	J-GAAP
YoY	+10.4%	－	+67.2%	+16.4%	+17.6%

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	180,558	ー	44,911	29,093	24.9	12	May 13, 2024	J-GAAP
Oct - Mar, 2024 Guidance	ー	ー	55,804	34,194	30.0	14	Nov 14, 2024	J-GAAP
YoY	－	－	+24.3%	+17.5%	+20.6%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	312,983	ー	79,870	56,159	47.4	19	May 12, 2023	J-GAAP
Mar, 2024	358,303	ー	77,004	66,931	57.2	23	May 13, 2024	J-GAAP
Mar, 2025 Guidance	ー	ー	120,000	78,500	68.8	27	Nov 14, 2024	J-GAAP
YoY	－	－	+55.8%	+17.3%	+20.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	83,944	ー	23,704	16,080	13.7	0.0	Feb 5, 2024	J-GAAP
Jan - Mar, 2024	96,614	ー	21,207	13,013	11.1	0.0	May 13, 2024	J-GAAP
Apr - Jun, 2024	92,624	ー	32,676	22,665	19.5	0.0	Aug 5, 2024	J-GAAP
Jul - Sep, 2024	97,645	ー	31,520	21,641	18.6	0.0	Nov 14, 2024	J-GAAP
Oct - Dec, 2024	98,633	ー	29,124	18,452	15.9	0.0	Feb 5, 2025	J-GAAP
YoY	+17.5%	－	+22.9%	+14.8%	+16.0%