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Miyakoshi Holdings, Oct-Dec (3Q) Ordinary Profit Increases by 14%

Fri Feb 7, 2025 2:00 pm JST Earnings

6620 Miyakoshi Holdings, Inc. 【J-GAAP】

Earnings Report

Miyakoshi Holdings, Inc. <6620> [TSE Prime] announced its financial results in the afternoon session on February 7th (14:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 13.1% from the same period last year to 510 million yen. However, the progress rate toward the full-year plan of 540 million yen was 94.4%, also surpassing the five-year average of 74.6%.

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 significant drop 83.5% from the same period last year to 30 million yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 13.8% from the same period last year, reaching 190 million yen. However, the operating profit margin significantly dropped from 41.7% in the same period last year to 25.2%.

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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 1,000 342 594 318 8.0 76.3 Feb 10, 2023 J-GAAP
Apr - Dec, 2023 855 350 587 388 9.7 76.3 Feb 9, 2024 J-GAAP
Apr - Dec, 2024 816 263 510 346 8.7 94.4 Feb 7, 2025 J-GAAP
YoY -4.6% -24.9% -13.1% -10.8% -10.7%

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 572 192 349 254 6.4 0 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 420 59 220 156 3.9 0 Nov 8, 2024 J-GAAP
YoY -26.6% -69.3% -37.0% -38.6% -38.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 1,319 466 779 501 12.5 0 May 12, 2023 J-GAAP
Mar, 2024 1,137 421 769 536 13.4 0 May 10, 2024 J-GAAP
Mar, 2025 Guidance 990 260 540 360 9.0 0 May 10, 2024 J-GAAP
YoY -12.9% -38.2% -29.8% -32.8% -32.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 290 121 167 106 2.7 41.7 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 282 71 182 148 3.7 25.2 May 10, 2024 J-GAAP
Apr - Jun, 2024 277 90 207 143 3.6 32.5 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 293 111 113 61 1.5 37.9 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 246 62 190 142 3.6 25.2 Feb 7, 2025 J-GAAP
YoY -15.2% -48.8% +13.8% +34.0% +34.0%

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