kabutan

CENTRAL SPORTS, The Current Fiscal Year Ordinary Profit Revised Downward to an Unexpected 22% Decrease

Fri Feb 7, 2025 4:00 pm JST Earnings

4801 CENTRAL SPORTS Co.,LTD. 【J-GAAP】

Earnings Report

CENTRAL SPORTS Co.,LTD. <4801> [TSE Prime] announced its financial results after the market closed on February 7th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) dropped 41.9% from the same period last year to 1.03 billion yen.

In addition, the full-year consolidated ordinary profit has decreased 37.7%, from the previous forecast of 2.73 billion yen to 1.7 billion yen (compared to 2.18 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 22.1% decrease in profit.

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 45.6%, from the previous forecast of 2.26 billion yen to 1.23 billion yen (compared to 0.95 billion yen in the same period of the previous year), leading to a reduction in the profit growth rate from 2.4 times to 29.5%.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit amounted to 0.56 billion yen, an increase of 2.7% compared to the same period last year. However, the operating profit margin worsened from 5.7% in the same period last year to 5.3%.

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 32,473 1,221 848 447 40.0 63.0 Feb 6, 2023 J-GAAP
Apr - Dec, 2023 33,995 2,120 1,781 1,133 101.2 81.7 Feb 7, 2024 J-GAAP
Apr - Dec, 2024 34,924 1,312 1,035 1,276 113.9 60.9 Feb 7, 2025 J-GAAP
YoY +2.7% -38.1% -41.9% +12.6% +12.5%

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 25,500 2,541 2,260 718 64.1 25 Nov 7, 2024 J-GAAP
Oct - Mar, 2024 New 25,500 1,411 1,230 718 64.1 25 Feb 7, 2025 J-GAAP
Revision Rate 0.0% -44.5% -45.6% 0.0% 0.0%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 48,600 3,230 2,730 1,620 144.6 50 May 13, 2024 J-GAAP
Mar, 2025 New 48,600 2,100 1,700 1,620 144.6 50 Feb 7, 2025 J-GAAP
Revision Rate 0.0% -35.0% -37.7% 0.0% 0.0%

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 22,783 1,180 950 393 35.1 18 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance 25,500 1,411 1,230 718 64.1 25 Feb 7, 2025 J-GAAP
YoY +11.9% +19.6% +29.5% +82.7% +82.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 43,602 1,850 1,346 793 70.9 31 May 12, 2023 J-GAAP
Mar, 2024 45,379 2,653 2,181 1,160 103.6 36 May 13, 2024 J-GAAP
Mar, 2025 Guidance 48,600 2,100 1,700 1,620 144.6 50 Feb 7, 2025 J-GAAP
YoY +7.1% -20.8% -22.1% +39.7% +39.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 11,399 647 550 366 32.7 5.7 Feb 7, 2024 J-GAAP
Jan - Mar, 2024 11,384 533 400 27 2.4 4.7 May 13, 2024 J-GAAP
Apr - Jun, 2024 11,084 287 175 767 68.6 2.6 Aug 7, 2024 J-GAAP
Jul - Sep, 2024 12,016 402 295 135 12.1 3.3 Nov 7, 2024 J-GAAP
Oct - Dec, 2024 11,824 623 565 374 33.4 5.3 Feb 7, 2025 J-GAAP
YoY +3.7% -3.7% +2.7% +2.2% +2.1%

Related Articles