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Otsuka, Last Fiscal Year Net Income Revised Upward by 43%, Exceeded Record Profit Forecast

Fri Feb 7, 2025 4:00 pm JST Revision

4578 Otsuka Holdings Co., Ltd. 【IFRS】

Guidance Update Report

Otsuka Holdings Co., Ltd. <4578> [TSE Prime] announced a performance revision after the market closed on February 7th (16:00). The consolidated net income for the fiscal year ending December 2024 has been revised upward 42.9%, from the previous forecast of 240 billion yen to 343 billion yen (compared to 121 billion yen in the previous period), increasing the growth rate from 97.3% to 2.8 times. The company has further increased its previous forecast of record profits for the first time in eleven years.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the July to December period (2H) consolidated net income is expected to increase 77.9%, from the previous forecast of 132 billion yen to 235 billion yen (compared to 19 billion yen in the same period of the previous year), increasing the growth rate from 7.0 times to 12 times.

Kabutan News

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2024 Prev 1,201,070 193,721 172,805 132,205 246.2 60 Oct 31, 2024 IFRS
Jul - Dec, 2024 New 1,211,070 196,721 192,805 235,205 434.4 60 Feb 7, 2025 IFRS
Revision Rate +0.8% +1.5% +11.6% +77.9% +76.5%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 Prev 2,310,000 320,000 315,000 240,000 446.9 120 Oct 31, 2024 IFRS
Dec, 2024 New 2,320,000 323,000 335,000 343,000 633.5 120 Feb 7, 2025 IFRS
Revision Rate +0.4% +0.9% +6.3% +42.9% +41.8%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2023 1,071,031 8,922 3,822 19,022 35.1 60 Feb 14, 2024 IFRS
Jul - Dec, 2024 Guidance 1,211,070 196,721 192,805 235,205 434.4 60 Feb 7, 2025 IFRS
YoY +13.1% +2,104.9% +4,944.6% +1,136.5% +1,139.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 1,737,998 150,323 172,954 133,906 246.8 100 Feb 14, 2023 IFRS
Dec, 2023 2,018,568 139,612 142,655 121,616 224.1 110 Feb 14, 2024 IFRS
Dec, 2024 Guidance 2,320,000 323,000 335,000 343,000 633.5 120 Feb 7, 2025 IFRS
YoY +14.9% +131.4% +134.8% +182.0% +182.7%

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