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COMO, Oct-Dec (3Q) Ordinary Profit Decreases by 92%

Mon Feb 10, 2025 3:30 pm JST Earnings

2224 COMO CO.,LTD. 【J-GAAP】

Earnings Report

COMO CO.,LTD. <2224> [TSE Std] announced its financial results after the market closed on February 10th (15:30). The consolidated ordinary profit/loss for the cumulative third quarter of the fiscal year ending March 2025 (April to December) turned into a profit of 102 million yen (compared to a loss of 8 million yen in the same period last year). However, the progress rate toward the full-year plan of 160 million yen was 63.8%, also falling below the five-year average of 96.4%.

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 drop 40.2% from the same period last year to 58 million yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit significantly dropped to 5 million yen, a 91.8% decrease compared to the same period last year. The operating profit margin drastically worsened from 3.2% in the same period last year to 0.2%.

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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 5,332 81 84 48 14.0 168.0 Feb 13, 2023 J-GAAP
Apr - Dec, 2023 5,437 -14 -8 -28 -8.3 ー Feb 13, 2024 J-GAAP
Apr - Dec, 2024 5,425 97 102 63 18.2 63.7 Feb 10, 2025 J-GAAP
YoY -0.2% － － － －

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 3,726 155 158 103 29.7 7 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance 3,505 64 63 40 11.5 7 Nov 11, 2024 J-GAAP
YoY -5.9% -58.7% -60.1% -61.2% -61.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 7,040 46 50 30 8.8 7 May 15, 2023 J-GAAP
Mar, 2024 7,309 81 89 42 12.1 7 May 13, 2024 J-GAAP
Mar, 2025 Guidance 7,200 157 160 100 28.8 7 May 13, 2024 J-GAAP
YoY -1.5% +93.8% +79.8% +138.1% +137.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 1,854 60 61 33 9.8 3.2 Feb 13, 2024 J-GAAP
Jan - Mar, 2024 1,872 95 97 70 20.2 5.1 May 13, 2024 J-GAAP
Apr - Jun, 2024 1,924 48 49 26 7.5 2.5 Aug 8, 2024 J-GAAP
Jul - Sep, 2024 1,771 45 48 34 9.9 2.5 Nov 11, 2024 J-GAAP
Oct - Dec, 2024 1,730 4 5 3 0.9 0.2 Feb 10, 2025 J-GAAP
YoY -6.7% -93.3% -91.8% -90.9% -91.1%

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