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Premium Water, Apr-Dec (Cumulative 3Q) Net Income Increases by 30%, Oct-Dec Net Income Increases by 4%

Mon Feb 10, 2025 3:30 pm JST Earnings

2588 Premium Water Holdings,Inc. 【IFRS】

Earnings Report

Premium Water Holdings,Inc. <2588> [TSE Std] announced its financial results (based on IFRS) after the market closed on February 10th (15:30). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2025 (April to December) expanded 4.89 billion yen, an increase 30.3% compared to the same period last year. The progress rate toward the full-year plan of 5.5 billion yen was 89.1%, also surpassing the five-year average of 59.9%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income for the January to March period (4Q) is expected to significant drop 70.2% from the same period last year to 0.6 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated net income grew 3.6% from the same period last year, reaching 1.77 billion yen. However, the operating profit margin decreased from 16.5% in the same period last year to 15.7%.

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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 57,526 6,067 5,403 3,522 118.6 84.2 Feb 9, 2023 IFRS
Apr - Dec, 2023 62,016 7,249 6,329 3,760 127.1 78.8 Feb 8, 2024 IFRS
Apr - Dec, 2024 58,076 9,007 7,770 4,898 164.7 Feb 10, 2025 IFRS
YoY -6.4% +24.3% +22.8% +30.3% +29.5%

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 39,065 5,576 4,780 3,726 125.9 45 May 9, 2024 IFRS
Oct - Mar, 2024 Guidance 38,089 5,001 2,372 79.9 50 Nov 7, 2024 IFRS
YoY -2.5% -10.3% -36.3% -36.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 76,463 7,346 6,416 6,057 204.4 60 May 11, 2023 IFRS
Mar, 2024 80,578 9,436 8,028 5,777 195.2 80 May 9, 2024 IFRS
Mar, 2025 Guidance 77,000 11,000 5,500 185.3 95 Nov 7, 2024 IFRS
YoY -4.4% +16.6% -4.8% -5.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 20,503 3,389 3,081 1,709 57.8 16.5 Feb 8, 2024 IFRS
Jan - Mar, 2024 18,562 2,187 1,699 2,017 68.2 11.8 May 9, 2024 IFRS
Apr - Jun, 2024 18,794 2,927 2,431 1,432 48.1 15.6 Aug 8, 2024 IFRS
Jul - Sep, 2024 20,117 3,072 2,607 1,696 57.0 15.3 Nov 7, 2024 IFRS
Oct - Dec, 2024 19,165 3,008 2,732 1,770 59.5 15.7 Feb 10, 2025 IFRS
YoY -6.5% -11.2% -11.3% +3.6% +3.0%

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