BANNERS, The Current Fiscal Year Ordinary Profit Revised Upward to an Unexpected 16% Increase

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Thu Feb 13, 2025 3:30 pm JST Earnings

3011 BANNERS CO.,LTD. 【J-GAAP】

Earnings Report

BANNERS CO.,LTD. <3011> [TSE Std] announced its financial results after the market closed on February 13th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) expanded 224 million yen, an increase 51.4% compared to the same period last year.

In addition, the full-year consolidated ordinary profit has been revised upward 17.6%, from the previous forecast of 238 million yen to 280 million yen (compared to 242 million yen in the previous period), turning to a 15.7% increase in the consolidated ordinary profit outlook.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (2H) has been revised upward 43.3%, from the previous forecast of 97 million yen to 139 million yen (compared to 154 million yen in the same period of the previous year), and the declining rate is expected to decrease from 37.0% to 9.7%.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 38.3% from the same period last year, reaching 83 million yen. The operating profit margin improved from 5.1% in the same period last year to 5.6%.

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	3,107	127	113	90	5.7	58.9	Feb 9, 2023	J-GAAP
Apr - Dec, 2023	3,340	167	148	111	7.3	61.2	Feb 8, 2024	J-GAAP
Apr - Dec, 2024	4,106	243	224	167	11.0	80.0	Feb 13, 2025	J-GAAP
YoY	+22.9%	+45.5%	+51.4%	+50.5%	+50.5%

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	2,282	112	97	80	5.2	5	Nov 12, 2024	J-GAAP
Oct - Mar, 2024 New	3,138	154	139	110	7.2	5	Feb 13, 2025	J-GAAP
Revision Rate	+37.5%	+37.5%	+43.3%	+37.5%	+37.5%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	4,784	265	238	185	12.1	5	May 14, 2024	J-GAAP
Mar, 2025 New	5,640	307	280	215	14.0	5	Feb 13, 2025	J-GAAP
Revision Rate	+17.9%	+15.8%	+17.6%	+16.2%	+16.2%

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	2,647	172	154	118	7.7	4	May 14, 2024	J-GAAP
Oct - Mar, 2024 Guidance	3,138	154	139	110	7.2	5	Feb 13, 2025	J-GAAP
YoY	+18.5%	-10.5%	-9.7%	-6.8%	-6.5%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	4,335	212	192	155	9.8	4	May 11, 2023	J-GAAP
Mar, 2024	4,684	272	242	184	12.0	4	May 14, 2024	J-GAAP
Mar, 2025 Guidance	5,640	307	280	215	14.0	5	Feb 13, 2025	J-GAAP
YoY	+20.4%	+12.9%	+15.7%	+16.8%	+17.2%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	1,303	67	60	45	3.0	5.1	Feb 8, 2024	J-GAAP
Jan - Mar, 2024	1,344	105	94	73	4.8	7.8	May 14, 2024	J-GAAP
Apr - Jun, 2024	1,265	77	70	51	3.3	6.1	Aug 8, 2024	J-GAAP
Jul - Sep, 2024	1,237	76	71	54	3.5	6.1	Nov 12, 2024	J-GAAP
Oct - Dec, 2024	1,604	90	83	62	4.1	5.6	Feb 13, 2025	J-GAAP
YoY	+23.1%	+34.3%	+38.3%	+37.8%	+38.0%