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TAKASAGO INTERNATIONAL, The Current Fiscal Year Ordinary Profit Revised Upward by 45%, Exceeded Record Profit Forecast, Dividend Revised Upward by 80 yen

Thu Feb 13, 2025 3:30 pm JST Earnings

4914 TAKASAGO INTERNATIONAL CORPORATION 【J-GAAP】

Earnings Report

TAKASAGO INTERNATIONAL CORPORATION <4914> [TSE Prime] 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) surged 3.5 times that of the same period last year, reaching 14 billion yen.

In addition, the full-year consolidated ordinary profit has been revised upward 45.5%, from the previous forecast of 11 billion yen to 16 billion yen (compared to 4.7 billion yen in the previous period), increasing the growth rate from 2.3 times to 3.4 times. The company has further increased its previous forecast of record profits for the first time in three years.

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) is expected to increase 2.2 times, from the previous forecast of 4.1 billion yen to 9.1 billion yen (compared to 1.37 billion yen in the same period of the previous year), increasing the growth rate from 3.0 times to 6.6 times.

In light of the strong performance, the company has significantly increased its planned annual dividend for the current fiscal year from the original plan of 160 yen to 240 yen (compared to 70 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit surged 10 times that of the same period last year, reaching 7.17 billion yen. The operating profit margin drastically improved from 2.2% in the same period last year to 8.2%.

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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 141,660 5,568 7,505 5,937 60.5 94.3 Feb 10, 2023 J-GAAP
Apr - Dec, 2023 148,572 2,609 4,043 3,243 33.3 85.9 Feb 9, 2024 J-GAAP
Apr - Dec, 2024 175,701 13,083 14,065 10,562 108.4 87.9 Feb 13, 2025 J-GAAP
YoY +18.3% +401.5% +247.9% +225.7% +225.3%

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 106,415 1,996 4,105 3,102 31.8 16 Nov 8, 2024 J-GAAP
Oct - Mar, 2024 New 111,415 6,996 9,105 9,102 93.4 32 Feb 13, 2025 J-GAAP
Revision Rate +4.7% +250.5% +121.8% +193.4% +193.4%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 220,000 10,000 11,000 8,000 82.1 32 Nov 8, 2024 J-GAAP
Mar, 2025 New 225,000 15,000 16,000 14,000 143.7 48 Feb 13, 2025 J-GAAP
Revision Rate +2.3% +50.0% +45.5% +75.0% +75.0%

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 97,368 784 1,379 566 5.8 7 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 111,415 6,996 9,105 9,102 93.4 32 Feb 13, 2025 J-GAAP
YoY +14.4% +792.3% +560.3% +1,508.1% +1,504.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 186,792 5,947 7,958 7,393 75.3 14 May 15, 2023 J-GAAP
Mar, 2024 195,940 2,316 4,707 2,698 27.7 14 May 15, 2024 J-GAAP
Mar, 2025 Guidance 225,000 15,000 16,000 14,000 143.7 48 Feb 13, 2025 J-GAAP
YoY +14.8% +547.7% +239.9% +418.9% +418.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 50,000 1,077 715 1,111 11.4 2.2 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 47,368 -293 664 -545 -5.6 -0.6 May 15, 2024 J-GAAP
Apr - Jun, 2024 55,459 4,018 5,600 3,897 40.0 7.2 Aug 8, 2024 J-GAAP
Jul - Sep, 2024 58,126 3,986 1,295 1,001 10.3 6.9 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 62,116 5,079 7,170 5,664 58.2 8.2 Feb 13, 2025 J-GAAP
YoY +24.2% +371.6% +902.8% +409.8% +409.2%

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