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TAKARA HOLDINGS, The Current Fiscal Year Ordinary Profit Revised Downward to an Unexpected 4% Decrease
2531 TAKARA HOLDINGS INC. 【J-GAAP】
Earnings ReportTAKARA HOLDINGS INC. <2531> [TSE Prime] announced its financial results after the market closed on February 13th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 14.6% from the same period last year to 16 billion yen.
In addition, the full-year consolidated ordinary profit has decreased 15.2%, from the previous forecast of 26.3 billion yen to 22.3 billion yen (compared to 23.3 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 4.4% decrease in profit.
Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated ordinary profit for the October to March period (2H) has decreased 26.4%, from the previous forecast of 15.1 billion yen to 11.1 billion yen (compared to 10.3 billion yen in the same period of the previous year), leading to a reduction in the profit growth rate from 46.9% to 8.1%.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 4.9 billion yen, a 15.3% decrease compared to the same period last year. The operating profit margin worsened from 5.9% in the same period last year to 4.8%.
Kabutan News
Actual Results
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
Apr - Dec, 2022 | 265,627 | 34,885 | 35,517 | 19,093 | 96.6 | 91.8 | Feb 9, 2023 | J-GAAP |
Apr - Dec, 2023 | 253,618 | 17,779 | 18,820 | 13,937 | 70.6 | 80.6 | Feb 14, 2024 | J-GAAP |
Apr - Dec, 2024 | 266,935 | 14,909 | 16,066 | 13,002 | 66.6 | 72.0 | Feb 13, 2025 | J-GAAP |
YoY | +5.3% | -16.1% | -14.6% | -6.7% | -5.6% |
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 | 185,461 | 15,168 | 15,134 | 8,112 | 41.6 | 31 | Nov 8, 2024 | J-GAAP |
Oct - Mar, 2024 New | 185,461 | 10,668 | 11,134 | 6,812 | 34.9 | 31 | Feb 13, 2025 | J-GAAP |
Revision Rate | 0.0% | -29.7% | -26.4% | -16.0% | -16.0% |
Full Year Update
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
Mar, 2025 Prev | 362,000 | 25,700 | 26,300 | 17,200 | 88.1 | 31 | May 10, 2024 | J-GAAP |
Mar, 2025 New | 362,000 | 21,200 | 22,300 | 15,900 | 81.4 | 31 | Feb 13, 2025 | J-GAAP |
Revision Rate | 0.0% | -17.5% | -15.2% | -7.6% | -7.6% |
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 | 176,200 | 9,778 | 10,304 | 8,133 | 41.3 | 29 | May 10, 2024 | J-GAAP |
Oct - Mar, 2024 Guidance | 185,461 | 10,668 | 11,134 | 6,812 | 34.9 | 31 | Feb 13, 2025 | J-GAAP |
YoY | +5.3% | +9.1% | +8.1% | -16.2% | -15.5% |
Current Period Guidance
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
Mar, 2023 | 350,665 | 37,945 | 38,706 | 21,206 | 107.3 | 38 | May 11, 2023 | J-GAAP |
Mar, 2024 | 339,372 | 22,242 | 23,336 | 16,176 | 82.1 | 29 | May 10, 2024 | J-GAAP |
Mar, 2025 Guidance | 362,000 | 21,200 | 22,300 | 15,900 | 81.4 | 31 | Feb 13, 2025 | J-GAAP |
YoY | +6.7% | -4.7% | -4.4% | -1.7% | -0.8% |
Quarterly Results
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
Oct - Dec, 2023 | 90,446 | 5,315 | 5,788 | 5,894 | 29.8 | 5.9 | Feb 14, 2024 | J-GAAP |
Jan - Mar, 2024 | 85,754 | 4,463 | 4,516 | 2,239 | 11.4 | 5.2 | May 10, 2024 | J-GAAP |
Apr - Jun, 2024 | 84,956 | 4,064 | 4,791 | 5,170 | 26.5 | 4.8 | Aug 8, 2024 | J-GAAP |
Jul - Sep, 2024 | 91,583 | 6,468 | 6,375 | 3,918 | 20.1 | 7.1 | Nov 8, 2024 | J-GAAP |
Oct - Dec, 2024 | 90,396 | 4,377 | 4,900 | 3,914 | 20.1 | 4.8 | Feb 13, 2025 | J-GAAP |
YoY | -0.1% | -17.6% | -15.3% | -33.6% | -32.8% |
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