TOKYU, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 33%, Oct-Dec Ordinary Profit Increases by 32%

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 5:00 pm JST Earnings

9005 TOKYU CORPORATION 【J-GAAP】

Earnings Report

TOKYU CORPORATION <9005> [TSE Prime] announced its financial results after the market closed on February 13th (17:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) expanded 96.8 billion yen, an increase 33.2% compared to the same period last year. The progress rate toward the full-year plan of 104 billion yen was 92.8%, also surpassing the five-year average of 89.6%.

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 significant drop 71.6% from the same period last year to 7.56 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 32.2% from the same period last year, reaching 30.4 billion yen. The operating profit margin improved from 9.7% in the same period last year to 10.9%.

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	670,505	36,632	37,900	24,246	40.2	80.0	Feb 13, 2023	J-GAAP
Apr - Dec, 2023	728,901	69,261	72,696	50,046	82.9	73.2	Feb 9, 2024	J-GAAP
Apr - Dec, 2024	785,730	93,603	96,836	68,524	115.0	92.8	Feb 13, 2025	J-GAAP
YoY	+7.8%	+35.1%	+33.2%	+36.9%	+38.7%

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	554,351	49,372	49,604	28,734	47.7	10	May 13, 2024	J-GAAP
Oct - Mar, 2024 Guidance	539,766	35,665	37,970	24,534	42.7	12	Nov 8, 2024	J-GAAP
YoY	-2.6%	-27.8%	-23.5%	-14.6%	-10.5%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	931,293	44,603	47,369	25,995	42.9	15	May 11, 2023	J-GAAP
Mar, 2024	1,037,819	94,905	99,292	63,763	105.8	17.50	May 13, 2024	J-GAAP
Mar, 2025 Guidance	1,065,000	101,000	104,400	74,000	128.8	23	Nov 8, 2024	J-GAAP
YoY	+2.6%	+6.4%	+5.1%	+16.1%	+21.7%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	245,433	23,728	23,008	15,017	24.9	9.7	Feb 9, 2024	J-GAAP
Jan - Mar, 2024	308,918	25,644	26,596	13,717	22.8	8.3	May 13, 2024	J-GAAP
Apr - Jun, 2024	273,080	39,594	41,391	29,853	49.8	14.5	Aug 8, 2024	J-GAAP
Jul - Sep, 2024	252,154	25,741	25,039	19,613	32.7	10.2	Nov 8, 2024	J-GAAP
Oct - Dec, 2024	260,496	28,268	30,406	19,058	32.0	10.9	Feb 13, 2025	J-GAAP
YoY	+6.1%	+19.1%	+32.2%	+26.9%	+28.5%