PIETRO, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 8%, Oct-Dec Ordinary Profit Increases by 23 times

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Fri Feb 14, 2025 3:30 pm JST Earnings

2818 PIETRO Co., Ltd. 【J-GAAP】

Earnings Report

PIETRO Co., Ltd. <2818> [TSE Std] announced its financial results after the market closed on February 14th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) increased 7.8% from the same period last year, reaching 207 million yen. The progress rate toward the full-year plan of 215 million yen was 96.3%, also surpassing the five-year average of 87.1%.

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 decrease 11.1% from the same period last year to 8 million yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit surged 23 times that of the same period last year, reaching 113 million yen. The operating profit margin improved from 0.9% in the same period last year to 3.8%.

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	6,927	-78	-77	-127	-21.0	ー	Feb 10, 2023	J-GAAP
Apr - Dec, 2023	7,606	209	192	101	16.5	95.5	Feb 14, 2024	J-GAAP
Apr - Dec, 2024	8,468	210	207	116	16.9	96.3	Feb 14, 2025	J-GAAP
YoY	+11.3%	+0.5%	+7.8%	+14.9%	+1.9%

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	5,059	32	14	35	5.6	24	May 15, 2024	J-GAAP
Oct - Mar, 2024 Guidance	5,516	133	121	53	7.7	24	Nov 13, 2024	J-GAAP
YoY	+9.0%	+315.6%	+764.3%	+51.4%	+37.5%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	9,108	-75	-81	-399	-66.0	24	May 12, 2023	J-GAAP
Mar, 2024	10,096	218	201	109	17.4	24	May 15, 2024	J-GAAP
Mar, 2025 Guidance	11,000	230	215	99	14.3	24	Nov 13, 2024	J-GAAP
YoY	+9.0%	+5.5%	+7.0%	-9.2%	-17.5%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	2,569	23	5	27	4.4	0.9	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	2,490	9	9	8	1.3	0.4	May 15, 2024	J-GAAP
Apr - Jun, 2024	2,680	44	45	14	2.2	1.6	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	2,804	53	49	32	4.7	1.9	Nov 13, 2024	J-GAAP
Oct - Dec, 2024	2,984	113	113	70	10.2	3.8	Feb 14, 2025	J-GAAP
YoY	+16.2%	+391.3%	+2,160.0%	+159.3%	+130.1%