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W TOKYO, First Half Ordinary Profit Decreases by 46%, Oct-Dec Ordinary Profit Turns to Loss

Fri Feb 14, 2025 3:30 pm JST Earnings

9159 W TOKYO Inc. 【J-GAAP】

Earnings Report

W TOKYO Inc. <9159> [TSE Growth] announced its financial results after the market closed on February 14th (15:30). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending June 2025 (July to December) dropped 45.9% from the same period last year to 177 million yen. The progress rate toward the full-year plan of 549 million yen was 32.2%, also falling below the same period of the previous year of 65.9%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the January to June period (2H) is expected to surge 2.2 times that of the same period last year, reaching 372 million yen.

In the most recent three-month period, from October to December (2Q), the ordinary profit/loss turned to a loss of 54 million yen (compared to a profit of 41 million yen in the same period last year). The operating profit/loss margin drastically worsened from 5.6% in the same period last year to -8.8%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jul - Dec, 2023 1,925 333 327 215 82.4 65.9 Feb 14, 2024 J-GAAP
Jul - Dec, 2024 1,855 185 177 111 41.3 32.2 Feb 14, 2025 J-GAAP
YoY -3.6% -44.4% -45.9% -48.4% -49.9%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2024 Guidance ー ー ー ー － 0 Aug 14, 2024 J-GAAP
Jul - Dec, 2024 Results 1,855 185 177 111 41.3 0 Feb 14, 2025 J-GAAP
Revision Rate － － － － －

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2024 2,032 175 169 112 42.2 0 Aug 14, 2024 J-GAAP
Jan - Jun, 2025 Guidance 2,337 372 372 247 94.8 0 Feb 14, 2025 J-GAAP
YoY +15.0% +112.6% +120.1% +120.5% +124.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun, 2023 3,616 645 620 406 165.6 0 Aug 14, 2023 J-GAAP
Jun, 2024 3,957 508 496 327 123.2 0 Aug 14, 2024 J-GAAP
Jun, 2025 Guidance 4,192 557 549 358 137.4 0 Aug 14, 2024 J-GAAP
YoY +5.9% +9.6% +10.7% +9.5% +11.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 790 44 41 31 11.9 5.6 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 1,267 196 193 119 45.1 15.5 May 15, 2024 J-GAAP
Apr - Jun, 2024 765 -21 -24 -7 -2.6 -2.7 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 1,309 233 231 146 54.0 17.8 Nov 14, 2024 J-GAAP
Oct - Dec, 2024 546 -48 -54 -35 -13.0 -8.8 Feb 14, 2025 J-GAAP
YoY -30.9% － － － －

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