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Renewable Japan, 59% Decrease in Ordinary Profit for the Last Fiscal Year, Current period performance is undisclosed.

Fri Feb 14, 2025 3:30 pm JST Earnings

9522 Renewable Japan Co.,Ltd. 【J-GAAP】

Earnings Report

Renewable Japan Co.,Ltd. <9522> [TSE Growth] announced its financial results after the market closed on February 14th (15:30). The consolidated ordinary profit for the fiscal year ending December 2024 significantly dropped 59.2% from the previous period to 827 million yen, although it exceeded the initial forecast of 500 million yen. Furthermore, the company did not disclose the performance outlook for the fiscal year ending December 2025.

In the most recent three-month period, from October to December (4Q), the consolidated ordinary profit/loss turned to a loss of 86 million yen (compared to a profit of 145 million yen in the same period last year). However, the operating profit margin drastically improved from 4.0% in the same period last year to 9.3%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 17,718 1,289 -1,360 -1,526 -52.7 0 Feb 13, 2023 J-GAAP
Dec, 2023 33,604 3,591 2,028 1,088 36.9 0 Feb 13, 2024 J-GAAP
Dec, 2024 18,426 2,940 827 1,566 52.3 0 Feb 14, 2025 J-GAAP
YoY -45.2% -18.1% -59.2% +43.9% +41.9%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 Guidance 17,500 2,700 500 1,500 49.6 0 Nov 14, 2024 J-GAAP
Dec, 2024 Results 18,426 2,940 827 1,566 52.3 0 Feb 14, 2025 J-GAAP
Revision Rate +5.3% +8.9% +65.4% +4.4% +5.4%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2024 8,720 1,515 464 213 7.1 0 Aug 14, 2024 J-GAAP
Jan - Jun, 2025 Guidance 0 Feb 14, 2025 J-GAAP
YoY

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 33,604 3,591 2,028 1,088 36.9 0 Feb 13, 2024 J-GAAP
Dec, 2024 18,426 2,940 827 1,566 52.3 0 Feb 14, 2025 J-GAAP
Dec, 2025 Guidance 0 Feb 14, 2025 J-GAAP
YoY

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 19,138 765 145 4 0.1 4.0 Feb 13, 2024 J-GAAP
Jan - Mar, 2024 3,872 355 -174 -178 -6.0 9.2 May 13, 2024 J-GAAP
Apr - Jun, 2024 4,848 1,160 638 391 13.1 23.9 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 4,646 952 449 395 13.2 20.5 Nov 14, 2024 J-GAAP
Oct - Dec, 2024 5,060 473 -86 958 32.0 9.3 Feb 14, 2025 J-GAAP
YoY -73.6% -38.2% +23,850.0% +22,750.0%

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