kabutan

GOOD LIFE COMPANY, 67% Increase in Ordinary Profit, Update Record High for Third Consecutive Term

Fri Feb 14, 2025 4:00 pm JST Earnings

2970 GOOD LIFE COMPANY,INC. 【J-GAAP】

Earnings Report

GOOD LIFE COMPANY,INC. <2970> [TSE Std] announced its financial results after the market closed on February 14th (16:00). The consolidated ordinary profit for the fiscal year ending December 2024 increased 46.0% from the previous period to 1.51 billion yen. In the fiscal year ending December 2025, the profit is expected to expand to 67.4% to 2.53 billion yen, marking the third consecutive term of record-high profits. This will be the ninth consecutive term of revenue and the fifth consecutive term of profit growth.

In the most recent three-month period, from October to December (4Q), the consolidated ordinary profit surged 3.4 times that of the same period last year, reaching 0.31 billion yen. The operating profit margin improved from 5.1% in the same period last year to 6.2%.

Kabutan News

Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 8,061 571 545 310 73.8 0 Feb 14, 2023 J-GAAP
Dec, 2023 11,435 1,061 1,035 696 166.9 0 Feb 14, 2024 J-GAAP
Dec, 2024 17,126 1,543 1,511 1,000 237.9 0 Feb 14, 2025 J-GAAP
YoY +49.8% +45.4% +46.0% +43.7% +42.5%

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 17,000 1,600 1,550 1,065 251.8 0 Feb 14, 2024 J-GAAP
Dec, 2024 Results 17,126 1,543 1,511 1,000 237.9 0 Feb 14, 2025 J-GAAP
Revision Rate +0.7% -3.6% -2.5% -6.1% -5.5%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2024 7,581 797 784 534 127.5 0 Aug 9, 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 11,435 1,061 1,035 696 166.9 0 Feb 14, 2024 J-GAAP
Dec, 2024 17,126 1,543 1,511 1,000 237.9 0 Feb 14, 2025 J-GAAP
Dec, 2025 Guidance 24,500 2,600 2,530 1,620 393.7 0 Feb 14, 2025 J-GAAP
YoY +43.1% +68.5% +67.4% +62.0% +65.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 1,954 100 93 86 20.6 5.1 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 4,847 573 564 392 93.7 11.8 May 15, 2024 J-GAAP
Apr - Jun, 2024 2,734 224 220 142 33.9 8.2 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 4,466 433 415 272 64.8 9.7 Nov 13, 2024 J-GAAP
Oct - Dec, 2024 5,079 313 312 194 46.2 6.2 Feb 14, 2025 J-GAAP
YoY +159.9% +213.0% +235.5% +125.6% +123.8%

Related Articles