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House Foods, The Current Fiscal Year Ordinary Profit Revised Downward by 2%

Fri Feb 21, 2025 3:00 pm JST Revision

2810 House Foods Group Inc. 【J-GAAP】

Guidance Update Report

House Foods Group Inc. <2810> [TSE Prime] announced a performance revision in the afternoon session on February 21st (15:00). The consolidated ordinary profit for the fiscal year ending March 2025 has decreased 2.3%, from the previous forecast of 22 billion yen to 21.5 billion yen (compared to 21 billion yen in the previous period), leading to a reduction in the profit growth rate from 4.3% to 2.0%.

Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (2H) consolidated ordinary profit has decreased 4.0%, from the previous forecast of 12.3 billion yen to 11.8 billion yen (compared to 12.3 billion yen in the same period of the previous year). This changes the outlook from an anticipated profit increase to a projection of a 3.8% decrease in profit.

Kabutan News

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 Prev 165,036 11,743 12,362 7,790 82.9 24 Nov 6, 2024 J-GAAP
Oct - Mar, 2024 New 161,036 10,743 11,862 6,790 72.2 24 Feb 21, 2025 J-GAAP
Revision Rate -2.4% -8.5% -4.0% -12.8% -12.8%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 320,000 21,000 22,000 13,300 141.5 48 May 9, 2024 J-GAAP
Mar, 2025 New 316,000 20,000 21,500 12,300 130.9 48 Feb 21, 2025 J-GAAP
Revision Rate -1.3% -4.8% -2.3% -7.5% -7.5%

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 156,776 11,403 12,315 6,755 69.4 24 May 9, 2024 J-GAAP
Oct - Mar, 2024 Guidance 161,036 10,743 11,862 6,790 72.2 24 Feb 21, 2025 J-GAAP
YoY +2.7% -5.8% -3.7% +0.5% +4.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 275,060 16,686 18,300 13,672 139.6 46 May 10, 2023 J-GAAP
Mar, 2024 299,600 19,470 21,085 17,580 180.5 47 May 9, 2024 J-GAAP
Mar, 2025 Guidance 316,000 20,000 21,500 12,300 130.9 48 Feb 21, 2025 J-GAAP
YoY +5.5% +2.7% +2.0% -30.0% -27.5%

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