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

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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	11,731	12,350	7,790	82.9	24	Nov 6, 2024	J-GAAP
Oct - Mar, 2024 New	161,036	10,731	11,850	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	10,731	11,850	6,790	72.2	24	Feb 21, 2025	J-GAAP
YoY	+2.7%	-5.9%	-3.8%	+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%