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Open Up Group, The Current Fiscal Year Net Income Revised Downward by 2%

Thu Feb 27, 2025 5:30 pm JST Revision

2154 Open Up Group Inc. 【IFRS】

Guidance Update Report

Open Up Group Inc. <2154> [TSE Prime] announced a performance revision after the market closed on February 27th (17:30). The consolidated net income for the fiscal year ending June 2025 has decreased 2.4%, from the previous forecast of 11.2 billion yen to 11 billion yen (compared to 11.7 billion yen in the previous period), leading to an increase in the profit decline rate from 4.2% to 6.5%.

Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the January to June period (2H) consolidated net income has decreased 5.0%, from the previous forecast of 5.38 billion yen to 5.11 billion yen (compared to 6.41 billion yen in the same period of the previous year), leading to an increase in the profit decline rate from 16.1% to 20.3%.

Kabutan News

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2025 Prev 91,963 7,030 7,056 5,386 62.0 45 Feb 7, 2025 IFRS
Jan - Jun, 2025 New 83,963 6,530 5,116 58.9 45 Feb 27, 2025 IFRS
Revision Rate -8.7% -7.1% -5.0% -5.0%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun, 2025 Prev 193,000 16,000 16,000 11,270 129.7 75 Aug 9, 2024 IFRS
Jun, 2025 New 185,000 15,500 11,000 126.6 75 Feb 27, 2025 IFRS
Revision Rate -4.1% -3.1% -2.4% -2.4%

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 88,172 6,382 6,687 6,417 74.0 45 Aug 9, 2024 IFRS
Jan - Jun, 2025 Guidance 83,963 6,530 5,116 58.9 45 Feb 27, 2025 IFRS
YoY -4.8% +2.3% -20.3% -20.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun, 2023 150,697 12,164 12,508 9,533 109.1 50 Aug 10, 2023 IFRS
Jun, 2024 173,225 14,293 14,555 11,768 135.8 65 Aug 9, 2024 IFRS
Jun, 2025 Guidance 185,000 15,500 11,000 126.6 75 Feb 27, 2025 IFRS
YoY +6.8% +8.4% -6.5% -6.8%

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