Happiness and D, The Current Fiscal Year Net Income Revised Downward to a Loss, 54% Deficit Against Net Assets, Dividend Revised from 15 yen to Undecided

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Mon Apr 14, 2025 3:40 pm JST Earnings

3174 Happiness and D Co.,Ltd. 【J-GAAP】

Earnings Report

Happiness and D Co.,Ltd. <3174> [TSE Std] announced its financial results after the market closed on April 14th (15:40). The consolidated net loss for the cumulative second quarter of the fiscal year ending August 2025 (September 2024 to February 2025) expanded to a loss of 205 million yen (compared to a loss of 19 million yen in the same period last year), reversing from the forecast of a 101 million yen to a loss.

In addition, the full-year consolidated net income/loss has been revised downward from an expected profit of 67 million yen to a loss of 548 million yen (compared to a loss of 459 million yen in the previous period), turning to a loss outlook The deficit amounted to a 54.0% impairment of net assets at the end of the previous fiscal year..

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated net loss for the March to August period (2H) is expected to further decrease loss of 343 million yen (compared to a loss of 440 million yen in the same period last year).

At the same time, the plan for a annual dividend of 15 yen has been changed to undecided.

In the most recent three-month period, from December to February (2Q), the consolidated net income/loss turned to a loss of 52 million yen (compared to a profit of 190 million yen in the same period last year). The operating profit margin drastically worsened from 6.5% in the same period last year to 2.2%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Sep - Feb, 2022	6,786	28	16	-48	-19.3	ー	Apr 12, 2023	J-GAAP
Sep - Feb, 2023	5,974	44	30	-19	-7.8	ー	Apr 12, 2024	J-GAAP
Sep - Feb, 2024	4,726	-81	-97	-205	-80.6	ー	Apr 14, 2025	J-GAAP
YoY	-20.9%	－	－	-978.9%	-933.8%

First Half Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep - Feb, 2024 Guidance	5,491	173	154	101	39.6	7.50	Oct 15, 2024	J-GAAP
Sep - Feb, 2024 Results	4,726	-81	-97	-205	-80.6	7.50	Apr 14, 2025	J-GAAP
Revision Rate	-13.9%	－	－	－	－

Guidance Update

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Aug, 2025 Prev	10,321	178	138	67	26.3	15	Oct 15, 2024	J-GAAP
Aug, 2025 New	8,703	-346	-383	-548	-215.0	－	Apr 14, 2025	J-GAAP
Revision Rate	-15.7%	－	－	－	－

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar - Aug, 2024	4,806	-202	-216	-440	-172.9	7.50	Oct 15, 2024	J-GAAP
Mar - Aug, 2025 Guidance	3,977	-265	-286	-343	-134.6	－	Apr 14, 2025	J-GAAP
YoY	-17.2%	-31.2%	-32.4%	+22.0%	+22.2%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Aug, 2023	12,742	-216	-243	-668	-263.4	15	Oct 12, 2023	J-GAAP
Aug, 2024	10,780	-158	-186	-459	-180.4	15	Oct 15, 2024	J-GAAP
Aug, 2025 Guidance	8,703	-346	-383	-548	-215.0	－	Apr 14, 2025	J-GAAP
YoY	-19.3%	-119.0%	-105.9%	-19.4%	-19.2%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Dec - Feb, 2023	3,532	228	221	190	78.0	6.5	Apr 12, 2024	J-GAAP
Mar - May, 2024	2,410	-102	-107	-138	-54.5	-4.2	Jul 12, 2024	J-GAAP
Jun - Aug, 2024	2,396	-100	-109	-302	-118.7	-4.2	Oct 15, 2024	J-GAAP
Sep - Nov, 2024	1,957	-142	-150	-153	-60.5	-7.3	Jan 14, 2025	J-GAAP
Dec - Feb, 2024	2,769	61	53	-52	-20.5	2.2	Apr 14, 2025	J-GAAP
YoY	-21.6%	-73.2%	-76.0%	－	－