kabutan

Makuake, The Current Fiscal Year Ordinary Profit Revised Upward by 2.6 times

Tue Apr 22, 2025 3:30 pm JST Earnings

4479 Makuake,Inc. 【J-GAAP】

Earnings Report

Makuake,Inc. <4479> [TSE Growth] announced its financial results after the market closed on April 22nd (15:30). The ordinary profit/loss (non-consolidated) for the cumulative second quarter of the fiscal year ending September 2025 (October 2024 to March 2025) turned into a profit of 262 million yen (compared to a loss of 96 million yen in the same period last year).

In addition, the full-year ordinary profit has been revised upward 2.6 times, from the previous forecast of 120 million yen to 310 million yen (compared to a loss of 60 million yen in the previous period).

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the ordinary profit for the April to September period (2H) is expected to expand 33.3% from the same period last year, reaching 48 million yen.

In the most recent three-month period, from January to March (2Q), the ordinary profit/loss turned to a profit of 162 million yen (compared to a loss of 81 million yen in the same period last year). The operating profit/loss margin drastically improved from -9.9% in the same period last year to 15.0%.

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
Oct - Mar, 2022 1,789 -378 -374 -379 -30.2 ー Apr 25, 2023 J-GAAP
Oct - Mar, 2023 1,860 -98 -96 -76 -6.1 ー Apr 23, 2024 J-GAAP
Oct - Mar, 2024 2,050 261 262 247 19.4 84.5 Apr 22, 2025 J-GAAP
YoY +10.2% － － － －

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 Guidance ー ー ー ー － 0 Oct 29, 2024 J-GAAP
Oct - Mar, 2024 Results 2,050 261 262 247 19.4 0 Apr 22, 2025 J-GAAP
Revision Rate － － － － －

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep, 2025 Prev 3,800 120 120 70 5.5 0 Oct 29, 2024 J-GAAP
Sep, 2025 New 4,040 310 310 290 22.8 0 Apr 22, 2025 J-GAAP
Revision Rate +6.3% +158.3% +158.3% +314.3% +314.4%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 1,792 36 36 -27 -2.1 0 Oct 29, 2024 J-GAAP
Apr - Sep, 2025 Guidance 1,990 49 48 43 3.4 0 Apr 22, 2025 J-GAAP
YoY +11.0% +36.1% +33.3% － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep, 2023 3,810 -489 -482 -491 -39.0 0 Oct 24, 2023 J-GAAP
Sep, 2024 3,652 -62 -60 -103 -8.2 0 Oct 29, 2024 J-GAAP
Sep, 2025 Guidance 4,040 310 310 290 22.8 0 Apr 22, 2025 J-GAAP
YoY +10.6% － － － －

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2024 831 -82 -81 -70 -5.6 -9.9 Apr 23, 2024 J-GAAP
Apr - Jun, 2024 871 -16 -14 -86 -6.8 -1.8 Jul 30, 2024 J-GAAP
Jul - Sep, 2024 921 52 50 59 4.7 5.6 Oct 29, 2024 J-GAAP
Oct - Dec, 2024 980 100 100 104 8.2 10.2 Jan 28, 2025 J-GAAP
Jan - Mar, 2025 1,070 161 162 143 11.3 15.0 Apr 22, 2025 J-GAAP
YoY +28.8% － － － －

Related Articles