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GREENS, The Current Fiscal Year Ordinary Profit Revised Upward to an Unexpected 14% Increase, Raises Record High Profit, Dividend Revised Upward by 8 yen

Tue May 13, 2025 3:30 pm JST Earnings

6547 GREENS CO.,LTD. 【J-GAAP】

Earnings Report

GREENS CO.,LTD. <6547> [TSE Std] announced its financial results after the market closed on May 13th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending June 2025 (July 2024 to March 2025) decreased 5.6% from the same period last year to 4.18 billion yen.

However, the full-year consolidated ordinary profit has been revised upward 25.0%, from the previous forecast of 4.4 billion yen to 5.5 billion yen (compared to 4.82 billion yen in the previous period), record profits reach three consecutive terms, turning to a 13.9% increase in the consolidated ordinary profit outlook.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the January to June period (2H) is expected to increase 3.0 times, from the previous forecast of 0.54 billion yen to 1.64 billion yen (compared to 1.42 billion yen in the same period of the previous year), turning to a 14.8% increase in the consolidated ordinary profit outlook.

In light of the strong performance, the company has increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 27 yen to 35 yen (compared to 23 yen in the previous period).

In the most recent three-month period, from January to March (3Q), the consolidated ordinary profit significantly dropped to 0.32 billion yen, a 68.8% decrease compared to the same period last year. The operating profit margin significantly dropped from 10.9% in the same period last year to 5.8%.

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Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jul - Mar, 2022 26,891 2,856 2,690 2,419 179.1 77.0 May 12, 2023 J-GAAP
Jul - Mar, 2023 30,547 4,572 4,430 4,381 306.4 91.7 May 13, 2024 J-GAAP
Jul - Mar, 2024 36,658 4,623 4,180 4,116 288.6 76.0 May 13, 2025 J-GAAP
YoY +20.0% +1.1% -5.6% -6.0% -5.8%

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 21,521 1,040 541 -229 -15.9 27 Feb 13, 2025 J-GAAP
Jan - Jun, 2025 New 23,721 2,040 1,641 871 61.3 35 May 13, 2025 J-GAAP
Revision Rate +10.2% +96.2% +203.3%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun, 2025 Prev 46,800 5,000 4,400 3,600 250.6 27 Aug 13, 2024 J-GAAP
Jun, 2025 New 49,000 6,000 5,500 4,700 330.7 35 May 13, 2025 J-GAAP
Revision Rate +4.7% +20.0% +25.0% +30.6% +32.0%

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 20,252 1,520 1,429 1,521 105.2 23 Aug 13, 2024 J-GAAP
Jan - Jun, 2025 Guidance 23,721 2,040 1,641 871 61.3 35 May 13, 2025 J-GAAP
YoY +17.1% +34.2% +14.8% -42.7% -41.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun, 2023 36,439 3,697 3,492 4,191 305.3 9 Aug 14, 2023 J-GAAP
Jun, 2024 40,969 5,019 4,829 4,888 338.0 23 Aug 13, 2024 J-GAAP
Jun, 2025 Guidance 49,000 6,000 5,500 4,700 330.7 35 May 13, 2025 J-GAAP
YoY +19.6% +19.5% +13.9% -3.8% -2.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2024 9,830 1,073 1,030 1,014 70.9 10.9 May 13, 2024 J-GAAP
Apr - Jun, 2024 10,422 447 399 507 35.1 4.3 Aug 13, 2024 J-GAAP
Jul - Sep, 2024 11,969 1,619 1,583 1,568 110.2 13.5 Nov 13, 2024 J-GAAP
Oct - Dec, 2024 13,310 2,341 2,276 2,261 159.6 17.6 Feb 13, 2025 J-GAAP
Jan - Mar, 2025 11,379 663 321 287 20.1 5.8 May 13, 2025 J-GAAP
YoY +15.8% -38.2% -68.8% -71.7% -71.6%

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