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W TOKYO, The Current Fiscal Year Ordinary Profit Revised Downward to an Unexpected 38% Decrease

Thu May 15, 2025 3:30 pm JST Earnings

9159 W TOKYO Inc. 【J-GAAP】

Earnings Report

W TOKYO Inc. <9159> [TSE Growth] announced its financial results after the market closed on May 15th (15:30). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending June 2025 (July 2024 to March 2025) dropped 48.3% from the same period last year to 269 million yen.

In addition, the full-year ordinary profit has decreased 44.3%, from the previous forecast of 549 million yen to 306 million yen (compared to 496 million yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 38.3% decrease in profit.

Based on the full-year plan announced by the company after the downward revision, our estimate of the ordinary profit for the January to June period (2H) has decreased 65.3%, from the previous forecast of 372 million yen to 129 million yen (compared to 169 million yen in the same period of the previous year). This changes the outlook from an anticipated profit increase to a projection of a 23.7% decrease in profit.

In the most recent three-month period, from January to March (3Q), the ordinary profit significantly dropped to 92 million yen, a 52.3% decrease compared to the same period last year. The operating profit margin significantly dropped from 15.5% in the same period last year to 8.8%.

Kabutan News

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, 2023 3,192 529 520 334 126.5 104.8 May 15, 2024 J-GAAP
Jul - Mar, 2024 2,907 278 269 161 60.0 87.9 May 15, 2025 J-GAAP
YoY -8.9% -47.4% -48.3% -51.8% -52.6%

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 2,337 372 372 247 94.8 0 Feb 14, 2025 J-GAAP
Jan - Jun, 2025 New 2,026 132 129 26 10.0 0 May 15, 2025 J-GAAP
Revision Rate -13.3% -64.5% -65.3% -89.5% -89.5%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun, 2025 Prev 4,192 557 549 358 137.4 0 Aug 14, 2024 J-GAAP
Jun, 2025 New 3,881 317 306 137 52.6 0 May 15, 2025 J-GAAP
Revision Rate -7.4% -43.1% -44.3% -61.7% -61.7%

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 2,032 175 169 112 42.2 0 Aug 14, 2024 J-GAAP
Jan - Jun, 2025 Guidance 2,026 132 129 26 10.0 0 May 15, 2025 J-GAAP
YoY -0.3% -24.6% -23.7% -76.8% -76.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun, 2023 3,616 645 620 406 165.6 0 Aug 14, 2023 J-GAAP
Jun, 2024 3,957 508 496 327 123.2 0 Aug 14, 2024 J-GAAP
Jun, 2025 Guidance 3,881 317 306 137 52.6 0 May 15, 2025 J-GAAP
YoY -1.9% -37.6% -38.3% -58.1% -57.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2024 1,267 196 193 119 45.1 15.5 May 15, 2024 J-GAAP
Apr - Jun, 2024 765 -21 -24 -7 -2.6 -2.7 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 1,309 233 231 146 54.0 17.8 Nov 14, 2024 J-GAAP
Oct - Dec, 2024 546 -48 -54 -35 -13.0 -8.8 Feb 14, 2025 J-GAAP
Jan - Mar, 2025 1,052 93 92 50 18.6 8.8 May 15, 2025 J-GAAP
YoY -17.0% -52.6% -52.3% -58.0% -58.7%

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