kabutan

mbs inc, First Half Ordinary Profit Increases by 4%, Sep-Nov Ordinary Profit Increases by 50%

Tue Jan 14, 2025 4:00 pm JST Earnings

1401 mbs,inc. 【J-GAAP】

Earnings Report

mbs,inc. <1401> [TSE Growth] announced its financial results after the market closed on January 14th (16:00). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending May 2025 (June to November) increased 4.5% from the same period last year, reaching 303 million yen. The progress rate toward the full-year plan of 659 million yen was 46.0%, exceeding the five-year average of 40.9%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the December to May period (2H) is expected to expand 50.2% from the same period last year, reaching 356 million yen.

In the most recent three-month period, from September to November (2Q), the ordinary profit increased 50.0% from the same period last year, reaching 249 million yen. The operating profit margin rose from 14.2% in the same period last year to 15.9%.

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
Jun - Nov, 2022 1,775 141 158 107 14.1 33.8 Jan 13, 2023 J-GAAP
Jun - Nov, 2023 2,144 273 290 197 26.3 55.0 Jan 15, 2024 J-GAAP
Jun - Nov, 2024 2,241 277 303 207 28.3 46.0 Jan 14, 2025 J-GAAP
YoY +4.5% +1.5% +4.5% +5.1% +7.7%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun - Nov, 2024 Guidance 2,378 310 341 232 31.8 0 Jul 12, 2024 J-GAAP
Jun - Nov, 2024 Results 2,241 277 303 207 28.3 0 Jan 14, 2025 J-GAAP
Revision Rate -5.8% -10.6% -11.1% -10.8% -11.0%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec - May, 2023 2,212 222 237 206 27.6 8 Jul 12, 2024 J-GAAP
Dec - May, 2024 Guidance 2,464 338 356 243 34.1 10 Jan 14, 2025 J-GAAP
YoY +11.4% +52.3% +50.2% +18.0% +23.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
May, 2023 4,004 432 468 322 42.6 6 Jul 14, 2023 J-GAAP
May, 2024 4,356 495 527 403 54.1 8 Jul 12, 2024 J-GAAP
May, 2025 Guidance 4,705 615 659 450 63.1 10 Jul 12, 2024 J-GAAP
YoY +8.0% +24.2% +25.0% +11.7% +16.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Sep - Nov, 2023 1,105 157 166 113 15.1 14.2 Jan 15, 2024 J-GAAP
Dec - Feb, 2023 1,013 117 124 90 12.0 11.5 Apr 12, 2024 J-GAAP
Mar - May, 2024 1,199 105 113 116 15.6 8.8 Jul 12, 2024 J-GAAP
Jun - Aug, 2024 809 50 54 35 4.9 6.2 Oct 15, 2024 J-GAAP
Sep - Nov, 2024 1,432 227 249 172 23.6 15.9 Jan 14, 2025 J-GAAP
YoY +29.6% +44.6% +50.0% +52.2% +56.1%

Related Articles