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SHO-BOND, Jan-Mar (3Q) Ordinary Profit Decreases by 5%
1414 SHO-BOND Holdings Co., Ltd. 【J-GAAP】
Earnings ReportSHO-BOND Holdings Co., Ltd. <1414> [TSE Prime] announced its financial results after the market closed on May 9th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending June 2025 (July 2024 to March 2025) was 16.5 billion yen, a 1.8% increase compared to the same period last year. The progress rate toward the full-year plan of 21.1 billion yen was 78.2%, almost the same as the five-year average of 79.1%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the April to June period (4Q) is expected to grow 9.0% from the same period last year, reaching 4.59 billion yen.
In the most recent three-month period, from January to March (3Q), the consolidated ordinary profit decreased to 5.72 billion yen, a 5.5% decrease compared to the same period last year. The operating profit margin decreased from 26.0% in the same period last year to 25.6%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Mar, 2022 | 60,788 | 13,828 | 14,110 | 9,888 | 186.5 | 75.7 | May 10, 2023 | J-GAAP |
| Jul - Mar, 2023 | 64,779 | 15,723 | 16,220 | 11,328 | 216.3 | 79.4 | May 10, 2024 | J-GAAP |
| Jul - Mar, 2024 | 67,915 | 16,293 | 16,506 | 11,691 | 226.0 | 78.2 | May 9, 2025 | J-GAAP |
| YoY | +4.8% | +3.6% | +1.8% | +3.2% | +4.5% |
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 | 42,719 | 9,682 | 10,272 | 7,087 | 135.5 | 84 | Aug 9, 2024 | J-GAAP |
| Jan - Jun, 2025 Guidance | 46,419 | 10,021 | 10,317 | 7,092 | 138.9 | 78.50 | Feb 10, 2025 | J-GAAP |
| YoY | +8.7% | +3.5% | +0.4% | +0.1% | +2.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun, 2023 | 83,924 | 18,124 | 18,637 | 12,887 | 243.5 | 127 | Aug 10, 2023 | J-GAAP |
| Jun, 2024 | 85,419 | 19,666 | 20,436 | 14,321 | 273.7 | 139 | Aug 9, 2024 | J-GAAP |
| Jun, 2025 Guidance | 92,000 | 20,600 | 21,100 | 14,700 | 287.9 | 142.50 | Aug 9, 2024 | J-GAAP |
| YoY | +7.7% | +4.7% | +3.2% | +2.6% | +5.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 22,079 | 5,739 | 6,056 | 4,094 | 78.2 | 26.0 | May 10, 2024 | J-GAAP |
| Apr - Jun, 2024 | 20,640 | 3,943 | 4,216 | 2,993 | 57.2 | 19.1 | Aug 9, 2024 | J-GAAP |
| Jul - Sep, 2024 | 21,571 | 4,850 | 4,929 | 3,366 | 64.7 | 22.5 | Nov 11, 2024 | J-GAAP |
| Oct - Dec, 2024 | 24,010 | 5,729 | 5,854 | 4,242 | 81.7 | 23.9 | Feb 10, 2025 | J-GAAP |
| Jan - Mar, 2025 | 22,334 | 5,714 | 5,723 | 4,083 | 78.9 | 25.6 | May 9, 2025 | J-GAAP |
| YoY | +1.2% | -0.4% | -5.5% | -0.3% | +0.9% |
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