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Hammock Inc., First Half Ordinary Profit Increases by 9%, July-September Ordinary Profit Increases by 17%

Thu Nov 14, 2024 11:30 am JST Earnings

173A Hammock Inc.

Earnings Report

Hammock Inc. <173A> [TSE-G] announced its financial results at noon (11:30) on November 14th. The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 9.4% from the same period last year, reaching 362 million yen. The progress rate against the 753 million yen full-year plan was 48.1%, exceeding the same period of the previous year of 42.5%.

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 October to March period (second half) is expected to decrease by 12.5% from the same period last year to 391 million yen.

In the most recent three-month period, from July to September (2Q), the ordinary profit grew by 17.4% from the same period last year, reaching 223 million yen. The operating profit margin jumped from 15.1% in the same period last year to 22.6%.

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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
Apr - Sep, 2024 2,254 381 362 284 67.6 48.1 Nov 14, 2024 J-GAAP
YoY － － － － －

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 Guidance ー ー ー ー － 0 May 15, 2024 J-GAAP
Apr - Sep, 2024 Results 2,254 381 362 284 67.6 0 Nov 14, 2024 J-GAAP
Revision Rate － － － － －

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 2,245 414 447 413 99.5 30 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 2,484 337 391 257 61.1 30 Nov 14, 2024 J-GAAP
YoY +10.6% -18.6% -12.5% -37.8% -38.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 4,282 670 778 648 156.0 30 May 15, 2024 J-GAAP
Mar, 2025 Guidance 4,738 718 753 541 128.6 30 May 15, 2024 J-GAAP
YoY +10.6% +7.2% -3.2% -16.5% -17.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2024 1,174 219 264 290 69.8 18.7 May 15, 2024 J-GAAP
Apr - Jun, 2024 1,053 109 139 94 22.5 10.4 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 1,201 272 223 190 45.2 22.6 Nov 14, 2024 J-GAAP
YoY － － － － －

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