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HOKKAIDENKO, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 94%, Oct-Dec Ordinary Profit Increases by 71%

Wed Jan 29, 2025 4:30 pm JST Earnings

1832 HOKKAIDENKO CORPORATION 【J-GAAP】

Earnings Report

HOKKAIDENKO CORPORATION <1832> [SSE] announced its financial results after the market closed on January 29th (16:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) expanded 2.89 billion yen, an increase 94.5% compared to the same period last year. The progress rate toward the full-year plan of 3.24 billion yen was 89.3%, also surpassing the five-year average of 44.9%.

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 January to March period (4Q) is expected to significant drop 77.5% from the same period last year to 0.34 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 70.8% from the same period last year, reaching 1.93 billion yen. The operating profit margin improved from 6.2% in the same period last year to 9.1%.

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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
Apr - Dec, 2022 52,472 298 467 267 12.9 32.3 Jan 26, 2023 J-GAAP
Apr - Dec, 2023 39,990 1,325 1,487 934 45.1 49.0 Jan 26, 2024 J-GAAP
Apr - Dec, 2024 47,284 2,733 2,892 1,914 92.4 89.3 Jan 29, 2025 J-GAAP
YoY +18.2% +106.3% +94.5% +104.9% +104.9%

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 36,734 2,560 2,681 1,864 90.0 10 Apr 26, 2024 J-GAAP
Oct - Mar, 2024 Guidance 38,913 2,149 2,282 1,519 73.3 10 Oct 30, 2024 J-GAAP
YoY +5.9% -16.1% -14.9% -18.5% -18.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 71,005 1,261 1,446 938 45.3 10 Apr 27, 2023 J-GAAP
Mar, 2024 60,099 2,856 3,036 2,019 97.5 10 Apr 26, 2024 J-GAAP
Mar, 2025 Guidance 66,000 3,050 3,240 2,130 102.8 20 Oct 28, 2024 J-GAAP
YoY +9.8% +6.8% +6.7% +5.5% +5.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 16,625 1,029 1,132 779 37.6 6.2 Jan 26, 2024 J-GAAP
Jan - Mar, 2024 20,109 1,531 1,549 1,085 52.4 7.6 Apr 26, 2024 J-GAAP
Apr - Jun, 2024 11,654 286 327 194 9.4 2.5 Jul 24, 2024 J-GAAP
Jul - Sep, 2024 15,433 615 631 417 20.1 4.0 Oct 30, 2024 J-GAAP
Oct - Dec, 2024 20,197 1,832 1,934 1,303 62.9 9.1 Jan 29, 2025 J-GAAP
YoY +21.5% +78.0% +70.8% +67.3% +67.3%

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