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

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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%.

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
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%