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YURTEC CORPORATION, First Half Ordinary Profit Increases by 50%, July-September Ordinary Profit Increases by 25%

Thu Oct 31, 2024 3:00 pm JST Earnings

1934 YURTEC CORPORATION 【J-GAAP】

Earnings Report

YURTEC CORPORATION <1934> [TSE-P] announced its financial results after the market closed on October 31st (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to 4.34 billion yen, an increase of 50.2% compared to the same period last year. The progress rate against the 12.8 billion yen full-year plan was 33.9%, exceeding the five-year average of 12.4%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to decrease by 6.0% from the same period last year to 8.45 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew by 25.3% from the same period last year, reaching 3.24 billion yen. The operating profit margin improved from 3.3% in the same period last year to 4.9%.

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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, 2022 100,208 834 1,837 864 12.1 17.5 Oct 27, 2022 J-GAAP
Apr - Sep, 2023 105,807 1,725 2,892 1,720 24.0 24.3 Oct 30, 2023 J-GAAP
Apr - Sep, 2024 111,046 3,518 4,345 2,905 40.5 33.9 Oct 31, 2024 J-GAAP
YoY +5.0% +103.9% +50.2% +68.9% +68.8%

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 － 23 Apr 25, 2024 J-GAAP
Apr - Sep, 2024 Results 111,046 3,518 4,345 2,905 40.5 23 Oct 31, 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 137,364 8,798 8,993 5,790 80.8 28 Apr 25, 2024 J-GAAP
Oct - Mar, 2024 Guidance 140,954 8,682 8,455 5,295 77.1 23 Oct 31, 2024 J-GAAP
YoY +2.6% -1.3% -6.0% -8.5% -4.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 227,366 9,538 10,501 6,561 91.7 28 Apr 26, 2023 J-GAAP
Mar, 2024 243,171 10,523 11,885 7,510 104.8 42 Apr 25, 2024 J-GAAP
Mar, 2025 Guidance 252,000 12,200 12,800 8,200 119.4 46 Apr 25, 2024 J-GAAP
YoY +3.6% +15.9% +7.7% +9.2% +13.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 57,395 1,894 2,591 1,785 24.9 3.3 Oct 30, 2023 J-GAAP
Oct - Dec, 2023 67,166 3,496 3,498 2,387 33.3 5.2 Jan 30, 2024 J-GAAP
Jan - Mar, 2024 70,198 5,302 5,495 3,403 47.5 7.6 Apr 25, 2024 J-GAAP
Apr - Jun, 2024 48,994 499 1,098 569 8.0 1.0 Jul 30, 2024 J-GAAP
Jul - Sep, 2024 62,052 3,019 3,247 2,336 32.6 4.9 Oct 31, 2024 J-GAAP
YoY +8.1% +59.4% +25.3% +30.9% +30.8%

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