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Taikisha Ltd., First Half Ordinary Profit Decreases by 13%

Mon Nov 11, 2024 12:00 pm JST Earnings

1979 Taikisha Ltd. 【J-GAAP】

Earnings Report

Taikisha Ltd. <1979> [TSE-P] announced its financial results at noon (12:00) on November 11th. The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) decreased by 12.6% from the same period last year to 7.07 billion yen. The progress rate against the 15 billion yen full-year plan was 47.2%, which was higher than the five-year average of 37.5%.

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 drop by 32.6% from the same period last year to 7.92 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 4.26 billion yen, a 6.2% decrease compared to the same period last year. However, the operating profit margin improved from 5.6% in the same period last year to 6.0%.

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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 85,779 3,847 4,657 2,443 35.9 35.8 Nov 10, 2022 J-GAAP
Apr - Sep, 2023 130,411 7,427 8,101 6,626 99.8 40.8 Nov 13, 2023 J-GAAP
Apr - Sep, 2024 114,626 6,274 7,078 5,673 86.9 47.2 Nov 11, 2024 J-GAAP
YoY -12.1% -15.5% -12.6% -14.4% -12.9%

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 114,600 6,200 7,000 5,600 86.4 30 Oct 29, 2024 J-GAAP
Apr - Sep, 2024 Results 114,626 6,274 7,078 5,673 86.9 30 Nov 11, 2024 J-GAAP
Revision Rate +0.0% +1.2% +1.1% +1.3% +0.7%

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 163,145 10,843 11,751 8,976 135.8 40.50 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 143,374 7,726 7,922 4,527 69.8 42 Nov 11, 2024 J-GAAP
YoY -12.1% -28.7% -32.6% -49.6% -48.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 214,793 11,556 13,001 7,917 117.3 60.50 May 15, 2023 J-GAAP
Mar, 2024 293,556 18,270 19,852 15,602 236.0 65.50 May 15, 2024 J-GAAP
Mar, 2025 Guidance 258,000 14,000 15,000 10,200 157.3 72 May 15, 2024 J-GAAP
YoY -12.1% -23.4% -24.4% -34.6% -33.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 73,829 4,139 4,540 3,052 46.0 5.6 Nov 13, 2023 J-GAAP
Oct - Dec, 2023 74,874 4,695 5,198 3,600 54.3 6.3 Feb 13, 2024 J-GAAP
Jan - Mar, 2024 88,271 6,148 6,553 5,376 81.3 7.0 May 15, 2024 J-GAAP
Apr - Jun, 2024 53,089 2,564 2,818 2,439 37.2 4.8 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 61,537 3,710 4,260 3,234 49.6 6.0 Nov 11, 2024 J-GAAP
YoY -16.6% -10.4% -6.2% +6.0% +7.9%

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