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GAKUJO CO.,Ltd., Third Quarter Cumulative (November-July) Ordinary Profit Increases by 7%

Mon Sep 9, 2024 3:00 pm JST Earnings

2301 GAKUJO CO.,Ltd. 【J-GAAP】

Earnings Report

GAKUJO CO.,Ltd. <2301> [TSE-P] announced its financial results after the market closed on September 9th (15:00). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending October 2024 (November 2023 to July 2024) increased by 7.3% from the same period last year, reaching 1.62 billion yen. This progress accounts for 58.0% of the full-year plan of 2.8 billion yen, exceeding the five-year average of 51.2%.

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the August to October period (4Q) is expected to grow by 12.0% from the same period last year, reaching 1.17 billion yen.

In the most recent three-month period, from May to July (3Q), the ordinary profit decreased to 739 million yen, a 21.3% decrease compared to the same period last year. The operating profit margin significantly dropped from 34.1% in the same period last year to 22.4%.

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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
Nov - Jul, 2021 4,144 517 889 590 41.9 43.6 Sep 12, 2022 J-GAAP
Nov - Jul, 2022 5,766 1,323 1,513 1,036 74.3 59.0 Sep 12, 2023 J-GAAP
Nov - Jul, 2023 7,006 1,283 1,624 1,158 83.3 58.0 Sep 9, 2024 J-GAAP
YoY +21.5% -3.0% +7.3% +11.8% +12.1%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
May - Oct, 2023 5,567 1,856 1,989 1,366 98.0 27 Dec 11, 2023 J-GAAP
May - Oct, 2024 Guidance 6,376 1,835 1,915 1,240 90.6 26 Jun 10, 2024 J-GAAP
YoY +14.5% -1.1% -3.7% -9.2% -7.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct, 2022 6,773 1,621 2,038 1,396 99.4 43 Dec 12, 2022 J-GAAP
Oct, 2023 8,784 2,310 2,563 1,753 125.7 51 Dec 11, 2023 J-GAAP
Oct, 2024 Guidance 10,400 2,450 2,800 1,904 139.1 52 Jun 10, 2024 J-GAAP
YoY +18.4% +6.1% +9.2% +8.6% +10.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
May - Jul, 2023 2,549 869 939 649 46.6 34.1 Sep 12, 2023 J-GAAP
Aug - Oct, 2023 3,018 987 1,050 717 51.4 32.7 Dec 11, 2023 J-GAAP
Nov - Jan, 2023 1,481 -57 23 68 4.9 -3.8 Mar 11, 2024 J-GAAP
Feb - Apr, 2024 2,543 672 862 596 42.7 26.4 Jun 10, 2024 J-GAAP
May - Jul, 2024 2,982 668 739 494 35.5 22.4 Sep 9, 2024 J-GAAP
YoY +17.0% -23.1% -21.3% -23.9% -23.7%

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