kabutan

ARBEIT-TIMES CO.,LTD., First Half Ordinary Profit Decreases by 91%, June-Augus Ordinary Profit Turns to Loss

Thu Oct 10, 2024 3:00 pm JST Earnings

2341 ARBEIT-TIMES CO.,LTD. 【J-GAAP】

Earnings Report

ARBEIT-TIMES CO.,LTD. <2341> [TSE-S] announced its financial results after the market closed on October 10th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending February 2025 (March to August) significantly dropped by 90.9% from the same period last year to 6 million yen. The progress rate against the 148 million yen full-year plan was 4.1%, also falling below the same period of the previous year of 143.5%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit/loss for the September to February period (second half) is expected to turn into a profit of 142 million yen (compared to a loss of 20 million yen in the same period last year).

In the most recent three-month period, from June to August (2Q), the consolidated ordinary profit/loss turned to a loss of 7 million yen (compared to a profit of 8 million yen in the same period last year). The operating profit/loss margin worsened from 1.2% in the same period last year to -0.9%.

Kabutan News

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
Mar - Aug, 2022 1,971 -38 -20 -23 -0.9 Oct 13, 2022 J-GAAP
Mar - Aug, 2023 2,193 67 66 40 1.6 143.5 Oct 12, 2023 J-GAAP
Mar - Aug, 2024 2,079 1 6 30 1.7 4.1 Oct 10, 2024 J-GAAP
YoY -5.2% -98.5% -90.9% -25.0% +3.1%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar - Aug, 2024 Guidance 0 Apr 11, 2024 J-GAAP
Mar - Aug, 2024 Results 2,079 1 6 30 1.7 0 Oct 10, 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
Sep - Feb, 2023 2,125 40 -20 -72 -3.0 5 Apr 11, 2024 J-GAAP
Sep - Feb, 2024 Guidance 2,517 149 142 36 2.0 5 Oct 10, 2024 J-GAAP
YoY +18.4% +272.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2023 4,044 54 67 44 1.7 3 Apr 13, 2023 J-GAAP
Feb, 2024 4,318 107 46 -32 -1.3 5 Apr 11, 2024 J-GAAP
Feb, 2025 Guidance 4,596 150 148 66 3.6 5 Apr 11, 2024 J-GAAP
YoY +6.4% +40.2% +221.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jun - Aug, 2023 1,081 13 8 1 0.0 1.2 Oct 12, 2023 J-GAAP
Sep - Nov, 2023 1,099 36 35 22 0.9 3.3 Jan 11, 2024 J-GAAP
Dec - Feb, 2023 1,026 4 -55 -94 -3.9 0.4 Apr 11, 2024 J-GAAP
Mar - May, 2024 1,086 10 13 8 0.4 0.9 Jul 11, 2024 J-GAAP
Jun - Aug, 2024 993 -9 -7 22 1.2 -0.9 Oct 10, 2024 J-GAAP
YoY -8.1% +2,100.0% +2,925.0%

Related Articles