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DIP, Mar-Nov (Cumulative 3Q) Ordinary Profit Increases by 11%

Tue Jan 14, 2025 3:30 pm JST Earnings

2379 DIP corporation 【J-GAAP】

Earnings Report

DIP corporation <2379> [TSE Prime] announced its financial results after the market closed on January 14th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending February 2025 (March to November) increased 11.1% from the same period last year, reaching 10.7 billion yen. The progress rate toward the full-year plan of 13.2 billion yen was 81.7%, also surpassing the five-year average of 76.7%.

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 December to February period (4Q) is expected to decrease 16.9% from the same period last year to 2.41 billion yen.

In the most recent three-month period, from September to November (3Q), the consolidated ordinary profit decreased to 3.36 billion yen, a 5.7% decrease compared to the same period last year. The operating profit margin decreased from 26.2% in the same period last year to 23.7%.

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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
Mar - Nov, 2022 36,718 9,491 9,281 6,253 112.0 80.0 Jan 12, 2023 J-GAAP
Mar - Nov, 2023 40,255 9,818 9,709 6,830 123.2 76.9 Jan 11, 2024 J-GAAP
Mar - Nov, 2024 42,652 10,881 10,783 7,361 137.8 81.7 Jan 14, 2025 J-GAAP
YoY +6.0% +10.8% +11.1% +7.8% +11.8%

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 27,237 6,529 6,476 4,684 84.6 48 Apr 12, 2024 J-GAAP
Sep - Feb, 2024 Guidance 29,176 5,884 5,780 3,854 73.6 48 Oct 15, 2024 J-GAAP
YoY +7.1% -9.9% -10.7% -17.7% -12.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2023 49,355 11,538 11,599 7,935 142.0 72 Apr 14, 2023 J-GAAP
Feb, 2024 53,782 12,761 12,618 9,050 163.4 88 Apr 12, 2024 J-GAAP
Feb, 2025 Guidance 57,600 13,400 13,200 8,900 170.1 95 Oct 15, 2024 J-GAAP
YoY +7.1% +5.0% +4.6% -1.7% +4.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Sep - Nov, 2023 13,710 3,586 3,567 2,464 44.5 26.2 Jan 11, 2024 J-GAAP
Dec - Feb, 2023 13,527 2,943 2,909 2,220 40.1 21.8 Apr 12, 2024 J-GAAP
Mar - May, 2024 15,279 4,023 3,997 2,804 51.4 26.3 Jul 9, 2024 J-GAAP
Jun - Aug, 2024 13,145 3,493 3,423 2,242 41.6 26.6 Oct 15, 2024 J-GAAP
Sep - Nov, 2024 14,228 3,365 3,363 2,315 43.3 23.7 Jan 14, 2025 J-GAAP
YoY +3.8% -6.2% -5.7% -6.0% -2.5%

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