kabutan

CVS Bay Area, 2% Decrease in Ordinary Profit for The Current Fiscal Year, Dividend Raised by 3 yen

Fri Apr 11, 2025 5:50 pm JST Earnings

2687 CVS Bay Area Inc. 【J-GAAP】

Earnings Report

CVS Bay Area Inc. <2687> [TSE Std] announced its financial results after the market closed on April 11th (17:50). The consolidated ordinary profit for the fiscal year ending February 2025 decreased 8.3% from the previous period to 385 million yen. In the fiscal year ending February 2026, the profit is expected to decrease by 1.8% from the previous period to 378 million yen.

At the same time, the company has decided to increase the dividend this fiscal year to 26 yen, an increase of 3 yen from the previous fiscal year.

In the most recent three-month period, from December to February (4Q), the consolidated ordinary loss expanded to a loss of 61 million yen (compared to a loss of 44 million yen in the same period last year). The operating profit/loss margin drastically worsened from 2.1% in the same period last year to -1.5%.

Kabutan News

Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2023 6,926 81 47 -13 -2.7 16 Apr 12, 2023 J-GAAP
Feb, 2024 7,519 486 420 697 141.3 20 Apr 12, 2024 J-GAAP
Feb, 2025 7,822 421 385 1,123 227.5 23 Apr 11, 2025 J-GAAP
YoY +4.0% -13.4% -8.3% +61.1% +61.0%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2025 Guidance 7,768 442 382 1,008 204.2 23 Apr 10, 2025 J-GAAP
Feb, 2025 Results 7,822 421 385 1,123 227.5 23 Apr 11, 2025 J-GAAP
Revision Rate +0.7% -4.8% +0.8% +11.4% +11.4%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar - Aug, 2024 3,901 282 313 815 165.3 10 Oct 11, 2024 J-GAAP
Mar - Aug, 2025 Guidance 4,543 292 168 109 22.1 13 Apr 11, 2025 J-GAAP
YoY +16.5% +3.5% -46.3% -86.6% -86.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2024 7,519 486 420 697 141.3 20 Apr 12, 2024 J-GAAP
Feb, 2025 7,822 421 385 1,123 227.5 23 Apr 11, 2025 J-GAAP
Feb, 2026 Guidance 8,896 568 378 247 50.0 26 Apr 11, 2025 J-GAAP
YoY +13.7% +34.9% -1.8% -78.0% -78.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Dec - Feb, 2023 1,861 40 -44 304 61.6 2.1 Apr 12, 2024 J-GAAP
Mar - May, 2024 1,997 193 203 156 31.7 9.7 Jul 10, 2024 J-GAAP
Jun - Aug, 2024 1,904 89 110 659 133.6 4.7 Oct 11, 2024 J-GAAP
Sep - Nov, 2024 2,057 167 133 104 21.1 8.1 Jan 10, 2025 J-GAAP
Dec - Feb, 2024 1,864 -28 -61 204 41.3 -1.5 Apr 11, 2025 J-GAAP
YoY +0.2% － -38.6% -32.9% -32.9%

Related Articles