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YOKOHAMA REITO, Oct-Dec (1Q) Ordinary Profit Decreases by 50%

Fri Feb 14, 2025 1:00 pm JST Earnings

2874 YOKOHAMA REITO CO.,LTD. 【J-GAAP】

Earnings Report

YOKOHAMA REITO CO.,LTD. <2874> [TSE Prime] announced its financial results in the afternoon session on February 14th (13:00). The consolidated ordinary profit for the first quarter of the fiscal year ending September 2025 (October to December) dropped 49.6% from the same period last year to 0.85 billion yen. The progress rate toward the plan for the six months ending March (1H) of 2.1 billion yen was 40.5%, also falling below the five-year average of 68.1%.

In the most recent three-month period, from October to December (1Q), the operating profit margin remained almost flat, changing from 5.3% in the same period last year to 5.4%.

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Actual Results

Accumulated Results 1st Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Oct - Dec, 2022 31,338 1,079 1,312 746 12.7 65.9 Feb 13, 2023 J-GAAP
Oct - Dec, 2023 32,571 1,716 1,687 1,260 21.9 91.2 Feb 13, 2024 J-GAAP
Oct - Dec, 2024 33,758 1,811 850 134 2.3 40.5 Feb 14, 2025 J-GAAP
YoY +3.6% +5.5% -49.6% -89.4% -89.6%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 59,997 2,719 1,849 1,101 27.9 12 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 68,000 2,200 2,100 1,400 23.7 12 Nov 14, 2024 J-GAAP
YoY +13.3% -19.1% +13.6% +27.2% -15.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep, 2023 125,598 3,588 4,133 -10,731 -182.5 24 Nov 14, 2023 J-GAAP
Sep, 2024 122,282 4,647 4,808 3,933 66.8 24 Nov 14, 2024 J-GAAP
Sep, 2025 Guidance 127,000 4,250 4,150 2,800 47.5 24 Nov 14, 2024 J-GAAP
YoY +3.9% -8.5% -13.7% -28.8% -28.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 32,571 1,716 1,687 1,260 21.9 5.3 Feb 13, 2024 J-GAAP
Jan - Mar, 2024 27,426 1,003 162 -159 -4.0 3.7 May 14, 2024 J-GAAP
Apr - Jun, 2024 31,171 1,325 1,050 564 9.6 4.3 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 31,114 603 1,909 2,268 38.5 1.9 Nov 14, 2024 J-GAAP
Oct - Dec, 2024 33,758 1,811 850 134 2.3 5.4 Feb 14, 2025 J-GAAP
YoY +3.6% +5.5% -49.6% -89.4% -89.6%

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