kabutan

Yamaichi Uniheim Real Estate, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 40%, Oct-Dec Ordinary Profit Turns to Loss

Fri Feb 14, 2025 3:38 pm JST Earnings

2984 Yamaichi Real Estate Co., Ltd 【J-GAAP】

Earnings Report

Yamaichi Uniheim Real Estate Co.,Ltd <2984> [TSE Std] announced its financial results after the market closed on February 14th (15:38). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) dropped 39.6% from the same period last year to 0.4 billion yen. The progress rate toward the full-year plan of 1.93 billion yen was 21.1%, also falling below the three-year average of 69.5%.

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 January to March period (4Q) is expected to grow 20.9% from the same period last year, reaching 1.52 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit/loss turned to a loss of 0.05 billion yen (compared to a profit of 0.61 billion yen in the same period last year). The operating profit margin sharply declined from 20.7% in the same period last year to 5.0%.

Kabutan News

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
Apr - Dec, 2022 15,098 2,205 1,951 1,243 188.2 91.4 Feb 10, 2023 J-GAAP
Apr - Dec, 2023 8,018 922 674 477 66.5 34.8 Feb 9, 2024 J-GAAP
Apr - Dec, 2024 12,176 806 407 201 23.8 21.1 Feb 14, 2025 J-GAAP
YoY +51.9% -12.6% -39.6% -57.9% -64.2%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 15,492 2,129 1,880 1,200 167.1 33 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 15,501 1,659 1,470 993 116.2 30 Nov 11, 2024 J-GAAP
YoY +0.1% -22.1% -21.8% -17.3% -30.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 18,626 2,508 2,134 1,307 193.8 30 May 12, 2023 J-GAAP
Mar, 2024 20,083 2,343 1,935 1,255 174.8 33 May 10, 2024 J-GAAP
Mar, 2025 Guidance 24,434 2,302 1,931 1,220 142.8 30 May 10, 2024 J-GAAP
YoY +21.7% -1.7% -0.2% -2.8% -18.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 3,427 708 619 422 58.8 20.7 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 12,065 1,421 1,261 778 108.3 11.8 May 10, 2024 J-GAAP
Apr - Jun, 2024 2,779 95 34 -8 -1.1 3.4 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 6,154 548 427 235 28.0 8.9 Nov 11, 2024 J-GAAP
Oct - Dec, 2024 3,243 163 -54 -26 -3.1 5.0 Feb 14, 2025 J-GAAP
YoY -5.4% -77.0% － － －

Related Articles