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LANDNET, August-October (1Q) Ordinary Profit Increases by 4.3 times

Mon Dec 9, 2024 2:00 pm JST Earnings

2991 LANDNET Inc. 【J-GAAP】

Earnings Report

LANDNET Inc. <2991> [TSE Std] announced its financial results in the afternoon session on December 9th (14:00). The consolidated ordinary profit for the first quarter of the fiscal year ending July 2025 (August to October) surged 4.3 times that of the same period last year, reaching 783 million yen. The progress rate toward the full-year plan of 2.82 billion yen was 27.8%, also surpassing the three-year average of 12.8%.

In the most recent three-month period, from August to October (1Q), the operating profit margin improved from 1.5% in the same period last year to 4.1%.

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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
Aug - Oct, 2022 13,906 223 214 138 11.7 23.7 Dec 12, 2022 J-GAAP
Aug - Oct, 2023 17,326 264 182 122 10.3 20.6 Dec 8, 2023 J-GAAP
Aug - Oct, 2024 22,049 903 783 501 42.0 Dec 9, 2024 J-GAAP
YoY +27.3% +242.0% +330.2% +310.7% +308.3%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug - Jan, 2023 36,370 1,029 884 573 48.2 0 Mar 8, 2024 J-GAAP
Aug - Jan, 2024 Guidance 0 Sep 9, 2024 J-GAAP
YoY

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul, 2023 63,647 1,520 1,362 988 83.1 9.25 Sep 8, 2023 J-GAAP
Jul, 2024 77,790 2,785 2,518 1,840 154.4 15.38 Sep 9, 2024 J-GAAP
Jul, 2025 Guidance 96,241 3,262 2,821 1,881 157.2 15.75 Oct 15, 2024 J-GAAP
YoY +23.7% +17.1% +12.0% +2.2% +1.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Aug - Oct, 2023 17,326 264 182 122 10.3 1.5 Dec 8, 2023 J-GAAP
Nov - Jan, 2023 19,044 765 702 451 37.9 4.0 Mar 8, 2024 J-GAAP
Feb - Apr, 2024 18,842 517 447 299 25.1 2.7 Jun 7, 2024 J-GAAP
May - Jul, 2024 22,578 1,239 1,187 968 81.2 5.5 Sep 9, 2024 J-GAAP
Aug - Oct, 2024 22,049 903 783 501 42.0 4.1 Dec 9, 2024 J-GAAP
YoY +27.3% +242.0% +330.2% +310.7% +308.3%

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