kabutan

HOTLAND Co.,Ltd., July-September (3Q) Ordinary Profit Turns to Loss

Thu Nov 14, 2024 3:30 pm JST Earnings

3196 HOTLAND HOLDINGS Co., Ltd. 【J-GAAP】

Earnings Report

HOTLAND Co.,Ltd. <3196> [TSE-P] announced its financial results after the market closed on November 14th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2024 (January to September) increased by 3.0% from the same period last year, reaching 2.36 billion yen. The progress rate against the 2.75 billion yen full-year plan was 85.9%, also surpassing the five-year average of 76.2%.

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to December period (4Q) is expected to grow by 13.5% from the same period last year, reaching 387 million yen.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit/loss turned to a loss of 13 million yen (compared to a profit of 876 million yen in the same period last year). The operating profit margin worsened from 6.9% in the same period last year to 5.2%.

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
Jan - Sep, 2022 23,675 1,341 2,476 1,462 67.8 94.9 Nov 14, 2022 J-GAAP
Jan - Sep, 2023 28,469 1,704 2,294 1,059 48.9 87.1 Nov 9, 2023 J-GAAP
Jan - Sep, 2024 33,825 2,103 2,363 1,253 59.0 85.9 Nov 14, 2024 J-GAAP
YoY +18.8% +23.4% +3.0% +18.3% +20.5%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2023 20,270 1,226 1,217 309 14.3 10 Feb 14, 2024 J-GAAP
Jul - Dec, 2024 Guidance 22,841 1,300 374 89 4.2 10 Aug 14, 2024 J-GAAP
YoY +12.7% +6.0% -69.3% -71.2% -70.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 32,163 1,744 2,608 1,358 62.9 7 Feb 15, 2023 J-GAAP
Dec, 2023 38,710 2,235 2,635 1,021 47.2 10 Feb 14, 2024 J-GAAP
Dec, 2024 Guidance 45,000 2,800 2,750 1,450 68.2 10 Feb 14, 2024 J-GAAP
YoY +16.2% +25.3% +4.4% +42.0% +44.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 10,029 695 876 347 16.0 6.9 Nov 9, 2023 J-GAAP
Oct - Dec, 2023 10,241 531 341 -38 -1.8 5.2 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 11,459 1,105 1,514 930 43.8 9.6 May 15, 2024 J-GAAP
Apr - Jun, 2024 10,700 395 862 431 20.3 3.7 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 11,666 603 -13 -108 -5.1 5.2 Nov 14, 2024 J-GAAP
YoY +16.3% -13.2% － － －

Related Articles