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HIROTA GROUP, The Current Fiscal Year Net Income Revised Downward to a Loss

Fri Feb 14, 2025 4:00 pm JST Earnings

3346 HIROTA GROUP HOLDINGS Co.,Ltd. 【J-GAAP】

Earnings Report

HIROTA GROUP HOLDINGS Co.,Ltd. <3346> [NSE Next] announced its financial results after the market closed on February 14th (16:00). The consolidated net loss for the cumulative third quarter of the fiscal year ending March 2025 (April to December) was a reduced loss of 266 million yen (compared to a loss of 299 million yen in the same period last year). The company has been in a state of excessive liabilities (415 million yen) for six consecutive quarters.

However, the full-year consolidated net income/loss has been revised downward from an expected profit of 150 million yen to a loss of 375 million yen (compared to a loss of 545 million yen in the previous period), turning to a loss outlook.

Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated net income/loss for the October to March period (2H) has been revised downward from an expected profit of 337 million yen to a loss of 188 million yen (compared to a loss of 378 million yen in the same period of the previous year), turning to a loss outlook.

In the most recent three-month period, from October to December (3Q), the consolidated net loss improved to a deficit of 79 million yen (compared to a loss of 132 million yen in the same period last year). The operating profit/loss margin drastically improved from -20.6% in the same period last year to -11.6%.

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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 1,696 8 10 12 0.8 62.5 Feb 10, 2023 J-GAAP
Apr - Dec, 2023 1,758 -296 -297 -299 -21.0 ー Feb 8, 2024 J-GAAP
Apr - Dec, 2024 1,832 -256 -253 -266 -15.2 ー Feb 14, 2025 J-GAAP
YoY +4.2% +13.5% +14.8% +11.0% +27.6%

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 Prev 2,055 342 330 337 12.8 0 Nov 14, 2024 J-GAAP
Oct - Mar, 2024 New 1,170 -193 -195 -188 -7.2 0 Feb 14, 2025 J-GAAP
Revision Rate -43.1% － － － －

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 3,250 160 150 150 5.7 0 May 14, 2024 J-GAAP
Mar, 2025 New 2,365 -375 -375 -375 -14.3 0 Feb 14, 2025 J-GAAP
Revision Rate -27.2% － － － －

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 1,237 -214 -218 -378 -25.9 0 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 1,170 -193 -195 -188 -7.2 0 Feb 14, 2025 J-GAAP
YoY -5.4% +9.8% +10.6% +50.3% +72.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 2,268 19 16 16 1.2 0 May 12, 2023 J-GAAP
Mar, 2024 2,363 -380 -384 -545 -37.3 0 May 14, 2024 J-GAAP
Mar, 2025 Guidance 2,365 -375 -375 -375 -14.3 0 Feb 14, 2025 J-GAAP
YoY +0.1% +1.3% +2.3% +31.2% +61.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 632 -130 -131 -132 -9.3 -20.6 Feb 8, 2024 J-GAAP
Jan - Mar, 2024 605 -84 -87 -246 -16.9 -13.9 May 14, 2024 J-GAAP
Apr - Jun, 2024 593 -90 -84 -84 -4.8 -15.2 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 602 -92 -96 -103 -5.9 -15.3 Nov 14, 2024 J-GAAP
Oct - Dec, 2024 637 -74 -73 -79 -4.5 -11.6 Feb 14, 2025 J-GAAP
YoY +0.8% +43.1% +44.3% +40.2% +51.3%

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