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KURIYAMA HOLDINGS, First Half Ordinary Profit Decreases by 5%
3355 KURIYAMA HOLDINGS CORPORATION 【J-GAAP】
Earnings ReportKURIYAMA HOLDINGS CORPORATION <3355> [TSE Std] announced its financial results in the afternoon session on August 8th (13:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending December 2025 (January to June) decreased 5.4% from the same period last year to 2.93 billion yen. However, Progress toward the full-year plan of 4.80 billion yen was 61.2%, also surpassing the five-year average of 55.3%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the July to December period (second half) is expected to decrease 13.1% from the same period last year to 1.86 billion yen.
In the most recent three-month period, from April to June (2Q), the consolidated ordinary profit decreased to 1.31 billion yen, a 17.2% decrease compared to the same period last year. The operating profit margin worsened from 6.9% in the same period last year to 5.0%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2023 | 36,698 | 2,262 | 2,557 | 1,795 | 91.7 | 56.6 | Aug 8, 2023 | J-GAAP |
| Jan - Jun, 2024 | 40,326 | 2,780 | 3,106 | 2,109 | 107.6 | 59.2 | Aug 8, 2024 | J-GAAP |
| Jan - Jun, 2025 | 43,284 | 2,595 | 2,937 | 2,636 | 134.2 | 61.2 | Aug 8, 2025 | J-GAAP |
| YoY | +7.3% | -6.7% | -5.4% | +25.0% | +24.7% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 Guidance | 43,284 | 2,595 | 2,937 | 2,636 | 134.2 | 28 | Aug 4, 2025 | J-GAAP |
| Jan - Jun, 2025 Results | 43,284 | 2,595 | 2,937 | 2,636 | 134.2 | 28 | Aug 8, 2025 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | +0.0% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2024 | 37,569 | 1,759 | 2,144 | 1,436 | 73.2 | 32.50 | Feb 14, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 46,716 | 1,405 | 1,863 | 964 | 48.3 | 28 | Aug 4, 2025 | J-GAAP |
| YoY | +24.3% | -20.1% | -13.1% | -32.9% | -34.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 71,672 | 3,971 | 4,520 | 3,793 | 193.6 | 45 | Feb 14, 2024 | J-GAAP |
| Dec, 2024 | 77,895 | 4,539 | 5,250 | 3,545 | 180.8 | 55 | Feb 14, 2025 | J-GAAP |
| Dec, 2025 Guidance | 90,000 | 4,000 | 4,800 | 3,600 | 180.3 | 56 | Feb 14, 2025 | J-GAAP |
| YoY | +15.5% | -11.9% | -8.6% | +1.6% | -0.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2024 | 20,317 | 1,392 | 1,583 | 1,115 | 56.9 | 6.9 | Aug 8, 2024 | J-GAAP |
| Jul - Sep, 2024 | 18,558 | 1,072 | 1,143 | 650 | 33.2 | 5.8 | Nov 8, 2024 | J-GAAP |
| Oct - Dec, 2024 | 19,011 | 687 | 1,001 | 786 | 40.1 | 3.6 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 20,639 | 1,473 | 1,627 | 1,164 | 59.3 | 7.1 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 22,645 | 1,122 | 1,310 | 1,472 | 75.0 | 5.0 | Aug 8, 2025 | J-GAAP |
| YoY | +11.5% | -19.4% | -17.2% | +32.0% | +31.7% |
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