kabutan

ARTGREEN., Last Fiscal Year Ordinary Profit Revised Downward by 47%

Tue Dec 10, 2024 2:00 pm JST Revision

3419 ARTGREEN. CO.,LTD. 【J-GAAP】

Guidance Update Report

ARTGREEN. CO.,LTD. <3419> [NSE Next] announced a performance revision in the afternoon session on December 10th (14:00). The consolidated ordinary profit for the fiscal year ending October 2024 has downwardly 47.0%, from the previous forecast of 66 million yen to 35 million yen (compared to 13 million yen in the previous period), leading to a reduction in the profit growth rate from 5.1 times to 2.7 times.

Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the May to October period (second half) consolidated ordinary profit/loss has been revised downward from an expected profit of 29 million yen to a loss of 2 million yen (compared to a loss of 22 million yen in the same period of the previous year), turning to a loss outlook.

Kabutan News

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
May - Oct, 2024 Prev 1,316 32 29 17 14.5 0 Jun 12, 2024 J-GAAP
May - Oct, 2024 New 1,227 2 -2 -4 -3.6 0 Dec 10, 2024 J-GAAP
Revision Rate -6.8% -93.8% － － －

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct, 2024 Prev 2,605 68 66 34 29.0 0 Jun 12, 2024 J-GAAP
Oct, 2024 New 2,516 38 35 13 11.7 0 Dec 10, 2024 J-GAAP
Revision Rate -3.4% -44.1% -47.0% -61.8% -59.6%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
May - Oct, 2023 1,245 -23 -22 -20 0.1 0 Dec 14, 2023 J-GAAP
May - Oct, 2024 Guidance 1,227 2 -2 -4 -3.6 0 Dec 10, 2024 J-GAAP
YoY -1.4% － +90.9% +80.0% －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct, 2022 2,295 58 68 40 35.6 0 Dec 13, 2022 J-GAAP
Oct, 2023 2,484 15 13 0 0.1 0 Dec 14, 2023 J-GAAP
Oct, 2024 Guidance 2,516 38 35 13 11.7 0 Dec 10, 2024 J-GAAP
YoY +1.3% +153.3% +169.2% － +23,380.0%

Related Articles