kabutan

First Brothers, 1% Decrease in Ordinary Profit for The Current Fiscal Year, Dividend to Cut by 32 yen

Fri Jan 10, 2025 5:00 pm JST Earnings

3454 First Brothers Co., Ltd. 【J-GAAP】

Earnings Report

First Brothers Co., Ltd. <3454> [TSE Std] announced its financial results after the market closed on January 10th (17:00). The consolidated ordinary profit for the fiscal year ending November 2024 dropped 42.8% from the previous period to 2.19 billion yen. In the fiscal year ending November 2025, the profit is nearly flat with a slight decrease of 0.6% from the previous period to 2.18 billion yen.

At the same time, the company has decided to reduce the dividend this fiscal year to 35 yen, a decrease of 32 yen from the previous fiscal year.

In the most recent three-month period, from September to November (4Q), the consolidated ordinary profit increased 59.9% from the same period last year, reaching 1.45 billion yen. The operating profit margin rose from 16.6% in the same period last year to 18.9%.

Kabutan News

Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Nov, 2022 14,284 1,816 1,356 1,180 84.2 30 Jan 13, 2023 J-GAAP
Nov, 2023 22,268 4,461 3,837 3,186 227.3 32 Jan 12, 2024 J-GAAP
Nov, 2024 16,865 2,838 2,193 1,416 101.0 67 Jan 10, 2025 J-GAAP
YoY -24.3% -36.4% -42.8% -55.6% -55.5%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Nov, 2024 Guidance 16,890 2,830 2,180 1,350 96.3 67 Dec 20, 2024 J-GAAP
Nov, 2024 Results 16,865 2,838 2,193 1,416 101.0 67 Jan 10, 2025 J-GAAP
Revision Rate -0.1% +0.3% +0.6% +4.9% +5.0%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec - May, 2023 4,368 603 377 179 12.8 33 Jul 9, 2024 J-GAAP
Dec - May, 2024 Guidance ー ー ー ー － 0 Jan 10, 2025 J-GAAP
YoY － － － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Nov, 2023 22,268 4,461 3,837 3,186 227.3 32 Jan 12, 2024 J-GAAP
Nov, 2024 16,865 2,838 2,193 1,416 101.0 67 Jan 10, 2025 J-GAAP
Nov, 2025 Guidance 17,950 3,520 2,180 1,370 97.7 35 Jan 10, 2025 J-GAAP
YoY +6.4% +24.0% -0.6% -3.2% -3.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Sep - Nov, 2023 6,228 1,031 912 529 37.7 16.6 Jan 12, 2024 J-GAAP
Dec - Feb, 2023 1,955 240 129 63 4.5 12.3 Apr 9, 2024 J-GAAP
Mar - May, 2024 2,413 363 248 116 8.3 15.0 Jul 9, 2024 J-GAAP
Jun - Aug, 2024 3,541 546 358 323 23.0 15.4 Oct 8, 2024 J-GAAP
Sep - Nov, 2024 8,956 1,689 1,458 914 65.2 18.9 Jan 10, 2025 J-GAAP
YoY +43.8% +63.8% +59.9% +72.8% +72.9%

Related Articles