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STUDIO ATAO, Mar-Nov (Cumulative 3Q) Ordinary Profit Increases by 80%, Sep-Nov Ordinary Profit Increases by 67%

Fri Jan 10, 2025 4:00 pm JST Earnings

3550 STUDIO ATAO Co.Ltd. 【J-GAAP】

Earnings Report

STUDIO ATAO Co.Ltd. <3550> [TSE Growth] announced its financial results after the market closed on January 10th (16:00). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending February 2025 (March to November) expanded 106 million yen, an increase 79.7% compared to the same period last year. The progress rate toward the full-year plan of 150 million yen was 70.7%, exceeding the same period of the previous year of 48.4%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the December to February period (4Q) is expected to drop 30.2% from the same period last year to 44 million yen.

In the most recent three-month period, from September to November (3Q), the ordinary profit increased 66.7% from the same period last year, reaching 20 million yen. The operating profit margin improved from 1.7% in the same period last year to 2.4%.

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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
Mar - Nov, 2022 2,645 -36 -38 -44 -3.2 Jan 13, 2023 J-GAAP
Mar - Nov, 2023 2,157 61 59 37 2.7 48.4 Jan 12, 2024 J-GAAP
Mar - Nov, 2024 2,496 106 106 47 3.5 70.7 Jan 10, 2025 J-GAAP
YoY +15.7% +73.8% +79.7% +27.0% +29.2%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep - Feb, 2023 1,790 74 75 24 1.8 5 Apr 12, 2024 J-GAAP
Sep - Feb, 2024 Guidance 1,897 65 64 27 2.0 5 Oct 9, 2024 J-GAAP
YoY +6.0% -12.2% -14.7% +12.5% +11.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2023 3,709 -256 -245 -228 -16.3 5 Apr 12, 2023 J-GAAP
Feb, 2024 3,241 123 122 50 3.7 5 Apr 12, 2024 J-GAAP
Feb, 2025 Guidance 3,500 150 150 70 5.1 5 Apr 12, 2024 J-GAAP
YoY +8.0% +22.0% +23.0% +40.0% +38.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Sep - Nov, 2023 706 12 12 11 0.8 1.7 Jan 12, 2024 J-GAAP
Dec - Feb, 2023 1,084 62 63 13 1.0 5.7 Apr 12, 2024 J-GAAP
Mar - May, 2024 863 55 57 33 2.4 6.4 Jul 10, 2024 J-GAAP
Jun - Aug, 2024 740 30 29 10 0.7 4.1 Oct 9, 2024 J-GAAP
Sep - Nov, 2024 893 21 20 4 0.3 2.4 Jan 10, 2025 J-GAAP
YoY +26.5% +75.0% +66.7% -63.6% -63.3%

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