kabutan

istyle, The Current Fiscal Year Ordinary Profit Revised Upward by 21%, Exceeded Record Profit Forecast, Dividend Set at 1 yen, Resuming Dividends for the First Time in Seven Terms

Wed Feb 12, 2025 3:30 pm JST Earnings

3660 istyle Inc. 【J-GAAP】

Earnings Report

istyle Inc. <3660> [TSE Prime] announced its financial results after the market closed on February 12th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending June 2025 (July to December) expanded 1.58 billion yen, an increase 96.5% compared to the same period last year.

In addition, the full-year consolidated ordinary profit has been revised upward 20.8%, from the previous forecast of 2.4 billion yen to 2.9 billion yen (compared to 1.72 billion yen in the previous period), increasing the growth rate from 39.5% to 68.5%. The company has further increased its previous forecast of record profits for the first time in seven years.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the January to June period (2H) is expected to expand 43.7% from the same period last year, reaching 1.31 billion yen.

In light of the strong performance, the company, which had previously planned no dividend for the current fiscal year, has decided to implement a year-end lump-sum dividend of 1 yen, reinstating dividends for the first time in seven terms.

In the most recent three-month period, from October to December (2Q), the consolidated ordinary profit increased 63.2% from the same period last year, reaching 0.74 billion yen. The operating profit margin improved from 3.3% in the same period last year to 4.1%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jul - Dec, 2022 20,358 254 18 -36 -0.5 4.4 Feb 13, 2023 J-GAAP
Jul - Dec, 2023 27,117 851 808 482 6.3 46.9 Feb 14, 2024 J-GAAP
Jul - Dec, 2024 33,072 1,495 1,588 1,100 14.0 54.8 Feb 12, 2025 J-GAAP
YoY +22.0% +75.7% +96.5% +128.2% +122.8%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2024 Guidance ー ー ー ー － 0 Aug 14, 2024 J-GAAP
Jul - Dec, 2024 Results 33,072 1,495 1,588 1,100 14.0 0 Feb 12, 2025 J-GAAP
Revision Rate － － － － －

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun, 2025 Prev 64,000 2,400 2,400 1,600 18.0 0 Aug 14, 2024 J-GAAP
Jun, 2025 New 66,000 2,800 2,900 1,900 21.4 1 Feb 12, 2025 J-GAAP
Revision Rate +3.1% +16.7% +20.8% +18.8% +18.7%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2024 28,968 1,089 913 732 9.4 0 Aug 14, 2024 J-GAAP
Jan - Jun, 2025 Guidance 32,928 1,305 1,312 800 9.0 1 Feb 12, 2025 J-GAAP
YoY +13.7% +19.8% +43.7% +9.3% -4.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun, 2023 42,890 817 410 275 3.7 0 Aug 14, 2023 J-GAAP
Jun, 2024 56,085 1,940 1,721 1,214 15.7 0 Aug 14, 2024 J-GAAP
Jun, 2025 Guidance 66,000 2,800 2,900 1,900 21.4 1 Feb 12, 2025 J-GAAP
YoY +17.7% +44.3% +68.5% +56.5% +36.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 14,668 483 459 311 4.1 3.3 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 13,863 604 534 351 4.6 4.4 May 10, 2024 J-GAAP
Apr - Jun, 2024 15,105 485 379 381 4.9 3.2 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 15,038 762 839 603 7.7 5.1 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 18,034 733 749 497 6.3 4.1 Feb 12, 2025 J-GAAP
YoY +22.9% +51.8% +63.2% +59.8% +55.8%

Related Articles