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RAKSUL INC., 45% Increase in Ordinary Profit, Update Record High for Third Consecutive Term, Dividend to Rise by 0.6 yen

Thu Sep 12, 2024 3:00 pm JST Earnings

4384 RAKSUL INC. 【J-GAAP】

Earnings Report

RAKSUL INC. <4384> [TSE-P] announced its financial results after the market closed on September 12th (15:00). The consolidated ordinary profit for the fiscal year ending July 2024 increased by 74.7% from the previous period to 2.04 billion yen. For the fiscal year ending July 2025, the profit is expected to expand to 44.5% to 2.95 billion yen, marking the third consecutive term of record-high profits. This will be the twelfth consecutive term of revenue growth.

At the same time, the company has decided to increase the dividend this fiscal year to 2.3 yen, an increase of 0.6 yen from the previous fiscal year.

In the most recent three-month period, from May to July (4Q), the consolidated ordinary profit increased by 87.0% from the same period last year, reaching 172 million yen. However, the operating profit margin worsened from 2.8% in the same period last year to 2.5%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul, 2022 33,980 462 -167 1,021 17.7 0 Sep 14, 2022 J-GAAP
Jul, 2023 41,018 1,765 1,168 1,329 22.9 0 Sep 12, 2023 J-GAAP
Jul, 2024 51,121 2,523 2,041 2,118 36.3 1.70 Sep 12, 2024 J-GAAP
YoY +24.6% +42.9% +74.7% +59.4% +58.9%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul, 2024 Guidance 50,700 2,300 1,900 2,100 36.1 1.70 Jun 11, 2024 J-GAAP
Jul, 2024 Results 51,121 2,523 2,041 2,118 36.3 1.70 Sep 12, 2024 J-GAAP
Revision Rate +0.8% +9.7% +7.4% +0.9% +0.6%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug - Jan, 2023 23,990 1,291 1,069 1,779 30.5 0 Mar 13, 2024 J-GAAP
Aug - Jan, 2024 Guidance 0 Sep 12, 2024 J-GAAP
YoY

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul, 2023 41,018 1,765 1,168 1,329 22.9 0 Sep 12, 2023 J-GAAP
Jul, 2024 51,121 2,523 2,041 2,118 36.3 1.70 Sep 12, 2024 J-GAAP
Jul, 2025 Guidance 62,000 3,450 2,950 2,030 35.1 2.30 Sep 12, 2024 J-GAAP
YoY +21.3% +36.7% +44.5% -4.2% -3.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
May - Jul, 2023 10,898 308 92 -96 -1.7 2.8 Sep 12, 2023 J-GAAP
Aug - Oct, 2023 11,228 541 429 1,240 21.3 4.8 Dec 14, 2023 J-GAAP
Nov - Jan, 2023 12,762 750 640 539 9.2 5.9 Mar 13, 2024 J-GAAP
Feb - Apr, 2024 13,567 898 800 325 5.6 6.6 Jun 11, 2024 J-GAAP
May - Jul, 2024 13,564 334 172 14 0.2 2.5 Sep 12, 2024 J-GAAP
YoY +24.5% +8.4% +87.0%

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