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HITO-Communications Holdings,Inc., 30% Increase in Ordinary Profit for The Current Fiscal Year, Dividend to Rise by 1 yen

Tue Oct 15, 2024 3:00 pm JST Earnings

4433 HITO-Communications Holdings,Inc. 【J-GAAP】

Earnings Report

HITO-Communications Holdings,Inc. <4433> [TSE-P] announced its financial results after the market closed on October 15th (15:00). The consolidated ordinary profit for the fiscal year ending August 2024 dropped by 64.3% from the previous period to 1.53 billion yen. For the fiscal year ending August 2025, the profit is expected to recover to 30.2% to 2 billion yen.

At the same time, the company has decided to increase the dividend this fiscal year to 36 yen, an increase of 1 yen from the previous fiscal year.

In the most recent three-month period, from June to August (4Q), the consolidated ordinary profit significantly dropped to 94 million yen, a 84.6% decrease compared to the same period last year. The operating profit margin drastically worsened from 3.7% in the same period last year to 0.7%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug, 2022 64,130 5,739 5,759 3,227 180.9 30 Oct 12, 2022 J-GAAP
Aug, 2023 63,980 4,198 4,300 1,885 105.7 31 Oct 12, 2023 J-GAAP
Aug, 2024 58,547 1,568 1,536 -43 -2.4 35 Oct 15, 2024 J-GAAP
YoY -8.5% -62.6% -64.3% － －

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug, 2024 Guidance 58,810 2,450 2,430 1,058 59.3 35 Apr 15, 2024 J-GAAP
Aug, 2024 Results 58,547 1,568 1,536 -43 -2.4 35 Oct 15, 2024 J-GAAP
Revision Rate -0.4% -36.0% -36.8% － －

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep - Feb, 2023 29,810 1,274 1,261 543 30.5 17.50 Apr 15, 2024 J-GAAP
Sep - Feb, 2024 Guidance 27,950 720 715 330 18.5 18 Oct 15, 2024 J-GAAP
YoY -6.2% -43.5% -43.3% -39.2% -39.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug, 2023 63,980 4,198 4,300 1,885 105.7 31 Oct 12, 2023 J-GAAP
Aug, 2024 58,547 1,568 1,536 -43 -2.4 35 Oct 15, 2024 J-GAAP
Aug, 2025 Guidance 59,000 2,000 2,000 943 52.9 36 Oct 15, 2024 J-GAAP
YoY +0.8% +27.6% +30.2% － －

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jun - Aug, 2023 14,724 552 612 -141 -7.9 3.7 Oct 12, 2023 J-GAAP
Sep - Nov, 2023 15,826 927 932 448 25.1 5.9 Jan 15, 2024 J-GAAP
Dec - Feb, 2023 13,984 347 329 95 5.3 2.5 Apr 15, 2024 J-GAAP
Mar - May, 2024 14,727 190 181 -127 -7.1 1.3 Jul 16, 2024 J-GAAP
Jun - Aug, 2024 14,010 104 94 -459 -26.1 0.7 Oct 15, 2024 J-GAAP
YoY -4.8% -81.2% -84.6% -225.5% -229.3%

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