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Link-U Group Inc., Last Fiscal Year's Net Income Unexpectedly Increases, Net Income to Reach 352 million yen for The Current Fiscal Year

Fri Sep 13, 2024 3:00 pm JST Earnings

4446 Link-U Group Inc. 【J-GAAP】

Earnings Report

Link-U Group Inc. <4446> [TSE-P] announced its financial results after the market closed on September 13th (15:00). The consolidated net income for the fiscal year ending July 2024 increased by 12.3% from the previous period to 229 million yen exceeding the previous forecast of 186 million yen and resulted in an increase in profit, a complete reversal from the forecast for a decline in profit. With the transition to International Financial Reporting Standards (IFRS) for the fiscal year ending July 2025, the profit is expected to expand to 352 million yen.

In the most recent three-month period, from May to July (4Q), the consolidated net income dropped to 38 million yen, a 46.5% decrease compared to the same period last year. The operating profit margin remained almost flat, changing from 9.3% in the same period last year to 9.1%.

Note: As accounting standards will be transitioning from Japan GAAP to IFRS from the fiscal year ending July 2025, comparisons with the previous period are not shown.

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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 2,275 117 86 33 2.4 0 Sep 14, 2022 J-GAAP
Jul, 2023 3,129 434 397 204 14.4 0 Sep 14, 2023 J-GAAP
Jul, 2024 3,671 312 310 157 11.1 0 Sep 13, 2024 IFRS
YoY

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 3,289 342 333 186 13.1 0 Sep 14, 2023 J-GAAP
Jul, 2024 Results 3,671 312 310 157 11.1 0 Sep 13, 2024 IFRS
Revision Rate

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug - Jan, 2023 1,653 271 269 159 11.2 0 Mar 15, 2024 IFRS
Aug - Jan, 2024 Guidance 0 Sep 13, 2024 IFRS
YoY

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul, 2023 3,129 434 397 204 14.4 0 Sep 14, 2023 J-GAAP
Jul, 2024 3,671 312 310 157 11.1 0 Sep 13, 2024 IFRS
Jul, 2025 Guidance 5,272 717 708 352 24.8 0 Sep 13, 2024 IFRS
YoY +43.6% +129.8% +128.4% +124.2% +123.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
May - Jul, 2023 796 74 76 71 5.0 9.3 Sep 14, 2023 J-GAAP
Aug - Oct, 2023 874 127 127 81 5.8 14.5 Dec 15, 2023 IFRS
Nov - Jan, 2023 779 144 142 78 5.5 18.5 Mar 15, 2024 IFRS
Feb - Apr, 2024 786 48 50 33 2.3 6.1 Jun 14, 2024 IFRS
May - Jul, 2024 1,232 -7 -9 -35 -2.5 -0.6 Sep 13, 2024 IFRS
YoY

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