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ID Holdings Corporation, The Current Fiscal Year Ordinary Profit Revised Upward by 13%, Adds to Record High Profit Forecast

Thu Oct 31, 2024 5:00 pm JST Earnings

4709 ID Holdings Corporation 【J-GAAP】

Earnings Report

ID Holdings Corporation <4709> [TSE-P] announced its financial results after the market closed on October 31st (17:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 19.7% from the same period last year, reaching 1.8 billion yen.

In addition, the full-year consolidated ordinary profit has been revised upward by 13.3%, from the previous forecast of 3 billion yen to 3.4 billion yen (compared to 2.86 billion yen in the previous period), increasing the growth rate from 4.9% to 18.9%, further surpassing the previous forecast of record-high profits for three consecutive terms.

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 October to March period (second half) is expected to grow by 17.9% from the same period last year, reaching 1.59 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased by 61.6% from the same period last year, reaching 1 billion yen. The operating profit margin significantly improved from 7.4% in the same period last year to 11.4%.

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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
Apr - Sep, 2022 14,861 1,155 1,209 680 41.0 48.3 Oct 31, 2022 J-GAAP
Apr - Sep, 2023 15,938 1,421 1,504 844 50.8 52.6 Oct 31, 2023 J-GAAP
Apr - Sep, 2024 17,347 1,737 1,801 1,055 63.0 53.0 Oct 31, 2024 J-GAAP
YoY +8.8% +22.2% +19.7% +25.0% +24.2%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 Guidance ー ー ー ー － 25 Apr 30, 2024 J-GAAP
Apr - Sep, 2024 Results 17,347 1,737 1,801 1,055 63.0 25 Oct 31, 2024 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
Mar, 2025 Prev 35,000 3,000 3,000 1,750 104.3 55 Apr 30, 2024 J-GAAP
Mar, 2025 New 35,000 3,400 3,400 2,000 119.2 55 Oct 31, 2024 J-GAAP
Revision Rate 0.0% +13.3% +13.3% +14.3% +14.3%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 16,742 1,348 1,356 933 55.9 25 Apr 30, 2024 J-GAAP
Oct - Mar, 2024 Guidance 17,653 1,663 1,599 945 56.3 30 Oct 31, 2024 J-GAAP
YoY +5.4% +23.4% +17.9% +1.3% +0.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 31,101 2,424 2,504 1,402 84.5 45 Apr 28, 2023 J-GAAP
Mar, 2024 32,680 2,769 2,860 1,777 106.4 50 Apr 30, 2024 J-GAAP
Mar, 2025 Guidance 35,000 3,400 3,400 2,000 119.2 55 Oct 31, 2024 J-GAAP
YoY +7.1% +22.8% +18.9% +12.5% +12.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 8,119 598 620 330 19.9 7.4 Oct 31, 2023 J-GAAP
Oct - Dec, 2023 8,168 732 733 485 29.1 9.0 Jan 31, 2024 J-GAAP
Jan - Mar, 2024 8,574 616 623 448 26.8 7.2 Apr 30, 2024 J-GAAP
Apr - Jun, 2024 8,487 729 799 451 27.0 8.6 Jul 31, 2024 J-GAAP
Jul - Sep, 2024 8,860 1,008 1,002 604 36.1 11.4 Oct 31, 2024 J-GAAP
YoY +9.1% +68.6% +61.6% +83.0% +81.8%

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